Sebi, investment bankers discuss giving IPO-bound companies more room to revise issue sizes

What happened: Sebi and the Association of Investment Bankers of India are discussing a request to raise the threshold for changing IPO issue sizes before a fresh DRHP is required. No final decision has been made. Key numbers: AIBI proposes moving the fresh-issue threshold from 20% to 50%, matching the OFS threshold. Why it matters: AIBI argues the 20% window is too thin given changing valuations and market conditions, and refiling adds time and cost. Prime Database's Pranav Haldea said relaxation is justified but should be calibrated with adequate disclosure.

Sebi and the Association of Investment Bankers of India are discussing a request to raise the threshold for changing IPO issue sizes before a fresh DRHP is required. No final decision has been made.

AIBI argues the 20% window is too thin given changing valuations and market conditions, and refiling adds time and cost. Prime Database's Pranav Haldea said relaxation is justified but should be calibrated with adequate disclosure.