SEBI’s IPO Allocation Revamp to Boost Efficiency

SEBI, India's market regulator, wants to change how shares are given out in big IPOs (when companies first sell stock).

They plan to give more shares to big investors like mutual funds and less to regular people.

The goal is to make the market more stable and efficient.

This is because retail investors sometimes sell their shares quickly, while institutional investors often invest for the long term.

This change is designed to make sure the stock prices are stable and not changing wildly, helping everyone.