Section 180: Minimum number of allottees

Q: What does Section 180 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) deal with?

Section 180 ICDR pertains to "Minimum number of allottees". It is part of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 180 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs minimum number of allottees. As verified on 19 May 2026.

Q: Is Section 180 ICDR still in force?

Yes, Section 180 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 180 ICDR?

धारा 180 ICDR is the Devanagari Hindi reference for Section 180 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 180 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs minimum number of allottees. As verified on 19 May 2026.

Q: What is Dhara 180 ICDR?

Dhara 180 ICDR is the Roman Hindi reference for Section 180 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 180 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs minimum number of allottees. As verified on 19 May 2026.

Q: How to cite Section 180 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 180, The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, § 180 (India).

Law on Tips Editorial Board

(1)

The minimum number of allottees for each placement of eligible securities made under this Chapter shall at least be:

(a) two, where the issue size is less than or equal to two hundred and fifty crore rupees;

(b) five, where the issue size is greater than two hundred and fifty crore rupees:

(2)

Qualified institutional buyers belonging to the same group or who are under same control shall be deemed to be a single allottee.

Explanation: For the purpose of sub-regulation (2), the expression "qualified institutional buyers belonging to the same group " shall mean entities where, - (i) any of them controls directly or indirectly, through its subsidiary or holding company, not less than fifteen per cent. of the voting rights in the other; or (ii) any of them directly or indirectly, by itself, or in combination with other persons exercise control over the others; or (iii) there is a common director, excluding nominee and independent directors amongst the investor, its subsidiary or holding company and any other investor.