SEBI plans to reduce IPO close & listing day gap to 3-5 days

posted by   ali (67)   7 months ago (invest-n-trade.blogspot.com)

Some good news for the IPO hungry investors, especially the ones who take a loan to apply for an IPO.C B Bhave has joined as the new SEBI chairman, and he is into action straightaway. The latest update from the SEBI chairman is that the time gap between the closure of the IPO and the listing date of the IPO shares will be reduced to only 3 to 5 days.Sources close to the developments said Sebi was a