Rs. 18,000 crore IPO Pipeline at risk as approvals near expiry

Mint featured our Partner, Archana Balasubramanian, who commented: “Allowing Sebi’s observation letter to lapse is effectively a restart of the IPO process. From a cost perspective, issuers must again incur legal, merchant banking, auditing and diligence expenses, which can cumulatively run into several crores, depending on the size of the issue”, in its story Rs. 18,000 crore IPO Pipeline at risk as approvals near expiry.

Read here: https://www.livemint.com/market/ipo/ipo-sebi-deadline-equity-market-11774330660689.html