SEBI Tightens SME IPO Norms, Limits OFS Portion - Here's What's Changed
Capital market regulator, Sebi in a consultation paper released on November 19, reviewed the listing framework of SMEs and made several recommendations.What Does SEBI Suggest?Sebi in this consultation has suggested that the allocation methodology for non-institutional investors should be changed by discontinuing proportionate allotment for the NII category.