Who can apply for QIBs in IPO? WHAT is the rules and regulatin for QIBs ?

As per SEBI followings institutions can apply under the QIB category:

• Mutual Funds
• Venture Capital Investors
• Foreign Venture Capital Investor registered with SEBI
• Foreign Institutional Investor registered with SEBI
• Insurance Funds set up by post dept
• Insurance Funds set up by military forces of India
• National Investment Fund
• Pension Fund (with at least 25 cr corpus)
• Provident Fund (with at least 25 cr corpus)
• Insurance Company
• State Industrial Development Corporation
• Scheduled Commercial Bank
• Bilateral and International Development Financial Institution

Public Financial Institution as mentioned in section 4A of the Companies Act, 1956