Thursday 31 December 2015

​IPO market to see healthy growth in 2016: ​Sebi Chairman UK Sinha

"You might have noticed that the time taken by Sebi in providing its observations has come down substantially," Sinha said.


Securities and Exchange Board of India chairman UK Sinha expects the market for initial public offering to be robust in 2016, helped by the regulator's initiatives such as allowing companies to launch IPOs in an electronic form. 
"You might have noticed that the time taken by Sebi in providing its observations has come down substantially," Sinha said.
The e-IPO rules will come into effect January 1.

Under these, applications for shares from all types of investors have to be supported by a bank account. 

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