Sebi introduces new IPO rule to benefit companies and investors
Zee Business Video Team | Updated: August 10, 2023 09:47 PM IST
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.
