NPSC Prelims 2014 question paper analysis

At a board meeting on Thursday, Sebi doubled the quota for anchor investors within the qualified institutional investors (QIB) portion of public offerings to 60% from the current 30%. pointing out that the issue itself was likely to be more successful with 60% of the QIB portion subscribed even before it opened.
An anchor investor typically is allotted shares one day before the issue opens for subscription but must hold the shares for at least 30 days after the shares are allotted.
The OFS route was introduced in February 2012 as a fast-track mode for sale of shares by promoters and more than 100 companies, including state-owned firms, have sold shares this way, picking up close to R50,000 crore

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