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Discussion

An anchor investor is one of the following:

  • A.Non-qualified institutional buyer making application for value of INR 10 crore or more through book-building process
  • B.Qualified Institutional buyer making application for value of INR 10 crore or more through book-building process
  • C.Preferential Institutional Buyer making application for value of INR 10 crore or more through book-building process
  • D.None of the above

Answer: B

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