TMI BlogConditions for issue of IDR.X X X X Extracts X X X X X X X X Extracts X X X X ..... wed by each class of applicant for applying shall be mentioned in the prospectus; (c) minimum application amount shall be twenty thousand rupees; (d) at least fifty per cent of the IDR issued shall be allotted to qualified institutional buyers on proportionate basis as per illustration given in Part C of Schedule XI; (e) the balance fifty per cent may be allocated among the categories of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r or of the holding company or subsidiary company or of the material associate(s) of the issuer, whose financial statements are consolidated with the issuer s financial statements, working in India and does not include promoters and an immediate relative of the promoter (i.e., any spouse of that person, or any parent, brother, sister or child of the person or of the spouse).] (f) At any given t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IDR issued shall be allocated to retail individual investors and in case of under-subscription in retail individual investor category, spill over to the extent of under-subscription shall be permitted to other categories. 2 Inserted by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, w.e.f. 01.12.2015. - - statute, statutory provisions legislation, law, enactm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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