Second Menu

Tuesday, March 31, 2015

[MTC Global] Tech-Start-ups - Good News - SEBI has finally come up with discussion paper for start-up listing platform.

Dear Sirs,

SEBI has finally come up with discussion paper for start-up listing platform.

  • The securities market regulator SEBI has proposed relaxed norms for its separate platform to allow start-ups to list in the country. It has called for a much lower lock-in period for shares held by promoters and other investors compared with conventional three-year period, restricted the platform to tech companies and said this would be only open to investors with larger investment appetite.
  • SEBI has proposed that the new platform for raising money within the country will be initially made applicable to companies which are in the area of software product development and e-commerce. However, it kept a window open by adding that it can also include new-age companies having innovative business models.
  • http://www.sebi.gov.in/cms/sebi_data/attachdocs/1427713523817.pdf 

Trust it will be grand boost to Entrepreneurial Eco-system,

G.S.Autee



No comments:

Post a Comment