IPO Review - Discussion until listing

1957 December 2, 2022, 5:15am 327

Tata Play becomes first firm to file confidential papers with Sebi for IPO

A confidential filing, as the moniker suggests, allows a company to privately file a registration statement for an IPO with the regulator for review, delaying the public filing until much closer to the actual IPO date.

Moneycontrol

Two firsts for Tata Play: First in India to take ‘confidential’ pre-filing...

Common in US markets, Tata Play is allowed to keep its offer document private by the pre-filing route until it firms up its IPO plan.

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