SEBI confidential IPO route used by 39 firms in the past 12 months (June 2025-May 2026)
Business
SEBI's confidential IPO route is catching on: 39 companies have used it in the past 12 months (June 2025-May 2026).
This lets them submit their plans to SEBI without going public right away, so they can keep sensitive details like financials and business strategies private until just before launch.
It's a smart way for firms to test the waters without all eyes on them.
Confidential filings allow up-to 18-month flexibility
The confidential filing gives companies up to 18 months of flexibility to time their listing or tweak plans based on market vibes, but it comes with extra paperwork if things change.
While this means less early buzz among some investors, established firms like being able to fine-tune their IPO strategy behind the scenes.