Initial Public Offering (IPO) in India

Mon, 11 May 2026 00:00:00 +0000

An Initial Public Offering (IPO) is the process by which a privately held company offers its shares to the public for the first time on a recognised stock exchange. In India, the IPO process is governed by the Securities and Exchange Board of India (SEBI) through the SEBI (ICDR) Regulations, 2018, with the actual subscription mechanics built around the Application Supported by Blocked Amount (ASBA) framework and the Unified Payments Interface (UPI) for retail applicants. As of mid-2026, the timeline from issue closure to listing has been compressed to three working days (T+3) under a SEBI circular mandatory from 1 December 2023, and the per-transaction cap on a UPI mandate for capital-market use has been raised to ₹5,00,000 under an NPCI notification of September 2025.

SME IPO on WebNotes

Initial Public Offering (IPO) in India