valid as on 25/04/2024

Regulation 105 - Undersubscribed issue
Effective from 26-08-2009

In case of undersubscribed issue of IDR, the merchant banker shall furnish information in respect of underwriters who have failed to meet their underwriting devolvement to the Board on the lines of the format specified in .

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ICDR – SCHEDULE XVII

[See regulation 67(4) and 105]
FORMAT OF UNDERWRITING DEVOLVEMENT STATEMENT

(1) Name of the merchant banker :

(2) Name of the issuer :

(3) Issue size :

(4) Issue-wise statement of non-acceptance of underwriting devolvement :

Sr. No.Name of the UnderwriterAmount underwrittenAmount devolvedDate of issue of notice of
devolvement, if any
Reasons for not accepting devolvement


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