Home / Business and Economy / SEBI Revamps Listing Rules, Promises Clarity on NSE IPO
SEBI Revamps Listing Rules, Promises Clarity on NSE IPO
17 Nov
Summary
- SEBI begins review of Listing Obligations and Disclosure Requirements (LODR) regulations
- SEBI chief says clarity on NSE IPO No Objection Certificate (NoC) will be provided soon
- IPOs evolving to focus more on providing exits for existing investors
As of November 17, 2025, the Securities and Exchange Board of India (SEBI) has begun the process of reviewing and potentially revising its Listing Obligations and Disclosure Requirements (LODR) regulations. SEBI Chairperson Tuhin Kanta Pandey stated that this is a significant undertaking and will involve extensive consultations with stakeholders before a final decision is made.
Pandey also addressed the issue of the No Objection Certificate (NoC) for the National Stock Exchange's (NSE) initial public offering (IPO), indicating that clarity on this matter will be provided at the appropriate time. This suggests that the regulator is actively working to resolve any outstanding concerns related to the NSE's much-anticipated public listing.
Furthermore, Pandey commented on the evolving nature of IPOs, noting that they are increasingly serving purposes beyond just fundraising. He explained that many well-established companies are now using IPOs as a means to provide exit opportunities for existing investors, as a premium has already been created. At the same time, Pandey emphasized that SEBI's broader approach is to allow for diversity in the capital markets, ensuring that various types of IPOs can coexist.
