SEBI introduces new IPO rules, cuts IPO timeline to 3 days

SEBI introduces the share listing timeline currently from T+6 days to now T+3 days in public issue (IPOs).

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This aims to benefit issuers and investors by providing faster securities allocation and a quicker refund process

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- Voluntary for all public issue opening on or after Sep 01,2023

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The new IPO timelines will also optimize the financial resources of banks, stock exchanges, and brokers

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Reduction in IPO listing time is global first and expects to be glitch free

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