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Can a person apply in the non-institutional bidder category of an IPO?

April 26, 2017category IPO non-institutional person

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Can a person apply in the non-institutional bidder category of an IPO?

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Yes an individual investor can apply in Non Institutional Investors category of an IPO. “Individual investors, NRI’s, companies, trusts etc who bid for more then Rs 1 lakhs are known as Non-institutional bidders. They need not to register with SEBI like RII’s.