{"id":4255,"date":"2023-03-14T07:06:08","date_gmt":"2023-03-14T07:06:08","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/reservation-on-competitive-basis\/"},"modified":"2023-03-14T07:06:08","modified_gmt":"2023-03-14T07:06:08","slug":"reservation-on-competitive-basis","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/reservation-on-competitive-basis\/","title":{"rendered":"Reservation on Competitive Basis"},"content":{"rendered":"<p>\nAn IPO has many categories of investors that are eligible to subscribe to the company shares based on the reservation of such categories. A company can also make reservations in the IPO on a competitive basis.<\/p>\n<p>As per the regulations under SEBI, a company that is planning to come up with an IPO can set up reservations on a competitive basis out of the total issue size after excluding the promoters\u2019 contribution.<\/p>\n<h2>For whom is Reservation On Competitive Basis applicable?<\/h2>\n<p>This offer can be made to the following entities:<\/p>\n<p>a. Employees of the issuer company<br \/>\nb. Existing shareholders of promoting companies (in case of new company)<br \/>\nc. Shareholders of existing group companies (in case of existing companies)<br \/>\nd. Persons associated with the issuer in the nature of depositors, bondholders, etc. as notified under SEBI regulation.<br \/>\ne. Other entities including Indian Mutual Funds, Foreign Institutional Investors, Indian and Multilateral development Institutions, and Scheduled Banks<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>An IPO has many categories of investors that are eligible to subscribe to the company shares based on the reservation of such categories. A company can also make reservations in the IPO on a competitive basis. As per the regulations under SEBI, a company that is planning to come up with an IPO can set [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4255","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4255"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4255\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}