SEBI

SEBI Eased Norms of Minimum Public Offerings Ahead of Mega LIC IPO

SEBI has decided to recommend changes in regulations, and for issuers with post-issue market capital exceeding Rs 1 lakh crore, the requirement of minimum public offering (MPO) will be reduced from 10 per cent of post-issue market capital to Rs 10,000 crore along with 5 per cent of the incremental amount beyond Rs 1 lakh crore.