Street signs: IPO clearances may get delayed, Federal-Mogul stock & more

Analysts said total investments to provide tap water connections could be above Rs 1 trillion every year till FY24

Topics
IPO market | Indian markets | Investments

Samie Modak & Sundar Sethuraman 

IPO clearances may get delayed The time taken by market regulator Securities and Exchange Board of India (Sebi) to issue final observation on initial public offering (IPO) documents is likely to increase from an average of two months to more than three months, said industry participants. The reason being the record number of filings during April-May coupled with restrictions. “At present, over two dozen offer documents are being processed by Sebi.

Some delay is inevitable. A lot will also depend on how early the firms and the bankers are able to respond to Sebi’s ...

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First Published: Sun, June 06 2021. 21:11 IST
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