Sebi speeds up IPO nod with Al help

The Securities and Exchange Board of India (Sebi) is speeding up clearances of initial public offerings (IPOS), boosting an already-strong pipeline of share sales that could hit a record this year, regulatory and investment banking sources said. Sebi will try to approve a majority of the IPOs within three months of filing, the sources said. “In a market that is overcrowded with issuers wanting to catch the right window to list, Sebi’s approach in recent times has helped ease the pressure’ said Madhurima Mukherjee Saha, Partner at JSA Advocates & Solicitors. Read more