Examples of Retail Individual Investors in a sentence
Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors, out of which i) one third shall be reserved for Bidders with Bids exceeding ₹ 0.2 million up to ₹ 1 million; and ii) two -thirds shall be reserved for Bidders with Bids exceeding ₹ 1 million, and not less than 35% of the Offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.
Further, not more than 15% of the Issue shall be available for allocation to Non-Institutional Investors, out of which i) one third shall be reserved for Bidders with Bids exceeding ₹ 0.2 million up to ₹ 1 million; and ii) two -thirds shall be reserved for Bidders with Bids exceeding ₹ 1 million, and not more than 10% of the Issue shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price.
Category IV (Retail Individual Investors) • Retail Individual Investors which include Resident Indian individuals and Hindu Undivided Families through the Karta applying for an amount aggregating up to and including ₹ 10 lacs across all series of NCDs in Issue.
ANNEXURE A SELLING COMMISSION STRUCTURE Selling commission payable to the SCSBs on the portion for Retail Individual Investors and Non-Institutional Investors, which are directly procured by them would be as follows: Portion for Retail Individual 0.35% of the Amount Allotted (plus Portion for Non-Institutional 0.20% of the Amount Allotted (plus * Amount Allotted is the product of the number of Equity Shares Allotted and the Issue Price.
Category IV (Retail Individual Investors) • Retail Individual Investors which include Resident Indian individuals and Hindu Undivided Families through the Karta applying for an amount aggregating up to and including ₹ 10 lakhs across all series of NCDs in Issue.
Further, not less than 35% of the Offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.