Listing time eased for IPOs: SEBI

India Infoline News Service | Mumbai | June 23, 2015 17:05 IST

During the SEBI Board meeting, the SEBI chief UK Sinha outlined the process of E-IPO Norms. The listing time for companies is planned to be reduced to 6 days from the earlier 12 days, from the date of filing. Moreover, the companies with market capital of Rs. 1 lakh crore can avail fast track IPO issuance.

During the SEBI Board meeting, the SEBI cheif UK Sinha outlined the process of E-IPO Norms. The listing time for companies is planned to be reduced to 6 days from the earlier 12 days, from the date of filing. Moreover, the companies with market capital of Rs. 1lakh crore can avail fast track IPO issuance.

All IPO applications will be ASBA supported, said the SEBI chief. Acknowledging the start-up market in India, Sinha said that it will allowed for them to raise funds from the capital market. Moreover, the lock-in period will be reduced to 6 months as against 3 years. 
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.