{"id":1569,"date":"2022-05-11T12:36:23","date_gmt":"2022-05-11T12:36:23","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=1569"},"modified":"2022-05-11T12:36:24","modified_gmt":"2022-05-11T12:36:24","slug":"sebi-freezes-new-ipo-listing","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/sebi-freezes-new-ipo-listing\/","title":{"rendered":"SEBI Freezes New IPO Listing"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>For some time, we might see no IPOs in the market as the\nmarket regulator, Securities Exchange Board of India (SEBI) has put a temporary\nfreeze on the initial public offering amid concern about the current bidding\nframework.<\/p>\n\n\n\n<p>In the current framework, institutional and HNI\u2019s are\nallowed to put in a bid, and they might get rejected later amid a lack of\nfunds.<\/p>\n\n\n\n<p>Associations of Investment bankers of India informed the\nmarket, that no IPO will be allowed till the issue is resolved by the market\nwatchdog SEBI. This pause in IPO came in when some of the recent IPO\u2019s funds of\nqualified institutional buyers came in either on the last day or on T+1 or t+2\nday. And some cases were worse where applications got rejected amid lack of\nfunds, funds were not blocked, this application falls under the category of \u201cbidded\nbut not banked\u201d.<\/p>\n\n\n\n<p>This kind of bid just increases the number of applications\nfor subscription with no intention to subscribe and it reduces the chances of the\ngenuine bidder getting the allotment of the IPO. <\/p>\n\n\n\n<p>&nbsp;However, the upcoming\nIPO of Delhivery, Prudent Corporate Advisory will not be affected and there is\nno information yet about other upcoming IPOs like Paradeep Phosphates Limited\nwhich is due to open on 17<sup>th<\/sup> May.<\/p>\n\n\n\n<p>The market will have to wait for any information for SEBI\nregarding the bidding framework.<\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 3,321<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"1569\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">11    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>For some time, we might see no IPOs in the market as the market regulator, Securities Exchange Board of India (SEBI) has put a temporary [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/sebi-freezes-new-ipo-listing\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":1571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,48,10],"tags":[],"class_list":["post-1569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-economy","category-featured"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=1569"}],"version-history":[{"count":1,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1569\/revisions"}],"predecessor-version":[{"id":1570,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1569\/revisions\/1570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/1571"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=1569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=1569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=1569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}