Multiple choice general knowledge

As per new guidelines issued by SEBI, Companies are required to list shares within how many days of the closure of the Initial Public Offers (IPOs)?

  1. 12 Days

  2. 15 Days

  3. 21 Days

  4. 30 Days

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

SEBI's guidelines mandated that companies must list their shares within 12 days of IPO closure. This rule was implemented to ensure timely trading commencement and reduce the period between fund allocation and actual share trading, protecting investor interests.