The proposed SSE-EBP platform aims to provide a standardised mechanism for fundraising, outlining eligible participants (QIBs and non-QIBs excluding foreign entities), issue size thresholds (single or shelf issues of ₹50 lakh or more), and detailed processes for bidding, allotment, and settlement. It also specifies obligations for issuers, participants, Registrars to an Issue (RTAs), and the SSE-EBPs themselves, including KYC verification, anonymous bidding, pay-in through escrow accounts, and consequences for defaults or withdrawals.
The comments/ feedback from stakeholders is invited.