Key Points
The floor price is fixed as Rs 1,161 per share, which is nearly 7% discount to the last closed price...
While placing their bids on May 18, non-retail investors may indicate their willingness to carry forward their unallotted bids to T+1 day for allocation to them, in the unsubscribed portion of retail category...
A minimum of 25% of the offer shares will be reserved for mutual funds and insurance companies, subject to receipt of valid bids at or above the floor price...
In the event of any under subscription by mutual funds and insurance companies, the unsubscribed portion will be available to other bidders in the non-retail category...
The exchanges will decide the quantity of offer Shares eligible to be considered in the retail portion, based on the floor price...
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