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.

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…