You are here

India regulator proposes to ease rules for start-up IPOs

Monday, March 30, 2015 - 22:04

[MUMBAI] India's stock market regulator, in a discussion paper aimed at making it easier for start-ups to list at home, has proposed reducing the lock-in period for initial public offerings to six months for all shareholders.

Earlier, the lock-in period varied from one to three years depending on the category of investor.

The recommendations were part of proposals issued on Monday by Securities and Exchange Board of India, which asked for responses by April 20.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom