IPO at 25% Float Lets Indian Founders Keep 75% Control—Here's What the Rules Actually Say
SEBI's minimum public shareholding floor makes a 25% offer the regulatory baseline, not a choice—founders retain majority voting control at 75%, though debt covenants and dual-class structures can complicate the picture.
bt-corporate · 6/28/2026, 3:32:49 PM · Ask about this →