alleryStart learning →Reg 6(1)(a) needs net tangible assets of at least how much in each of three years?
ARs 5 crore
BRs 1 crore
CRs 3 crore
DRs 15 crore
Answer & Solution
Correct answer: C. Rs 3 crore
The profitability track record route requires at least three crore rupees of net tangible assets in each of the preceding three full years.
Keep practising Public Issue and Capital Raising Rules
Browse all Public Issue and Capital Raising Rules questions for CA Final, or explore more Law topics.
Related questions
Under the Reg 5 Explanation, a past debarment stops barring an IPO when?Reg 183(2)(a): minimum size of an IDR issue?Reg 183(1)(a): an IDR issuer must be listed in its home country for at least?Reg 180: the largest share any single QIP allottee may receive?Reg 180: minimum QIP allottees when the issue is up to Rs 250 crore?Reg 172(3): minimum gap between successive QIPs?Reg 172(1)(b): QIP equity shares must have been listed at least how long?Reg 172(1)(a): QIP allotment must follow the special resolution within?