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Sebi extends special dispensations given to firms wanting to go public

The regulator has said the validity of Sebi observations for initial public offerings (IPOs) expiring between October 1, 2020 and March 31,2021 will be extended till March 31, 2021

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Also, Sebi has allowed companies to alter their fresh issue size by up to 50 per cent till March 2021 without the need for refile

Samie Modak Mumbai

1 min read Last Updated : Sep 30 2020 | 3:14 AM IST

The Securities and Exchange Board of India (Sebi) has extended the special dispensations given to companies wanting to go public.

The regulator has said the validity of Sebi observations for initial public offerings (IPOs) expiring between October 1, 2020 and March 31,2021 will be extended till March 31, 2021.

Sebi’s observation for IPOs is valid for a period one year. As a result, a company which received a final Sebi observation, for instance in November, 2019, has to come out with an IPO by November 2020, otherwise it has to refile its offer document.

However, now such a company will

Topics : Sebi initial public offerings IPOs

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