Promoter lock-in
The minimum contribution is locked in for 18 months from IPO allotment, or 3 years where the majority of proceeds excluding any offer for sale portion is to fund capital expenditure.
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.
Where this is taught
Free preparation for NISM Series II-A← All terms