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TMI BlogPRELIMINARYX X X X Extracts X X X X X X X X Extracts X X X X ..... iii) "Advertisement" includes notices, brochures, pamphlets, circulars, show cards, catalogues, hoardings, placards, posters, insertions in newspaper, pictures, films, cover pages of offer documents or any other print medium, radio, television programmes through any electronic medium; 4((iii-a) "Application Supported by Blocked Amount (ASBA)" means an application for subscribing to an issue containing an authorisation to block the application money in a bank account.) 5(6((iii-b) "ASBA Investor" means an investor who intends to apply through ASBA process and (A) in case of public issue: (a) is a "Resident Retail Individual Investor"; (b) is bidding at cut-off, with single option as to the number of shares bid for; (c) is applying through blocking of funds in a bank account with the SCSB; (d) has agreed not to revise his/her bid; (e) is not bidding under any of the reserved categories. (B) in case of rights issue , an applicant, who; (a) holds the shares of the issuer in dematerialized form as on record date and has applied for entitlements and /or additional shares in dematerialized form; (b) has not renounced his/ her entitlements in full or in part; (c) is not a reno ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ange. Provided further that the company may choose a different exchange as a designated stock exchange for any subsequent issue, subject to the above clause.) 10(xiib) "Employee" means a) a permanent employee of the company working in India or out of India; or b) a director of the company, whether a whole time director, part time director or otherwise; c) an employee as defined in sub-clauses (a) or (b) of a subsidiary, in India or out of India, or of a holding company of the company.) 11(xiic) "Fast Track Issue" means a public issue or rights issue made by a listed company which satisfies all the requirements of clause 2.1.2A.) xiii) "Firm Allotment" means allotment on a firm basis in public issues by an issuing company made to Indian and Multilateral Development Financial Institutions, Indian Mutual Funds, Foreign Institutional Investors including non-resident Indians and overseas corporate bodies and permanent/ regular employees of the issuer company. 12(xiii-a) "Green Shoe Option" means an option of allocating shares in excess of the shares included in the public issue and operating a post-listing price stabilizing mechanism in accordance with the provisions of Chapter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... scheduled commercial bank; c) a mutual fund registered with the Board; d) a foreign institutional investor and sub-account registered with SEBI, other than a sub-account which is a foreign corporate or foreign individual; e) a multilateral and bilateral development financial institution; f) a venture capital fund registered with SEBI; g) a foreign venture capital investor registered with SEBI; h) a state industrial development corporation; i) an insurance company registered with the Insurance Regulatory and Development Authority (IRDA); j) a provident fund with minimum corpus of ₹ 25 crores; k) a pension fund with minimum corpus of ₹ 25 crores); l) National Investment Fund set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of Government of India published in the Gazette of India. 17(18(xxiv b))) "Resident retail individual investor" means a Retail Individual Investor who is a person resident in India as defined in Foreign Exchange Management Act, 1999. 19(20(21(xxiv c))) "Retail Individual Investor" means an investor who applies or bids for securities of or for a value of not more than 22(Rs.1,00,000/-).) 23(24(xxiv d)) "Retail Individua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is less than ₹ 50 Lakhs, the company shall prepare the letter of offer in accordance with the disclosure requirements specified in these guidelines and file the same with the Board for its information and for being put on the SEBI website.) ii) Unless otherwise stated, all provisions in these guidelines applicable to public issues by unlisted companies shall also apply to offers for sale to the public by unlisted companies. ****** 1 Renumbered clause 1 as "clause 1.1", vide SEBI Circular No. SEBI/CFD/DIL/DIP/14/2005/25/1 dated January 25, 2005. 2 Inserted vide SEBI Circular No. SEBI/CFD/DIL/DIP/19/2006/31/3 dated March 31, 2006. 3 Renumbered sub-clause (i) as "clause (ib)", vide SEBI Circular No. SEBI/CFD/DIL/DIP/19/2006/31/3 dated March 31, 2006. 4 Inserted vide SEBI Circular No. SEBI/CFD/DIL/DIP/31/2008/30/7 dated July 30, 2008. 5 Substituted vide SEBI/CFD/DIL/DIP/Circular No. 38 dated August 20, 2009 for the following: "ASBA Investor" means an Investor who intends to apply through ASBA process and a. is a "Resident Retail Individual Investor"; b. is bidding at cut-off, with single option as to the number of shares bid for; c. is applying through blocking of fun ..... 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