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SEBI Proposes More Flexible IPO Lock-In Rules
SEBI wants to ease IPO lock-in rules and simplify offer-document disclosures for better efficiency and clarity.
SEBI has proposed relaxing pre-IPO lock-in norms to simplify the listing process. Under the plan, existing shareholders will still face lock-in, but the regulator wants it to be automatically enforced even if pledged shares are released or invoked.
In addition, SEBI aims to replace the “abridged prospectus” with a streamlined summary of key disclosures — making IPOs more transparent and investor-friendly.