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1 day agoIndia’s stock-market regulator halts Vedanta’s Sterlite Electric IPO
Securities and Exchange Board of India (SEBI) has temporarily suspended the proposed initial public offering (IPO) of Sterlite Electric — part of the Vedanta Group — despite its draft filing in early October 2025 for about 7.8 million fresh shares plus a similar number of offer-for-sale shares. The regulator did not offer a public reason, and Vedanta provided no comment. The move reflects caution in India’s booming IPO market which has already seen over $10 billion raised from more than 240 listings this year.
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1 day agoIndia’s stock-market regulator halts Vedanta’s Sterlite Electric IPO
Securities and Exchange Board of India (SEBI) has temporarily suspended the proposed initial public offering (IPO) of Sterlite Electric — part of the Vedanta Group — despite its draft filing in early October 2025 for about 7.8 million fresh shares plus a similar number of offer-for-sale shares. The regulator did not offer a public reason, and Vedanta provided no comment. The move reflects caution in India’s booming IPO market which has already seen over $10 billion raised from more than 240 listings this year.
Explore:Mutual Fund Categories
neutral
India’s stock-market regulator halts Vedanta’s Sterlite Electric IPO
1 day ago
1 min read
84 words
The Indian IPO regulator has put the listing of Vedanta’s Sterlite Electric on hold without stating a reason — a caution signal in India’s hot primary market.
Securities and Exchange Board of India (SEBI) has temporarily suspended the proposed initial public offering (IPO) of Sterlite Electric — part of the Vedanta Group — despite its draft filing in early October 2025 for about 7.8 million fresh shares plus a similar number of offer-for-sale shares. The regulator did not offer a public reason, and Vedanta provided no comment. The move reflects caution in India’s booming IPO market which has already seen over $10 billion raised from more than 240 listings this year.
Securities and Exchange Board of India (SEBI) has temporarily suspended the proposed initial public offering (IPO) of Sterlite Electric — part of the Vedanta Group — despite its draft filing in early October 2025 for about 7.8 million fresh shares plus a similar number of offer-for-sale shares. The regulator did not offer a public reason, and Vedanta provided no comment. The move reflects caution in India’s booming IPO market which has already seen over $10 billion raised from more than 240 listings this year.
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Oct 28, 2025 • 23:01 IST