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Can a loss-making company issue an IPO in India?

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Yes, loss-making companies can issue IPO in India through the QIB route in which they need to allot at least 75% of the Net offer to the Qualified Institutional Buyers and the issue should be through the book-building process.

However, if the prescribed allotment criteria are not, the company is required to refund the entire IPO subscription money to the investors.


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