Section 287: Allocation and allotment

Q: What does Section 287 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) deal with?

Section 287 ICDR pertains to "Allocation and allotment". It is part of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 287 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs allocation and allotment. As verified on 19 May 2026.

Q: Is Section 287 ICDR still in force?

Yes, Section 287 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 287 ICDR?

धारा 287 ICDR is the Devanagari Hindi reference for Section 287 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 287 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs allocation and allotment. As verified on 19 May 2026.

Q: What is Dhara 287 ICDR?

Dhara 287 ICDR is the Roman Hindi reference for Section 287 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 287 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR) governs allocation and allotment. As verified on 19 May 2026.

Q: How to cite Section 287 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 287, 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, § 287 (India).

Law on Tips Editorial Board

(1)

The number of allottees in the initial public offer shall at least be [fifty] [Substituted 'two hundred' by Notification No. SEBI/LAD-NRO/GN/2019/08, dated 5.4.2019 (w.e.f. 11.9.2018).].

(2)

[The allotment to institutional investors as well as non-institutional investors shall be on a proportionate basis.] [Substituted by Notification No. SEBI/LAD-NRO/GN/2019/08, dated 5.4.2019 (w.e.f. 11.9.2018).]

(a) seventy-five per cent to institutional investors:

(b) twenty-five per cent to non-institutional investors

(3)

[] [Renumbered '(6)' by Notification No. SEBI/LAD-NRO/GN/2019/08, dated 5.4.2019 (w.e.f. 11.9.2018).] Any under-subscription in the non-institutional investor category shall be available for subscription under the institutional investors' category.