000890381 000__ 05567cam\a2200541Ii\4500 000890381 001__ 890381 000890381 005__ 20230306150059.0 000890381 006__ m\\\\\o\\d\\\\\\\\ 000890381 007__ cr\cn\nnnunnun 000890381 008__ 190513s2019\\\\gw\\\\\\ob\\\\001\0\eng\d 000890381 019__ $$a1103911923$$a1105172185 000890381 020__ $$a9783030127565$$q(electronic book) 000890381 020__ $$a3030127567$$q(electronic book) 000890381 020__ $$z9783030127558 000890381 0247_ $$a10.1007/978-3-030-12756-5$$2doi 000890381 0247_ $$a10.1007/978-3-030-12 000890381 035__ $$aSP(OCoLC)on1101120670 000890381 035__ $$aSP(OCoLC)1101120670$$z(OCoLC)1103911923$$z(OCoLC)1105172185 000890381 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dN$T$$dEBLCP$$dUKMGB$$dUPM$$dYDXIT$$dOCLCF$$dLQU 000890381 043__ $$aa-ii--- 000890381 049__ $$aISEA 000890381 050_4 $$aHG187.I4$$bV45 2019 000890381 08204 $$a332.6$$223 000890381 1001_ $$aVeluvali, Parimala,$$eauthor. 000890381 24510 $$aRetail investor in focus :$$bthe Indian IPO experience /$$cParimala Veluvali. 000890381 264_1 $$aCham, Switzerland :$$bSpringer,$$c[2019] 000890381 300__ $$a1 online resource :$$billustrations. 000890381 336__ $$atext$$btxt$$2rdacontent 000890381 337__ $$acomputer$$bc$$2rdamedia 000890381 338__ $$aonline resource$$bcr$$2rdacarrier 000890381 347__ $$atext file$$bPDF$$2rda 000890381 4901_ $$aAdvances in theory and practice of emerging markets 000890381 504__ $$aIncludes bibliographical references and index. 000890381 5050_ $$aIntro; Preface; Acknowledgements; Contents; List of Figures; List of Tables; Chapter 1: Retail Investors in Indian IPOs: The Context; Chapter 2: Retail Investor Participation and Protection in the Context of IPOs: A Review of Extant Literature; Chapter 3: Legal Framework and Governing Design for IPOs in India; 3.1 Introduction; 3.2 Key Legislations Governing IPOs in India; 3.3 Primary Market Regulation Under the Realm of the Controller of Capital Issues; 3.4 Eligibility for IPO Under CCI; 3.5 The Setting Up of SEBI; 3.6 Market Regulation Under SEBI 000890381 5058_ $$a3.7 Significant Policy Changes in the Eligibility Norms for IPO-Bound Companies3.7.1 Disclosure and Investor Protection (DIP) Guidelines, SEBI (1992); 3.7.2 The Advent of Book Building; 3.7.3 Growing Stringency in the Eligibility Norms; 3.7.4 Easing of the IPO Norms; 3.7.5 Appraisal of the Issue by Financial Institutions; 3.7.6 Additional Eligibility Parameters in the SEBI (DIP) Guidelines; 3.7.7 Introduction of Margin Requirements for QIBs; 3.7.8 Introduction of IPO Grading; 3.7.9 Application Supported by Blocked Amount (ASBA) 000890381 5058_ $$a3.7.10 SEBI (Issue of Capital Disclosure Requirement) Regulations, 20093.7.11 Level Playing Field Across Investor Categories; 3.7.12 Eligibility Norms Further Tightened; 3.8 General Qualifiers for IPO-Bound Companies; 3.9 Present Eligibility Norms for IPO-Bound Companies Under SEBI (ICDR), 2018; 3.10 Pricing Mechanism and Price Discovery; 3.11 Book Building Procedure; 3.12 Pricing Under the Fixed Price Method; 3.13 Differential Pricing; 3.14 Promoter's Contribution and Allied Provisions; 3.15 Norms for Minimum Public Shareholding and the Regulatory Interventions 000890381 5058_ $$a3.16 Allocation to Various Categories of Investors in an Issue3.17 Allocation in Case of Issue Through Other than Book Building; 3.18 Allocation to Anchor Investors; 3.19 General Framework for Rejection of Offer Documents; 3.20 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Provisions of the Listing Agreement as a Means to Safeguarding Investor Protection; 3.21 Legal Framework for the Issue Process; 3.22 Key Intermediaries in the IPO Process; 3.23 Issue Process for the Investor; 3.24 Conclusion; References 000890381 5058_ $$aChapter 4: Primary Market Transformation: The Net Effect of Reforms4.1 Primary Markets in Their Rudimentary Form; 4.2 Improvements in the Trading Mechanism; 4.3 Demutualization and Corporatization of Stock Exchanges; 4.4 Dematerialization of Shares; 4.5 No Frills Demat Account for Small Investors; 4.6 Improvements in the Quality of Offerings; 4.7 Enhanced Transparency for IPO-Bound Companies; 4.8 Monitoring the IPO Proceeds; 4.9 Rationalization of the Issue Process and Reduction in the Timelines; 4.10 Greater Accessibility to IPOs for Retail Investors 000890381 506__ $$aAccess limited to authorized users. 000890381 520__ $$aThis book focuses on the regulatory aspect of retail investor protection in the context of Initial Public Offerings (IPOs) in the Indian securities market. The book captures the salient policy changes that have transformed the IPO markets in India from their rudimentary structure at their present advanced structure. While primary markets reforms in India have been an ongoing endeavor, there has been a renewed emphasis in the recent past on reforming the market keeping the retail investors in focus. Greater retail participation is the intended objective of the reforms agenda. The book assesses retail participation in all the IPOs that have been floated between the period 2012-2017 in terms of their subscriptions, size of investment and quantum of applications. The book also provides a concise overview of the significant legislative developments that have been enacted keeping the retail investor in focus. 000890381 588__ $$aDescription based on online resource; title from digital title page (viewed on June 19, 2019). 000890381 650_0 $$aIndividual investors$$zIndia. 000890381 77608 $$iPrint version: $$z9783030127558 000890381 830_0 $$aAdvances in theory and practice of emerging markets. 000890381 852__ $$bebk 000890381 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-030-12756-5$$zOnline Access$$91397441.1 000890381 909CO $$ooai:library.usi.edu:890381$$pGLOBAL_SET 000890381 980__ $$aEBOOK 000890381 980__ $$aBIB 000890381 982__ $$aEbook 000890381 983__ $$aOnline 000890381 994__ $$a92$$bISE