SEBI lets IPO firms change fresh issue size up to 50 percent without new offer filings

Firms could shift up to 50 percent without refiling

SEBI has reportedly approved a major flexibility tweak for IPOs: companies may revise the fresh issue size by up to 50 percent without refiling the draft offer document. The change is designed to help firms raise capital more easily during volatile market conditions, easing a current rule that forces refiling if size changes exceed 20 percent from the original plan.