Sebi eases public issue norms; companies can announce price band 2-day before IPO
At present, the price band has to be announced five working days before the initial share sale opens for subscription.
Sep 17, 2018, 18:09 PM ISTBiocon shares gain 3% as arm Syngene gets Sebi nod for IPO
As per the draft papers, the company plans to sell 22 million equity shares, including reservation of up to two million shares for Biocon shareholders, through an offer for sale. Of the total shares on offer, 50 percent has been reserved for qualified institutional buyers, 15 percent for high net worth individuals and the rest for retail investors.
Jun 16, 2015, 12:41 PM IST