Section 90: Allotment procedure and basis of allotment

Q: What does Section 90 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SICDRR) deal with?

Section 90 SICDRR pertains to "Allotment procedure and basis of allotment". It is part of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SICDRR) governs allotment procedure and basis of allotment. As verified on 22 May 2026.

Q: Is Section 90 SICDRR still in force?

Yes, Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 90 SICDRR?

धारा 90 SICDRR is the Devanagari Hindi reference for Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SICDRR) governs allotment procedure and basis of allotment. As verified on 22 May 2026.

Q: What is Dhara 90 SICDRR?

Dhara 90 SICDRR is the Roman Hindi reference for Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 90 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SICDRR) governs allotment procedure and basis of allotment. As verified on 22 May 2026.

Q: How to cite Section 90 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 90, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SICDRR)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, 2018, § 90 (India).

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(1)

The issuer shall not make any allotment in excess of the specified securities offered through the letter of offer.

(2)

Allotment shall be made in the following manner:

(3)

The authorised employees of the designated stock exchange along with the lead manager(s) and registrars to the issue shall ensure that the basis of allotment is finalised in a fair and proper manner as may be prescribed by the Board.