×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 23 April, 2020

  • 2 Min Read

SEBI eases norms on IPO, rights issues

SEBI eases norms on IPO, rights issues

What’s in News?

The Securities and Exchange Board of India (SEBI) has relaxed certain regulatory requirements related to rights issues and initial public offers (IPOs) to make it easier for companies to raise funds at a time when the COVID-19 pandemic has made the secondary markets increasingly volatile.

Details:

  • SEBI has said that any listed entity with a market capitalisation of at least? 100 crore can use the fast-track route for the rights issues.
    • Earlier, the base limit was set at? 250 crore for such offerings.
  • Any company that has been listed for 18 months can raise funds through a fast track rights issue.
    • The earlier eligibility was set at three years.
  • The minimum subscription requirement to make the issue successful has been lowered from the earlier 90% of the offered size to 75% of the issuance.
  • Issuers have been allowed to amend the issue size by up to 50%, up from the current 20% — without the requirement of filing a fresh draft offer document.
  • SEBI has also extended the validity of its observations issued on draft documents by six months for issuers whose observations have expired or will expire between March 1 and September 30.
    • SEBI issues final observations on IPO draft documents after which the company has one year to launch the public issue.

Source: TH


India–Azerbaijan

A year after tensions arising from Operation Sindoor, India and Azerbaijan have taken steps to restore and normalise bilateral relations. The 6th round of Foreign Office Consultations, held in Baku, marked the first such engagement since 2022, signaling renewed diplomatic momentum. Recent Diplomatic Engagement During the consultations, bo

India–Australia Economic Cooperation and Trade Agreem

The India–Australia Economic Cooperation and Trade Agreement has completed four years since its signing. Both countries now aim to build on this progress through strengthened collaboration and ambitious targets, including reaching AUD 100 billion in bilateral trade by 2030. What is the India–Australia Economic Cooperation and Tra

ADR Report on Political Funding

A recent report by the Association for Democratic Reforms (ADR) analyses donations of ?20,000 or more declared to the Election Commission of India (ECI) by national political parties for FY 2024–25, highlighting transparency and accountability in political financing. Key Findings Massive Funding Surge Total donations to nationa

Maritime Chokepoints

Maritime chokepoints are narrow channels along global shipping routes where maritime traffic is concentrated. These points are geopolitically and economically critical, as they handle a large proportion of global trade, especially energy shipments. Current Relevance Over two-thirds of seaborne energy trade passes through a handful o

US-Israel-Iran War

Following the launch of Operation Epic Fury (U.S.) and Operation Roaring Lion (Israel), the geopolitical landscape has shifted fundamentally with the confirmed death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.Iran retaliated through Operation True Promise 4, launching missile attacks against Israel and nearby Gulf states. The escala

DNA

05 Apr,2026

Toppers

Search By Date

Newsletter Subscription
SMS Alerts

Important Links

UPSC GS Mains Crash Course - RAW