Current Affairs · Banking and Capital Markets

An Indian company is planning to raise capital through a Qualified Institutional Placement (QIP). Evaluate the following regulatory requirements prescribed by the Securities and Exchange Board of India (SEBI): I. The shares issued through QIP must be fully paid-up, and there is no minimum pricing restriction, allowing the issuer to offer shares at a significant discount to the prevailing market price to attract Qualified Institutional Buyer s (QIBs). II. QIP is permitted only for companies that are already listed on a recognized stock exchange in India and have an average daily trading volume above a specified threshold over the preceding six months. III. The shares issued under QIP are subject to a lock-in period of one year from the date of allotment for all Qualified Institutional Buyers (QIBs) who are allotted shares. Which of the above statements is/are correct?