The MINIMUM application size per person under a private-placement offer (other than QIBs) is:

1. Rule 14(2)(a) of the Companies (Prospectus and Allotment) Rules sets the minimum application at Rs 20,000 face value per person. 2. This applies to private-placement offers other than to QIBs. 3. Hence (C). _Source: ICAI BoS CA Inter Paper 2 — Prospectus and Allotment_