SEBI revises IPO anchor investor rules to enhance participation
pre-market1 source ↓written by the desknot a recommendation
- total reservation
- 33% to 40%
- This includes
- 33% for mutual funds
- has risen
- ₹250 cr
- has risen
- 10 to 15
The Securities and Exchange Board of India (SEBI) has revamped the share-allocation framework for anchor investors in IPOs, increasing the total reservation from 33% to 40%. This includes 33% for mutual funds and 7% for insurers and pension funds. If the latter remains unsubscribed, it will be reallocated to mutual funds. Additionally, the number of anchor investors for IPOs above ₹250 cr has risen from 10 to 15.
This move aims to broaden participation from domestic institutional investors, potentially increasing demand in upcoming IPOs and enhancing market liquidity.
Not investment advice. For informational purposes only.