Sebi ready with speed gun on IPO Street
Sebi has prolonged IPO approval to 125 days, affecting 44 IPOs such as Go Digit, Ebix Cash, Asirvad Micro Finance, Waaree Energies, and One Mobikwik Systems. Some approvals took up to 336 days. National Securities Depository's IPO is pending since July 2023. 2018 ICDR norms reduced financial disclosures from five to three years.