12. In case of issue through the 100% Book Building Process & Minimum Public shareholding is 25%. 10%** 5%** 10%** 50%* 15%* 35%* *% With respect to the Net offer to the public ** %With respect to the proposed issue Issue Size:100 shares 55 shares 27.5 shares 8.25 shares 19.25 shares 20 shares 25 shares 10 shares 5 shares 10 shares
13. In case of issue through the 100% Book Building Process & Minimum Public shareholding is 10% 10%** 5%** 10%** 60%* 10%* 30%* *% With respect to the Net offer to the public ** %With respect to the proposed issue Issue Size:100 shares 55 shares 20 shares 25 shares 33 shares 5.5 shares 16.5 shares 10 shares 5 shares 10 shares
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16. Book-building v/s Fixed Price Heading Book Building Fixed Price Primary objective Highest market price Widespread distribution Focus Institutional Investors Retail Investors Primary Beneficiary Institutional Investors Retail Public Secondary Market Buyer Retail Investor (Low Appetite) Institutional Investor (Large appetite) Price Determination Demand-based Corporate performance based Pricing Discovered, complicated Fixed, Attractive for Retail Investor Strategic Acquisition Easy (From large Investors) Difficult (from Distributed Investors) Reservation for Retail Investors 35% 50%
17. In a Book Built issue Declines Improves Stock Profile In a Retail Fixed Price Offering Sell To Sell To Retail Institutions Institutions Retail
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21. Promoters Contribution ** Rights issue component of the composite issue shall be excluded while calculating the post-issue capital. Event Promoters contribution Public Issue by Unlisted Companies Not less than 20% of the post-issue capital Offers for Sale Not less than 20% of the post-issue capital Public Issues by Listed Companies Either to the extent of 20% of the proposed issue or post-issue shareholding to the extent of 20% of the post-issue capital. Composite Issues Either 20% of the proposed public issue or 20% of the post-issue capital**
22. Exemption from Promoters Contribution No requirement of Promoter Contribution in case: Where Company is listed for at least 3 years and has a track record of dividend payment for at least 3 immediately Preceding year. Where no identifiable promoter or promoter group exists. Right Issue OR OR