The Securities and Exchange Board of India (Sebi) wants to cut the timeline for Initial Public Offers (IPOs) and Follow-on Public Offers (FPO) of equity to four days. The move, if implemented, will see companies close their offerings and list the securities in the same week. It will also attract more investor participation, as their funds will be locked in for a shorter duration. |
http://www.business-standard.com/article/markets/sebi-plans-to-cut-ipo-timeline-to-ju.. |