SEBI wants bigger slice for MFs, Ulips and pension funds in IPO pie
SEBI is considering increasing the anchor investor reservation in IPOs to 40%, with a significant portion earmarked for domestic institutional investors like mutual funds, insurance companies, and pension funds. The proposal also includes reducing the retail quota to 25% and increasing the QIB quota to 60% to bolster demand stability and broaden the participation of long-term domestic investors.
SEBI is considering increasing the anchor investor reservation in IPOs to 40%, with a significant portion earmarked for domestic institutional investors like mutual funds, insurance companies, and pension funds. The proposal also includes reducing the retail quota to 25% and increasing the QIB quota to 60% to bolster demand stability and broaden the participation of long-term domestic investors.
