Qualified Institutional Buyers (QIBs) = 18.52%
Non Institutional Investors = 1.63%
Retail Individual Investors (RIIs) = 0.72%
Employees (EMP) = 0.37%
Total = 9.72%
Qualified Institutional Buyers (QIBs) = 18.52%
Non Institutional Investors = 1.63%
Retail Individual Investors (RIIs) = 0.72%
Employees (EMP) = 0.37%
Total = 9.72%
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Can some one tell me when will the stocks be given to us(FPO) for trading?
Retail Cap in IPOs to Rs 2 lac
The Securities & Exchange Board of India (SEBI) has increased investment limit in IPO (initial public offer) or FPO (follow-on public offer) for retail investors to Rs 2 lakh from Rs 1 lakh.
RPP Infra Projects is the first public offer that will get benefited from this investment limit.
SEBI had announced the limit last month but will get implemented from now onwards. However, the SEBI has not increased retail investors’ reserved portion, which kept at 35%.
* SAFE
Self Appointed Financial Expert