SEBI has extended a relaxation for IPO issuers. A SEBI letter to the Association of Investment Bankers of India dated 12 October 2026 extends the relief to IPOs opening on or before 31 March 2027, per IndiaIPO.
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Key Details at a Glance
| Rule | Detail |
|---|---|
| Normal threshold, fresh issue | More than 20% change needs new draft documents |
| Normal threshold, OFS | 50% |
| Relief | Fresh issue size can change by up to 50% |
| Valid for | IPOs opening on or before 31 Mar 2027 |
| Earlier relief | IPOs opening before 30 Sep |
Conditions
The main object of the issue must stay the same, and lead managers must certify compliance.
Market backdrop
This year there have been 102 mainboard IPOs and 183 SME IPOs, per Chittorgarh. Companies named as pending include Oravel Stays (Oyo), PhonePe, Carlsberg India, Avaada Electro and Paras Healthcare.
Why it matters
The flexibility lets issuers resize deals to market demand without restarting the paperwork. SEBI had not responded to Mint at publication, and we did not see the circular itself. Read about SEBI and our IPO news.
Quick Answers
Until when is the relief valid?
IPOs opening on or before 31 March 2027.
How much can issue size change?
Up to 50% in the fresh issue.
Until when is the SEBI IPO size change relief valid?
It applies to IPOs opening on or before 31 March 2027.
