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Sebi asks QIBs to pay 10% margin for IPOs

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Press Trust of India Mumbai
Last Updated : Jan 19 2013 | 8:46 PM IST
 "All QIBs would now be required to provide 10% margin while putting in their bids," M Damodaran, chairman of Sebi, told after the board meeting today.

 Sebi has also introduced specific provisions for allotment of shares to registered mutual funds.

 

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First Published: Aug 26 2005 | 5:39 PM IST

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