Sebi chief Tyagi to meet investment bankers over primary market reforms
On the cards: Higher quotas for mutual funds in IPOs, CPSE ETF under IPOs, reducing IPO timeline
Samie Modak
Mumbai, 6 April
The Securities and Exchange Board of India (Sebi) is readying the ground for another lot of changes in the primary market.
Higher reservations for mutual funds (MFs) in Initial Public Offers of equity (IPOs), bringing the CPSE exchange-traded fund (ETF) under the IPO fold, further tweaks to the anchor investor allotment process, besides a shorter IPO time frame, are some of these being considered.
Ajay Tyagi, the new Sebi