Regulator Sebi plans 10-page abridged prospectus for IPOs

Sebi will soon allow companies to file <g data-gr-id="13">10-page</g> abridged prospectus for initial public offers as part of its efforts to help disseminate information in a more investor-friendly manner. The abridged document would have only 10 pages without compromising on information that an investor is required to know, Sebi’s Executive Director (Corporation Finance Department) P K Nagpal said. 

“Very soon we will come out with abridged prospectus... It will be really understandable for investors. Whatever (information) is required to take <g data-gr-id="10">well informed</g> decisions, it will be available in 10 pages,” he said here on Monday.