NISM Professor

Headroom

Also written Headroom (for IDRs)

The number of IDRs originally issued minus the number outstanding, further adjusted for IDRs redeemed into underlying equity shares.

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series VII
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