Sebi's Pilot Platform: Streamlining Pre-IPO Trading
Sebi plans to launch a pilot platform for trading shares of pre-IPO companies. Announced by Chairman Tuhin Kanta Pandey, the platform aims to enhance transparency and reduce friction in fundraising processes, creating a regulated environment for trading in the interim period between IPO allotment and listing.
- Country:
- India
Sebi, the markets regulator, is considering the launch of a regulated platform for pre-IPO companies to trade shares, as announced by Chairman Tuhin Kanta Pandey on Thursday.
This groundbreaking initiative, to be tested on a pilot basis, aims to address informational gaps that hinder investors from making informed decisions before an IPO listing. The move could significantly streamline the fundraising process by removing unnecessary obstacles and refining investor onboarding.
The pilot platform is intended to provide a regulated alternative to the current unregulated grey market, allowing trades to take place in the critical three-day window between IPO allotments and official market listings.
(With inputs from agencies.)
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