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SEBI Extends IPO Size Revision Relaxation Until March 2027

M
Moneycontrol•13-10-2026, 15:22
SEBI Extends IPO Size Revision Relaxation Until March 2027
- •SEBI has extended the relaxation allowing companies to revise IPO sizes without filing fresh draft documents until March 31, 2027.
- •Companies can increase or decrease their fresh issue size by up to 50% subject to specific conditions.
- •The decision provides flexibility to issuers to navigate market volatility without restarting the regulatory filing process.
- •The primary objective of the IPO must remain unchanged, and book-running lead managers must certify compliance.
- •Lead managers are responsible for updating the draft red herring prospectus and disclosing changes through an addendum.
Key Questions Answered
The Securities and Exchange Board of India (SEBI) extended its IPO size revision relaxation until March 31, 2027.
Companies are allowed to increase or decrease the size of the fresh issue by up to 50% without filing fresh draft offer documents, subject to specified conditions.
The extension was communicated to the Association of Investment Bankers of India (AIBI) in a communication dated October 12, pushing the deadline from September 30, 2026, to March 31, 2027.





