Capital market regulator Securities and Exchange
Board of India (SEBI) issued listing guidelines
for infrastructure investment trusts (InvITs).
According to SEBI guidelines, public issue of
InvITs will require institutional investors
participation of 75 per cent, while the remaining
25 per cent can be from other investors. Besides,
just like an initial public offering (IPO), InvIT
may allocate up to 60 per cent of the portion
available for allocation to Institutional Investors
to anchor investors.
0 comments:
Post a Comment