Net QIB Portion definition

Net QIB Portion means QIB Portion less the number of Equity Shares Allotted to the Anchor Investors.
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Net QIB Portion means the portion of the QIB Portion less the number of Equity Shares
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Net QIB Portion means the QIB Portion less the number of Equity Shares Allotted to the Anchor Investors. “Net Offer” means the Offer less Employee Reservation Portion
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Examples of Net QIB Portion in a sentence

  • However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs.

  • In the event of under-subscription, or non-allotment in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion.

  • Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

  • Further, 5% of the Net QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis only to Mutual Funds, subject to valid Bids being received at or above the Offer Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price.


More Definitions of Net QIB Portion

Net QIB Portion means QIB Portion less the number of Equity Shares Allotted to the Anchor Investors. “Non-Institutional Bidders” shall mean all Bidders that are not QIBs or RIBs or the Eligible Employees Bidding in the Employee Reservation Portion and who have Bid for Equity Shares for an amount of more than ₹200,000 (but not including NRIs other than Eligible NRIs).
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