Home >>

News >>

SEBI Proposes Major Changes for SME IPOs: ₹2 Lakh Entry Rule, Lottery for Investors

20 Nov, 2024

SEBI has proposed significant reforms for SME IPOs to enhance transparency and investor protection. Key changes include raising the minimum application size to ₹2 lakh, with an option to increase it to ₹4 lakh, which may exclude retail investors. A lottery system is suggested for oversubscribed IPOs to replace proportional allotment for non-institutional investors. SEBI also aims to cap the Offer-for-Sale (OFS) at 20%, enforce stricter promoter lock-in periods, and mandate monitoring agencies for issues above ₹20 crore. SME IPOs raised ₹6,000 crore in FY24.

Latest News

Amitabh Bachchan Remembers Kamini Kaushal

Amitabh Bachchan mourns the loss of legendary actress Kamini Kaushal, celebrating her remarkable 76-year legacy in Hindi cinema.

Shubman Gill's Neck Spasm: Causes and Risks Explained

Discover the causes of Shubman Gill's neck spasm and when it becomes an emergency. Learn how this affects athletes and the importance of prompt care.

Imran Khan on Art Beyond Investment Recovery

Imran Khan shares insights on measuring art, emphasizing depth over financial success. Discover his thoughts on relationships and storytelling in his comeback film.

Rajinikanth and Balakrishna Honored at IFFI

Celebrate 50 years of Rajinikanth and Balakrishna at IFFI! Discover their impact on Indian cinema and exciting festival highlights.

AWS Meeting Simulator: Elevate Your Workplace Skills

AWS introduces a Meeting Simulator to enhance communication skills and prepare workers for the evolving job landscape. Discover more about this innovative tool!

Revolutionizing Space Mining with Capture Bags

Discover how TransAstra's Capture Bag technology could transform asteroid mining and tackle space debris, paving the way for a new industrial era in space.

Priyanka Chopra Stuns in Ivory at Varanasi Event

Priyanka Chopra shines in a stunning ivory lehenga at the Varanasi Globe Trotter event, captivating fans and husband Nick Jonas.

Tata Trusts Welcomes New Trustees: Neville Tata & Bhaskar Bhat

Neville Tata and Bhaskar Bhat join Tata Trusts as trustees, signaling a new era of leadership and stability in India's business giant.

England's Flawless World Cup Qualifying Journey

England's football team impresses with 8 wins and no goals conceded in World Cup qualifiers. Can they finally win the title in 2026?