Sebi's new free float norms and what it means for LIC IPO: Explained

Why are free float shares important? What is the free float requirement for newly listed companies? How and who will the Sebi move benefit? In this podcast, we explained Sebi's new free float norms

1 min read Last Updated : Feb 18 2021 | 3:08 PM IST

The Securities and Exchange Board of India (Seb) has eased the listing norms for large companies. The regulator said large companies can now divest a minimum 5 per cent in the IPO, instead of 10 per cent.

How and who will the Sebi move benefit? In this podcast, Business Standard's Samie Modak explains in detail the impact of the Sebi decision and what it means for the LIC IPO