SEBI QIP, Open Offer and Buyback Advisory — capital-market actions, executed cleanly

QIPs, open offers and buybacks are the three high-impact capital-market actions a listed Indian company will execute — each governed by its own SEBI framework, each carrying specific pricing, disclosure and procedural requirements. Transique advises listed companies and promoter groups on all three — alongside the company’s merchant banker— to drive clean execution within the regulatory envelope.
We sit on the issuer’s side of the table. We coordinate with the merchant banker and manage regulator interactions so that the promoters can stay focused on the business.

• You are executing a QIP — an accelerated institutional-only primary raise.
• You are triggering a mandatory open offer (25% thresholds, 5% creeping) under SEBI SAST Regulations.
• You are executing a voluntary open offer — strategic, competing or defensive.
• You are undertaking a buyback — tender-offer or open-market route — under SEBI Buyback Regulations.
• You received a SEBI or exchange query on a prior capital-market action and need response support.

• QIP — placement-document review, pricing support, institutional-investor communications, SEBI / exchange filings.
• Open Offer — public-announcement drafting, letter-of-offer coordination with SEBI-registered Merchant Banker (Manager to the Offer), SAST-compliant disclosures.
• Buyback — public-announcement, letter-of-offer, escrow-account, settlement through the Stock Exchange mechanism.
• Regulatory liaison — responses to SEBI observations on draft letters and filings.
• Post-closure — settlement, extinguishment of shares (buyback), reporting.
• LODR compliance throughout.

• Structure scoping. Which instrument, which route, which timing.
• Trigger or rationale analysis. For open offers, trigger analysis; for buybacks, purpose and quantum.
• Public announcement, letter of offer, explanatory statement, board-and-shareholder resolutions.
• Regulatory filings. SEBI and exchange submissions with query response.
• Tendering / subscription mechanics; escrow management; settlement.
• Post-closure. Extinguishment, reporting, compliance.

• SEBI ICDR Regulations — QIP provisions (Chapter VI).
• SEBI SAST Regulations — mandatory and voluntary open offers, creeping acquisitions.
• SEBI PIT Regulations – Trading Window implication and possession of UPSI if any.
• SEBI Buyback Regulations — tender offer and open market routes.
• LODR Regulation 30 continuing disclosures.