New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following issues of securities shall be

    made through the EBP platform (Electronic Book Provider)?
    A A private placement of debt securities and NCRPS as per the provisions of SEBI NCS Regulations, 2021, if it is a single issue (with green shoe option) of 100 crores or more Correct Answer Incorrect Answer
    B Issues of debt securities and NCRPS on private placement basis, irrespective of issue size, by issuers who are in existence for less than three years Correct Answer Incorrect Answer
    C The issuance of PDIs, PNCPS, PCPS, RNCPS, and instruments of similar nature which are essentially non-equity regulatory instruments, forming part of a bank’s or NBFC’s capital, with a minimum issue size of 50 crores Correct Answer Incorrect Answer
    D Only a and b Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    The following issues of securities shall be made through the EBP platform: ·         A private placement of debt securities and NCRPS as per the provisions of SEBI NCS Regulations, 2021, if it is: a) a single issue, inclusive of green shoe option, if any, of Rs. 50 crore or more b) a shelf issue, consisting of multiple tranches, which cumulatively amounts to Rs.50 crore or more, in a financial year; and c) a subsequent issue, where aggregate of all previous issues by an issuer in a financial year equal or exceeds Rs. 50 crore. ·         Issues of debt securities and NCRPS on private placement basis, irrespective of issue size, by issuers who are in existence for less than three year ·         The issuance of PDIs, PNCPS, PCPS, RNCPS, and instruments of similar nature which are essentially non-equity regulatory instruments, forming part of a bank’s or NBFC’s capital irrespective of the issue size. ·         An issuer, if desirous, may choose to access EBP platform for private placement of municipal debt securities or CPs or CDs also. ·         Issuers of debt securities and NCRPS on private placement basis of issue size less than Rs. 50 crore may also choose to access the EBP platform for such issuances.

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