SEBI to finalise norms for listing of startups

SEBI to finalise norms for listing of startups to help them tap capital markets to raise funds

Under the new norms, the entire pre-issue capital is expected to be locked-in for a period of six months for all shareholders. At present, promoters are required to offer a minimum of 20 per cent of post-issue capital as lock-in for a period of three years. Read more at:

http://yourstory.com/2015/05/sebi-listing-startups/

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