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4 days agoIndia regulator halts IPO of Sterlite Electric amid listing wave
India’s markets regulator Securities and Exchange Board of India (SEBI) has temporarily suspended the IPO of Sterlite Electric, part of the Vedanta Group, which had filed for a fresh issue of 7.8 million shares and a matching offer-for-sale. SEBI did not provide details on the reason for the delay. The decision comes as India’s IPO market remains hot, with over 240 large- and mid-sized listings raising more than US $10.5 billion in the first nine months of 2025 and expectations of up to US $8 billion more this quarter.
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4 days agoIndia regulator halts IPO of Sterlite Electric amid listing wave
India’s markets regulator Securities and Exchange Board of India (SEBI) has temporarily suspended the IPO of Sterlite Electric, part of the Vedanta Group, which had filed for a fresh issue of 7.8 million shares and a matching offer-for-sale. SEBI did not provide details on the reason for the delay. The decision comes as India’s IPO market remains hot, with over 240 large- and mid-sized listings raising more than US $10.5 billion in the first nine months of 2025 and expectations of up to US $8 billion more this quarter.
Explore:Mutual Fund Screening
neutral
India regulator halts IPO of Sterlite Electric amid listing wave
4 days ago
 1 min read
89 words
SEBI halts Sterlite Electric’s IPO ahead of listing, citing unspecified reasons in a busy Indian primary-market phase.
India’s markets regulator Securities and Exchange Board of India (SEBI) has temporarily suspended the IPO of Sterlite Electric, part of the Vedanta Group, which had filed for a fresh issue of 7.8 million shares and a matching offer-for-sale. SEBI did not provide details on the reason for the delay. The decision comes as India’s IPO market remains hot, with over 240 large- and mid-sized listings raising more than US $10.5 billion in the first nine months of 2025 and expectations of up to US $8 billion more this quarter.
India’s markets regulator Securities and Exchange Board of India (SEBI) has temporarily suspended the IPO of Sterlite Electric, part of the Vedanta Group, which had filed for a fresh issue of 7.8 million shares and a matching offer-for-sale. SEBI did not provide details on the reason for the delay. The decision comes as India’s IPO market remains hot, with over 240 large- and mid-sized listings raising more than US $10.5 billion in the first nine months of 2025 and expectations of up to US $8 billion more this quarter.
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Oct 27, 2025 • 13:02 IST








































