Regulation 91F - Pricing and allocation/allotment
Effective from 30.01.2012
(1) The eligible seller shall announce a floor price or price band at least one day prior to the
opening of institutional placement programme.
(2) The eligible seller shall have the option to make allocation/allotment as per any of the following methods –
(a) proportionate basis;
(b) price priority basis; or
(c) criteria as mentioned in the offer document.
(3) The method chosen shall be disclosed in the offer document.
(4) Allocation/allotment shall be overseen by stock exchange before final allotment.
Inserted vide SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2012, w.e.f. 30.01.2012. To view the notification,Click Here
SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2012, w.e.f. 30.01.2012