Sebi might cut listing time to 3 days from IPO, against 6 days at present

Earlier, it was envisaged that timeline would be cut to four days

The Securities and Exchange Board of India (Sebi) plans to reduce the time taken for a security to list on an exchange to three days from the date of closure of its initial public offer (IPO), instead of the earlier envisaged timeline of four days.

At present, public issues take six days — termed T+6 — to list after closing for a subscription. Reducing the listing timeline to T+3 days would, feel experts, help reduce the impact of market volatility.

On January 1, 2016, Sebi had brought down the time taken for listing of shares to six days, from the earlier 12 days. Investors