As of 10 November 2026, in a main-board public issue under the SEBI (ICDR) Regulations, 2018, up to what bid value does an individual bidder count as a retail individual investor?
Question and options
As of 10 November 2026, in a main-board public issue under the SEBI (ICDR) Regulations, 2018, up to what bid value does an individual bidder count as a retail individual investor?
₹5 lakh
₹2 lakh
₹1 lakh
₹10 lakh
Answer and explanation
Correct answer: B - ₹2 lakh
Under regulation 2(1)(vv) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a retail individual investor is an individual who applies or bids for specified securities for a value of not more than ₹2 lakh. ₹1 lakh was the limit under the original 2009 ICDR Regulations, and bids above ₹2 lakh fall in the non-institutional category, whose smaller sub-category runs up to ₹10 lakh.
Find practice for your exam
More solved explanations in Banking, finance, insurance & tax
- Under regulation 301(1) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, which earlier instrument stood rescinded on their commencement?
- The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 rescinded:
- Which of the following is/are the objective(s) behind the enactment of the Securities and Exchange Board of India Act, 1992? (A). To protect the interest of…
- Depository is______
- In a landmark ruling, the Securities, Appellate Tribunal has held that forwarding Companies' financial information on WhatsApp as received from other sources…