SEBIs new IPO listing timeline: Faster allocation, quicker refunds

SEBI has reduced the IPO listing timeline from 6 days to 3 days, a global first! This move will benefit issuers and investors by providing faster securities allocation and quicker refund processing. The revised timeline will be implemented in two phases: voluntary for public issues opening on/after Sep 1, 2023 and mandatory from December 1, 2023.