IPO watch: Companies taking longer to go public after Sebi approval

The stock market regulator usually attempts to respond to IPO documents in 30 days

Companies are taking longer to go public after getting regulatory approval, since the Russia-Ukraine border became militarily active, impacting the global financial world. Initial share sales happened in as few as 40 days when the markets were booming before the Ukraine crisis but this average duration has now increased to 96 days amid market volatility, shows an analysis of data from primedatabase.com.

The S&P BSE Sensex hit an all-time high of 62,245.43 in October 2021 (the index movements are seen to be broadly representative of how the market is doing). It is down 8 per cent since then and closed