Try GOLD - Free
Sebi tightens norms for SME IPOs
The New Indian Express Mysuru
|December 19, 2024
Tighter norms include higher profitability threshold, lower cap on OFS proceeds for listing
AS expected, the Securities and Exchange Board of India (SEBI) has tightened the regulations governing Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs). In its Board meeting on Wednesday, the capital market regulator approved tighter norms, including a higher profitability threshold, a lower cap on OFS proceeds, among others, for MSMEs looking to list shares in the SME platforms of exchanges.
SMEs will now be required to have an operating profit of at least ₹1 crore for two out of the last three financial years before filing their DRHP. This stricter criterion is intended to ensure that only financially sound companies can access public markets.
This story is from the December 19, 2024 edition of The New Indian Express Mysuru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mysuru
The New Indian Express Mysuru
Time for quick reset in India’s policies: Expert
UNITED States Commerce Secretary Howard Lutnick claimed the US-India trade deal has stalled because Prime Minister Narendra Modi did not call President Trump, adding uncertainty to the much-anticipated agreement.
2 mins
January 11, 2026
The New Indian Express Mysuru
C'garh agri sector posts robust growth in 2 years; food grains, pulses stay firm
THE agriculture sector in Chhattisgarh remains strong as the backbone of the state showing steady and inclusive growth over the past two years, officials said on Saturday.
1 mins
January 11, 2026
The New Indian Express Mysuru
GREENLAND, GENGHIS & RETURN OF MIGHT
YOU have to hand it to Donald Trump: he doesn’t beat about the bush.
3 mins
January 11, 2026
The New Indian Express Mysuru
Sergio Gor, Trump’s man in India for turbulent times, reaches Delhi
SERGIO
1 min
January 11, 2026
The New Indian Express Mysuru
WHY WASHINGTON NEEDS TO CALL DELHI
GREAT nations rarely fall to foreign invasion.
4 mins
January 11, 2026
The New Indian Express Mysuru
PM asks forces to firm up gains in Naxal areas with policy shift
ENCOURAGED by diminishing cases of Left-Wing-Extremism (LWE) related violence, sources said that Prime Minister Narendra Modi, during the recently held DGP/IGP conference in Chhattisgarh, directed officials tomake a decisive shift in strategy from ‘armed action’ against violent elements to ‘unfolding welfare and developmental initiatives’ in the previosuly Naxal dominated districts.
2 mins
January 11, 2026
The New Indian Express Mysuru
States oppose changes in MGNREGA in pre-Budget meet
STATES have vehemently opposed the proposed changes in MGNREGA, and called for more fiscal space during a pre-Budget consultation chaired by Union Finance Minister Nirmala Sitharaman on Saturday.
1 mins
January 11, 2026
The New Indian Express Mysuru
Can Shubman Gill in the blanks?
Batter has been subdued in recent times & will be hoping to regain mojo in ODI series vs NZ
3 mins
January 11, 2026
The New Indian Express Mysuru
A Portrait Framed in Awe
A deeply conflicted reading of a long-awaited Gulzar biography—where devotion overwhelms discovery, and the translation outshines
3 mins
January 11, 2026
The New Indian Express Mysuru
Self-reliance is mantra for country’s prosperity: Shah
EMPHASISING the need to promote ‘Swadeshi’ and ‘Swabhasha,’ Union Home Minister Amit Shah on Saturday exhorted people to use local products and converse in one’s mother tongue at home.
1 mins
January 11, 2026
Listen
Translate
Change font size