Sebi Eases IPO Norms for Cos, Tweaks MPS Timeline

Sebi Clears Raft of Measures to Boost Market Participation, Clears Single Window Gateway for Low-Risk Foreign Investors

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Stock market regulator Sebi on Friday decided to relax initial public offering (IPO) rules for very large companies and also extend the timeline by up to 10 years for them to meet minimum public shareholding (MPS) norms.

The move is expected to benefit mega IPOs including that of Reliance Jio Infocomm and the National Stock Exchange (NSE).