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Companies slow to take to...

Indian issuers, promoters and investors are...

Companies slow to take to SEBI’s confidential filing for IPOs

Indian issuers, promoters and investors are yet to warm up to the framework for confidential filing for public share sales, nearly 10 months after it was introduced. Tata Play and Oravel Stays are the only two companies that have taken to this route. New age businesses, rather than traditional companies, are more likely to opt for this route, except for issuers specifically looking at a longer validity period from the date of initial observations, said experts.New age tech companies such as Navi Technologies, Yatra Online, Honasa Consumer and...

Companies slow to...

Indian issuers, promoters and investors are yet to warm up to the framework for confidential filing for public share sales, nearly 10 months...