{"version":"1.0","provider_name":"","provider_url":"https:\/\/zerodha.com\/varsity","title":"What is Hard and Soft Underwriting? &#8211;","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"LZZAmKaKdt\"><a href=\"https:\/\/zerodha.com\/varsity\/what-is-hard-and-soft-underwriting\/\">What is Hard and Soft Underwriting?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/zerodha.com\/varsity\/what-is-hard-and-soft-underwriting\/embed\/#?secret=LZZAmKaKdt\" width=\"600\" height=\"338\" title=\"&#8220;What is Hard and Soft Underwriting?&#8221; &#8212; \" data-secret=\"LZZAmKaKdt\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/zerodha.com\/varsity\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"In May 2023, SEBI amended regulations [notification] to allow hard underwriting for IPOs in India. Before we lay out the difference between hard and soft underwriting, let us first understand what underwriting means.\u00a0\u00a0 The company launching an IPO can pay the underwriters a fee to ensure the IPO does not fail. In case of inadequate [&hellip;]","thumbnail_url":"https:\/\/zerodha.com\/varsity\/wp-content\/uploads\/2023\/11\/Blog-3-1.png"}