Finance Ministry amends rules on minimum public shareholding for IPOs — Here’s a look at the changes, benefits

The Finance Ministry’s Department of Economic Affairs (DEA) on Friday notified changes to India’s IPO rules with regards to the minimum offer and allotment to the public in an offer document. The notification dated 13 March, provides a tiered structure for companies and corporations planning to list on the stock exchanges. It amends the Securities…

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Promoters’ ownership of India Inc slips below 50% for the first time since 2020. What does it mean?

So, who is driving this shift? Public shareholders backed largely by institutional investors such as mutual funds, foreign portfolio investors (FPIs) and individuals are steadily increasing their ownership in listed companies. A mint Analysis of shareholding data from the Center for Monitoring Indian Economy (CMIE), covering 4,673 listed companies, showed that public shareholding climbed to…

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