Q. What recent changes have been made by SEBI to norms for public offers through removal of restriction on maximum number of anchor investors on 12th September 2015?- Published on 14 Sep 15a. Present regulation limit of number of anchor investors at 15 if public size issue is below INR 250 crore, can be increased to 25 if issue size is over 250 crore
b. Present regulation limit of number of anchor investors at 16 if public size issue is below INR 250 crore, can be increased to 26 if issue size is over 250 crore
c. Present regulation limit of number of anchor investors at 17 if public size issue is below INR 250 crore, can be increased to 27 if issue size is over 250 crore
d. Present regulation limit of number of anchor investors at 18 if public size issue is below INR 250 crore, can be increased to 28 if issue size is over 250 crore
ANSWER: Present regulation limit of number of anchor investors at 15 if public size issue is below INR 250 crore, can be increased to 25 if issue size is over 250 crore
SEBI has notified relaxed norms for public offers through removal of restriction on maximum number of anchor investors with the aim of raising funds via primary markets. For every additional allocation of INR 250 crore above the base INR 250 crore, there will be 10 additional investors for every increase, subject to minimum allotment of INR 5 crore per anchor investor.
In case of allocation above Rs.250 crore, a minimum of 5 such investors and a maximum of 15 such investors for allocation up to Rs.250 crore and an additional 10 such investors for every additional Rs.250 crore or part thereof, shall be permitted, subject to the minimum allotment
