Sebi is proposing changes to the price discovery process for IPOs and re-listed shares due to concerns about artificially suppressed prices. The regulator plans to alter the pre-open call auction, introducing a new base price methodology and a more dynamic price band mechanism. These adjustments aim to prevent persistent buying pressure and upper circuit hits seen in re-listed securities.

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.

Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery…

Sebi is proposing changes to the price discovery process for IPOs and re-listed shares due to concerns about artificially suppressed prices. The regulator plans to alter the…