Regulation 106R - Minimum Number of Allottees
Effective from 23.09.2011
106 F. No allotment shall be made pursuant to any initial public offer made under this Chapter, if the number of prospective allottees is less than fifty.
Substituted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2011, w.e.f.23.09.2011. To view the notification,Click Here
SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2011, w.e.f. 23.09.2011