SEBI proposes reviewing the pre-open call auction session for IPOs and relisted stocks. This aims to fix existing rules, specifically dummy price bands and base price calculations, which artificially suppress prices. The regulator seeks public feedback to enhance effective price discovery and reduce market distortions.

SEBI proposes reviewing the pre-open call auction session for IPOs and relisted stocks. This aims to fix existing rules, specifically dummy price bands and base price…

SEBI proposes new rules for IPOs and re-listed stocks, enhancing price discovery with revised base price and auction criteria.