Sebi proposes changes to pre-open listing session of IPOs for better price discovery Capital markets regulator Sebi has proposed a review of the price discovery mechanism used during the pre-open call auction session for IPOs and relisted stocks, following concerns that existing rules may be artificially suppressing prices and distorting trading activity.
In a consultation paper released on Tuesday, Sebi said it is seeking public comments on proposed changes to the Call Auction Session framework used on the listing or relisting day of stocks.
