Sebi plans pre-listing trading for IPOs. Will this wipe out grey market activity?




Sebi plans a mechanism for trading IPO shares between allotment and listing.
Experts note grey market activity before IPO launches drives subscriptions.
Sebi is launching a portal for related party transactions.
Talks are underway with exchanges for the "when listed" facility.
2024 saw 94 IPOs, with 1,000 more expected in the next two years.

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