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    Question

    Under the IFSCA Listing Regulations 2024, how long must promoters’ and controlling shareholders’ pre-issue shareholding be locked up after an IPO?

    A 90 days Correct Answer Incorrect Answer
    B 120 days Correct Answer Incorrect Answer
    C 150 days Correct Answer Incorrect Answer
    D 180 days Correct Answer Incorrect Answer
    E 365 days Correct Answer Incorrect Answer

    Solution

    Regulation 29 specifies that pre-issue shareholding of promoters and controlling shareholders must be locked up for 180 days from the date of allotment in the IPO.

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