Allocation in the net offer

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..... um application size]; b) not less than fifteen per cent. to non-institutional investors; c) not more than fifty per cent. to qualified institutional buyers, five per cent. of which shall be allocated to mutual funds: Provided that the unsubscribed portion in either of the categories specified in clauses (a) or (b) may be allocated to applicants in any other category: Provided further that .....

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..... be allocated to applicants in the other sub-category of non-institutional investors.] 3[6[(3)] In an issue made other than through the book building process, the allocation in the net offer category shall be made as follows: (a) minimum fifty per cent. to 8[****] individual investors 9[who applies for minimum application size]; and (b) remaining to: (i) individual applicants 10[who applies .....

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..... as, "Explanation: If the retail individual investor category is entitled to more than the allocated portion on proportionate basis, the retail individual investors shall be allocated that higher percentage." 2. Re-numbered as (1) vide NOTIFICATION No. SEBI/LAD-NRO/GN/2018/57 dated 31-12-2018 3. Inserted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2018/57 dated 31-12-2018 4.  Omitted vide&n .....

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..... 2025 (For effective date in certain cases see Notification) before it was read as, "retail" 9.  Inserted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification) 10.  Substituted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date i .....

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..... e.f. 03-03-2025 (For effective date in certain cases see Notification) before it was read as, "individual investor category" 14.  Substituted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification) before it was read as, "the" -
Statute, statutory provisions legislation, law, enactmen .....

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