Eligibility criteria for a listed company
To make public issue write down the eligibility criteria for a listed company?
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The eligibility criteria that require to be satisfied by the listed company to create a public issue are illustrated below:- i). If the issue size that is a collective combination of firm allotment, offer document, and promoters’ contribution is less than five times its pre issue net worth. ii). The listed company goes throughout the book building procedure and allot sixty% of the issue size to Qualified Institutional Buyers if issue size is more than or equivalent to five times of pre issue net worth.
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