Sarbootam cement IPO does an institutional investor get their IPO on hold for 6 months just like a mutual fund

Recently SEBON came up with an initiative that does not allow mutual funds to sell IPOs for 6 six-month period, does this rule apply to institutional investor who holds 24 lakh kitta of sarbottam cement??? If those 24lakhs kitta is on hold for 6 months we could see some more uptrend.