The share of public sector involvement in the sale of ordinary investors have agreed. Especially in these companies to be sold through auctions of equity investors in the retail part of the reserve is to be considered. About capital market regulator Sebi and the Finance Ministry to reserve five per cent is broadly agreed.
Government disinvestment in hopes of better prices offered for sale in several previous cases [Ofs] have adopted the path. 35 PSU disinvestment and 43 thousand crore through this route has been obtained. The investors bid for shares. And a large share of institutional investors in the process of disinvestment more. So, retail investors can not compete with them in terms of the bid. The price at which large institutional investors and retail investors bid bid against him is weak. Therefore, the participation of retail investors in the issue is extremely limited.
Sources in the PSU disinvestment of five per cent of the total equity for retail investors might decide to keep the book. Generally, public issue [IPO and FPO] 35 per cent for retail investors are retained. But there is no such system in Ofs. Retail investors are allowed to invest Rs two lakh such proposals. But 25 per cent for mutual funds and insurance companies are retained. In this case the decision is not yet final. Soon Sebi board will consider this issue and will issue the necessary guidelines.
Government disinvestment in hopes of better prices offered for sale in several previous cases [Ofs] have adopted the path. 35 PSU disinvestment and 43 thousand crore through this route has been obtained. The investors bid for shares. And a large share of institutional investors in the process of disinvestment more. So, retail investors can not compete with them in terms of the bid. The price at which large institutional investors and retail investors bid bid against him is weak. Therefore, the participation of retail investors in the issue is extremely limited.
Sources in the PSU disinvestment of five per cent of the total equity for retail investors might decide to keep the book. Generally, public issue [IPO and FPO] 35 per cent for retail investors are retained. But there is no such system in Ofs. Retail investors are allowed to invest Rs two lakh such proposals. But 25 per cent for mutual funds and insurance companies are retained. In this case the decision is not yet final. Soon Sebi board will consider this issue and will issue the necessary guidelines.
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