Notice No.   20220408-44   Notice Date   08 Apr 2022
Category   Circulars Listed Companies   Segment   Equity
Subject   Revision of UPI limits in Public Issue of Equity Shares and convertibles
Attachments   Revision of UPI limits.pdf ;

Dear Sir\Madam


The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/45 dated April 5, 2022, regarding Revision of UPI limits in Public Issue of Equity Shares and convertibles.


It has been decided by the SEBI that all Individual Investors applying in Public Issues where the application amount is upto 5 Lakhs shall use UPI and shall also provide their UPI ID in the bid-cum-application form submitted with any of the entities mentioned in the circular.


This circular shall come into force for Public Issues opening on or after May 01, 2022.


The aforesaid circular is attached for reference.


All Listed companies are requested to take note and comply accordingly.  



Ashok kumar Singh  
AGM-Listing Compliance 


Nisha Mehta    
Sr. Manager-Listing Compliance


April 8, 2022