SEBI has reduced the filing fee for filing offer documents of public issues and mutual funds, a move that will benefit common investors.
As per the notification, the fee for filing offer documents for public issue will range from Rs 25,000 to Rs 3 crore depending upon the size of the issue.
- Flat Fee of Rs 25,000 will be charged for public issues less than or equal to Rs 10 crore
- Fee of 0.125% of the offer will be charged for the issue of more than Rs 10 crore but less than or equal to Rs 1,000 crore
- Fee of Rs 1.25 crore will be charged in addition to 0.03125% – for more than Rs 1,000 crore but less than or equal to Rs 5,000 crore issue
- Flat Fee of Rs 3 crore will be charged for issues more than Rs 5,000 crore.
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