AS expected, the Securities and Exchange Board of India (Sebi) has tightened the regulations governing Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs).
In its Board meeting on Wednesday, the capital market regulator introduced profitability requirements as well as put a cap on shares to be sold through the offer for sale (OFS) route.
SMEs will now be required to have an operating profit of at least ₹1 crore for two out of the last three financial years before filing their DRHP.
Also, the OFS size should not be more than 20% of the total issue size.
Additionally, these shareholders can't sell more than 50% of their total holding through the IPO.
هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Vijayawada.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Vijayawada.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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