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Merchant Banking and Financial Services, III Semester (MBA), UNIT-2

Definition of Subject Matter of DIP Guidelines

   Posted On :  07.10.2021 08:20 am

The issue procedure, the subject matter of DIP guidelines deals with the following:- Eligibility norms Pricing of issues Promoters contribution and lock-in requirements Indian Depository Receipts (IDR) Issue advertisement Issue of Debt Instruments Book building Green shoe option Initial Public offer through stock exchange online system (EIPO) Preferential issues Qualified Institutional Placement

Filing of Offer Document

In the following cases, a draft prospectus/letter of offer should be filed with the SEBI through a merchant Banker at least 30 days prior to filing it with the Registrar of companies:-

Public issue of securities by any company

Any type of securities by a listed company through a rights issue in excess of ` 50 lakh

Before filing the draft prospectus with the Registrar of companies, the lead merchant banker/issuer should carry out any changes specified by the SEBI on the draft prospectus/letter of offer. The SEBI may specify changes only after receipt of in principle approval from the exchanges on which the proposed securities are to be listed.
Tags : Merchant Banking and Financial Services, III Semester (MBA), UNIT-2
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