Mumbai: The Securities and Exchange Board of India (SEBI) proposes to relieve standards for large companies that want to sell shares through an initial public offer (IPO). The supervisor has recommended to reduce the minimum part of the shares (MPs) that such companies must offer the public in the issue. The proposal would enable entities […]
Markets Regulator Sebi On Monday suggested relaxing the minimum public offer requirements for very large companies and to extend the timeline for them to meet minimum standards for public shareholders. In addition, the supervisor has proposed reducing the costumes in IPO allocations from 35 percent to 25 percent for IPOs of more than RS 5,000 […]