Sebi May Tighten SME IPO Rules, Consider 50% Institutional Quota And Higher Listing Thresholds
India’s market regulator Securities and Exchange Board of India (Sebi) is considering significant changes to the framework governing small and medium enterprise (SME) public offerings, according to a report by Reuters. The proposals could bring several requirements closer to those applicable to mainboard IPOs. One of the key ideas under consideration is reserving as much as 50% of an SME issue…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
