Sebi to form working group to review mainboard IPO, further public offer norms
SEBI is in focus in an ipo & listings development.
· LiveMint Markets
The working group will review ICDR provisions and deliberate upon the relevant issues, with a view to identify areas that may require review, clarification, rationalization or modification.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
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