IPO listing will be done in just three days from now, SEBI tightens FPI rules

Sebi changes disclosure rules after Hindenburg’s allegations on Adani Group. This will avoid violation of minimum public shareholding norms. And possible violation of FPI investment rules will be avoided. Apart from this, after the IPO, its listing will also take less time. Earlier listing used to happen in 6 days, now listing will happen in 3 days.