QIB Portion definition

QIB Portion means the portion of the Offer (including the Anchor Investor Portion) being not more than 50% of the Net Offer which shall be allocated to QIBs (including Anchor Investors), subject to valid Bids being received at or above the Offer Price;
QIB Portion has the meaning ascribed to such term in the Offer Documents.
QIB Portion means the portion of the Offer, being at least 75% of the Offer, which shall be Allotted to QIBs on a proportionate basis, including the Anchor Investor Portion (in which allocation shall be on a discretionary basis, as determined by the Company, Blue Chandra and GSIHAL in consultation with the BRLMs), subject to valid Bids being received at or above the Offer Price, or the Anchor Investor Offer Price (for Anchor Investors).

Examples of QIB Portion in a sentence

  • However, subject to the conditions set out in the Red Xxxxxxx Prospectus, Bids by QIBs under the Anchor Investor Portion and the QIB Portion will not be treated as multiple Bids.

  • However, under-subscription, if any, in the QIB Portion will not be allowed to be met with spill-over from other categories or a combination of categories.

  • In the event of under-subscription in the Anchor Investor Portion, the remaining Equity Shares shall be added to the QIB Portion.

  • Upto 30% of the QIB Portion shall be available for allocation to Anchor Investors at the Anchor Investor Issue Price on a discretionary basis and one-third of the Anchor Investor Portion shall be available for allocation to domestic Mutual Funds.

  • The remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to QIBs, subject to valid Bids being received from them at or above the Issue Price.


More Definitions of QIB Portion

QIB Portion means Offer (including the Anchor Investor Portion) being not less than 75% of the Offer which shall be allocated to QIBs (including Anchor Investors), on a proportionate basis, (in which allocation to Anchor Investors shall be on a discretionary basis, as determined by the Company and the Selling Shareholders, in consultation with the BRLMs), subject to valid Bids being received at or above the Offer Price.
QIB Portion means Equity Shares, which shall be available for allocation to QIBs (including Anchor Investors) on a proportionate basis, subject to valid Bids being received at or above the Offer Price;
QIB Portion means the portion of the Issue (including the Anchor Investor Portion) being not less than 75% of the Issue, which shall be Allotted to QIBs (including Anchor Investors) on a proportionate basis, including the Anchor Investor Portion (in which allocation shall be on a discretionary basis, as determined by the Company in consultation with the BRLMs), subject to valid Bids being received at or above the Issue Price;
QIB Portion means the portion of the Issue (including the Anchor Investor Portion) being not more than 50% of the Issue which shall be available for allocation to QIBs (including Anchor Investors), subject to valid Bids being received at or above the Issue Price or Anchor Investor Issue Price;
QIB Portion has the meaning ascribed to such term in the Offer Documents. “RBI” shall mean Reserve Bank of India.
QIB Portion or “QIB Category” shall mean, the portion of the Offer, being not more than 50% of the Offer to be Allotted to QIBs on a proportionate basis, including the Anchor Investor Portion (in which allocation shall be on a discretionary basis, as determined by the Company (acting through the IPO Committee), in consultation with the Book Running Lead Managers, subject to valid Bids having been received at or above the Offer Price);
QIB Portion means the portion of the Issue (including the Anchor Investor Portion) being up to 50% of the Net Issue which shall be allocated on a proportionate basis to QIBs, 5% of which shall be allocated to Mutual Funds;