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Reg 6(2): a non-qualifying issuer must allot what share of net offer to QIBs?

A90 per cent
B60 per cent
C75 per cent
D50 per cent
Answer & Solution
Correct answer: C. 75 per cent
An issuer failing Reg 6(1) can list only by undertaking to allot at least seventy five per cent of the net offer to qualified institutional buyers.
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