Fill This Form To Receive Instant Help
Homework answers / question archive / In a QIP, the following are possible: (a) A large FPI negotiates to get shares at less than SEBI price but with lock-in
In a QIP, the following are possible:
(a) A large FPI negotiates to get shares at less than SEBI price but with lock-in.
(b) The company fixes a Reserve Price less than the SEBI price but with a condition that the investor has to take a minimum of 20% of the offer.
(c) The company proposes a convertible with a conversion price to be fixed at the time of conversion falling 72 months after the allotment.
(d) The company proposes a convertible with a conversion price to be fixed on the conversion date falling 60 months after the allotment.
(e) The company proposes a convertible with a conversion price to be fixed within 12 months from the date of the shareholders’ consent.