This report covers IPOs that offered special reservations for individuals or entities who already hold shares of the parent company, promoting company, or listed group company as specified in the IPO Prospectus.
By offering reservations to shareholders, companies reward existing shareholders for supporting the promoter or group company and encourage broader participation in group IPOs. Applying for an IPO under the Shareholders Quota often provides higher chances of allotment because the number of eligible applicants is comparatively lower than the general retail category.
Shareholder reservation portion in an IPO is generally capped at 10% of its issue size. In certain cases, it may be allowed up to 15%, subject to approvals.
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