NSE Imposes 90 per cent Limit on SME IPO Prices: A Look at the Reasons
Oct 21, 2024
New Delhi [India], October 21: NSE's 90% Price Control Cap Explained: National Stock Exchange of India has introduced a new rule to regulate the pricing of IPOs, effective 4 July 2024. The rule sets a cap on how much the share price can increase on the first day of trading compared to the IPO price. The maximum allowed increase is 90% over the IPO price. The price control limit will only apply to SME IPOs and not to mainboard IPOs.
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