Sebi’s easing of minimum promoter contribution norms to help startup IPO
Thu, Mar 21, 2024 4:39 PM

Sebi’s easing of minimum promoter contribution norms to help startup IPO

A Flip by Riya Sharma
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The regulator's move to relax norms for minimum promoter contribution (MPC) will ease the path for startups seeking to tap the domestic public markets, experts said. The Securities and Exchange Board of India said last week it will expand the list of eligible investors that can contribute to meeting MPC lock-in requirements without being identified as promoters.

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