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Forms for public offer simplified

Last Updated 28 September 2011, 15:09 IST

From November 1 onwards, application-cum-bidding form would be printed in a booklet form of A4 size paper. There will be single form for ASBA (Application Supported by Blocked Amounts) and Non-ASBA applicants as per changed rules.

To ensure uniformity and facilitate easier identification, the form will be white for resident Indian and eligible NRIs applying on non repatriation basis. Eligible NRIs, FIIs and their sub-accounts will have to apply in blue form excluding sub-accounts which are foreign corporates or foreign individuals bidding under QIB portion. As per new rules, signature of only first bidder would be required in case of joint holders.

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(Published 28 September 2011, 15:09 IST)

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