Wed, Dec 13, 2023
The IPO comprises an entirely fresh issue of up to 75 lakh equity shares, as indicated by the draft red herring prospectus (DRHP) submitted to Sebi, with no component for an offer for sale (OFS).
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Thu, Aug 10, 2023
Sebi has announced a new rule that will reduce the timeline for listing of IPO shares to 3 days. This is a major boost for both companies and investors. The new rule will be implemented on a voluntary basis for IPOs opening on or after September 1, 2023. It will be mandatory for all IPOs opening on or after December 1, 2023.
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