Government allows 2.5% minimum IPO dilution for mega-cap firms Change The government issued a gazette notification permitting companies with post-issue market value above ₹5 lakh crore to dilute as little as 2.5% in an IPO, reduced from a 5% minimum. Why it matters The notification applies to companies with a post-issue market value exceeding ₹5 lakh crore (approximately $54 billion). Qualifying companies can satisfy IPO listing requirements with a minimum 2.5% public dilution instead of the prior 5% minimum. The Securities and Exchange Board of India approved the change in September and the government issued the change via a gazette notification. The scope explicitly includes large conglomerate digital units such as Jio Platforms Ltd. India IPO · Mar 15 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
