What will be the category of 'private family trust' for applying in IPO ? Retail Bidder or Non-Institutional Bidder ?

asked

  • A private family trust is a succession planning to save the interest of legal heirs. The trustee can be relative, family member, or a professional team depending on the choice of author.
  • Private Family Trust Company can apply for IPO in the non-institutional category.
answered
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What will be the category of 'private family trust' for applying in IPO ? Retail Bidder or Non-Institutional Bidder ?