Sebi will reduce IPO listing time from 21 to 7 days in 6 months
Primary market reforms are on top of the agenda of India’s capital market regulator Chandrasekhar Bhaskar Bhave. He wants to kick off the exercise by cutting down the time between a company’s public issue and the listing of its stock from 21 to seven days. He also wants to iron out glitches in Sebi’s investigation and legal wings and make sure that involved parties are heard before any judgment is passed. In his first interview after taking over as Sebi chairman on 17 February, Bhave, sets out his agenda for reforms.
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[...] Reduces Posted by admin April 18, 2008 As you know, India’s capital markets regulator will reduce the IPO listing time from 21 days to seven days and this will be a significant blow to bankers to the share sales who [...]