SEBI Streamlines Debt Security Listing Process for Faster Fund Access

SEBI has announced a reduction in the timeline for listing public issues of debt securities from six to three days to facilitate quicker access to funds. This change will be optional for the first year and mandatory thereafter, starting from November 1, 2025.

The Securities and Exchange Board of India (SEBI) announced on Thursday a significant change in the listing timeline for public issues of debt securities. The timeline will be shortened from six to three working days, allowing issuers quicker access to funds.

This revised timeline will remain optional for the first year and will become mandatory from November 1, 2025. According to a SEBI circular, the move also aligns listing timelines of public debt securities and non-convertible redeemable preference shares (NCRPS) with privately placed non-convertible securities and specified securities.

Earlier in the week, SEBI had also simplified the application process for public issues of debt securities, requiring individual investors applying through intermediaries for amounts up to Rs 5 lakh to use UPI for blocking funds. The organization has also reduced the minimum subscription period from three to two working days, among other regulatory adjustments.

(With inputs from agencies.)