Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business
Kumar Gaurav

Sebi proposes market cap-based SME IPO norms, seeks public comments on regulatory overhaul

The Securities and Exchange Board of India (Sebi) has proposed changes to the regulatory framework for initial public offerings (IPOs) by small and medium enterprises (SMEs), including replacing paid-up capital-based eligibility criteria with market capitalisation thresholds.

In its latest consultation paper, the regulator proposed that issuers with post-issue market capitalisation of up to Rs 1,000 crore be required to list on the SME platform. Those with market capitalisation above Rs 1,000 crore and up to Rs 4,000 crore could also opt for the SME platform, subject to additional financial reporting requirements.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.