Question

    An issuer not satisfying the conditions may make an Initial Public Offer if the issue is made through the book-building process and the issuer undertakes to allot, at least of the net offer to public, to qualified institutional buyers

    A 50 Correct Answer Incorrect Answer
    B 75 Correct Answer Incorrect Answer
    C 80 Correct Answer Incorrect Answer
    D 60 Correct Answer Incorrect Answer

    Solution

    As per SEBI guidelines, an issuer company can issue securities to the public though prospectus in the following manner: 75% of the net offer  to the public through book building  process and 25% at the price determined through book building.

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