SEBI Plans Easier IPO Rules For Big Firms, Proposes Lower Public Offer, Retail Quota
Mumbai: Markets regulator the Securities and Exchange Board of India (SEBI) on Monday released a consultation paper proposing easier rules for very large companies to launch their Initial Public Offerings (IPOs), including relaxed minimum public offer requirements and more time to meet public shareholding norms. Currently, big companies are required to offer a larger portion…