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Thursday, November 24, 2011

SEBI sets minimum allotment for anchor investors

SEBI sets minimum allotment for anchor investorsSEBI sets minimum allotment for anchor investors The Securities and Exchange Board (SEBI) on Thursday set a minimum allotment size of Rs 5 crore (USD 1 million) for issuing shares in an initial public offer to "anchor" or cornerstone investors. The Securities and Exchange Board also set a maximum ... SEBI sets minimum allotment for anchor investors

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