Fastrack IPO - List within 12 days

The Securities and Exchange Board of India (SEBI) has said that the Companies coming up with Initial Public Offering (IPO) in the Stock Market shall be required to list their shares within 12 days of the close of the issue as compared to 22 days in the current scenario. The reduction in the time of listing of the shares from the date of closure of the issue shall also resulting the reduction in the risk of investors. This shall lead to a confidence and healthy environment among investors regarding the IPO's.