Securities and Exchange Board of India (SEBI) is planning at reducing the time for IPO process from 7 days
Currently the processing time for the IPO is 12 days, which means that those who subscribe to IPOs through ASBA get refund or release of funds on the 12th day from the date of closure of IPO. If the move is effected, then this time is expected to reduce to 7 days
Stay tuned to Indian IPO Blog for latest updates on IPOs
Tuesday, November 23, 2010
IPO process time may reduce to 7 days
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# IPO News
# IPO Updates
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