Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
neutral
3 days agoSEBI bars mutual funds from pre-IPO placements, limits participation to IPO and anchor tranches
India’s market regulator told fund houses they cannot invest in pre-IPO placements, clarifying mutual funds may participate only during the IPO process, including anchor portions. The move aims to prevent schemes from holding unlisted shares if listings are delayed or cancelled. Pre-IPO allocations typically involve private sales to select investors; SEBI wants mutual-fund exposure routed through regulated public issues. The clarification affects an industry managing ₹75.6 trillion and comes amid a busy primary market. Managers are reviewing processes to align with the directive ahead of upcoming issues.
neutral
3 days agoSEBI bars mutual funds from pre-IPO placements, limits participation to IPO and anchor tranches
India’s market regulator told fund houses they cannot invest in pre-IPO placements, clarifying mutual funds may participate only during the IPO process, including anchor portions. The move aims to prevent schemes from holding unlisted shares if listings are delayed or cancelled. Pre-IPO allocations typically involve private sales to select investors; SEBI wants mutual-fund exposure routed through regulated public issues. The clarification affects an industry managing ₹75.6 trillion and comes amid a busy primary market. Managers are reviewing processes to align with the directive ahead of upcoming issues.
neutral
SEBI bars mutual funds from pre-IPO placements, limits participation to IPO and anchor tranches
3 days ago
1 min read
87 words
SEBI clarified mutual funds cannot buy pre-IPO placements, restricting participation to IPO and anchor tranches to avoid exposure to unlisted shares.
India’s market regulator told fund houses they cannot invest in pre-IPO placements, clarifying mutual funds may participate only during the IPO process, including anchor portions. The move aims to prevent schemes from holding unlisted shares if listings are delayed or cancelled. Pre-IPO allocations typically involve private sales to select investors; SEBI wants mutual-fund exposure routed through regulated public issues. The clarification affects an industry managing ₹75.6 trillion and comes amid a busy primary market. Managers are reviewing processes to align with the directive ahead of upcoming issues.
India’s market regulator told fund houses they cannot invest in pre-IPO placements, clarifying mutual funds may participate only during the IPO process, including anchor portions. The move aims to prevent schemes from holding unlisted shares if listings are delayed or cancelled. Pre-IPO allocations typically involve private sales to select investors; SEBI wants mutual-fund exposure routed through regulated public issues. The clarification affects an industry managing ₹75.6 trillion and comes amid a busy primary market. Managers are reviewing processes to align with the directive ahead of upcoming issues.
Tags:
mutual_funds
SEBI
mutual_funds
SEBI
IPO
regulation
India
Oct 27, 2025 • 15:33 IST