News > Sebi clears slew of norms to tighten IPO process

Sebi clears slew of norms to tighten IPO process

With just days left for the year to end, the Securities and Exchange Board of India (Sebi) on Tuesday cleared rules which will address gaps such as those involving price bands, anchor investor lock-in period, and the quantum of holding a majority shareholder can offload on listing day.

These changes are based on a 16 November discussion paper.