Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
Summary
This part comprises Chapter I - Preliminary of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, amended upto March 21, 2026, made under section 30 of the SEBI Act, 1992. Regulation 1 provides the short title as the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and that they shall come into force on the sixtieth day from publication in the Official Gazette. Regulation 2(1) defines terms from (a) to (s) including Act, advertisement, anchor investor, ASBA, associate, Board, book building, composite issue, control, convertible debt instrument, convertible security, designated stock exchange, draft letter of offer, draft offer document, employee, financial year, fugitive economic offender, further public offer, general corporate purposes and green shoe option. This part continues the definition of infrastructure sector covering power, petroleum and natural gas, housing, stock exchange and depository services, miscellaneous facilities and board-determined facilities. It defines terms from "initial public offer" in clause (w) to "promoter" in clause (oo) under the SEBI Issue of Capital and Disclosure Requi
Text
These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
They shall come into force on the sixtieth day from the date of its publication in the Official Gazette.
“Act” means the Securities and Exchange Board of India Act, 1992 [15 of 1992];
“advertisement” includes notices, brochures, pamphlets, show cards, catalogues, hoardings, placards, posters, insertions in newspaper, pictures and films in any print media or electronic media, radio, television programme;
“anchor investor" means a qualified institutional buyer who makes an application for a value of at least ten crore rupees in a public issue on the main board made through the book building process in accordance with these regulations or makes an application for a value of at least two crore rupees for an issue made in accordance with Chapter IX of these regulations;
“application supported by blocked amount (ASBA)” means an application for subscribing to a public issue or rights issue, along with an authorisation to self-certified syndicate bank to block the application money in a bank account;
“associate” shall mean a person or any entity which is an associate under sub-section (6) of section 2 of the Companies Act, 2013 or under the applicable accounting standards;
“Board” means the Securities and Exchange Board of India established under the Act;
“book building” means a process undertaken to elicit demand and to assess the price for determination of the quantum or value or coupon of specified securities or Indian Depository Receipts, as the case may be, in accordance with these regulations;
“composite issue” means an issue of specified securities by a listed issuer on public-cum-rights basis, wherein the allotment in both public issue and rights issue is proposed to be made simultaneously;
“control” shall have the same meaning as assigned to it under the Securities and Exchange Board of India (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011;
“convertible debt instrument” means an instrument which creates or acknowledges indebtedness and is convertible into equity shares of the issuer at a later date at or without the option of the holder of the instrument, whether constituting a charge on the assets of the issuer or not;
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Source: SecMarx — Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.