IPO requires minimum net offer to public of at least 25% of the post-issue capital.
What is 'public' here?
Can this include the shares allotted by the Co. to 'QIBs' via book building?
IPO requires minimum net offer to public of at least 25% of the post-issue capital.
What is 'public' here?
Can this include the shares allotted by the Co. to 'QIBs' via book building?
yeah i also agree with ankur...........
yes net offer to public includes allotment to QIBs also.
CAclubindia
