SEBI Proposes Key Changes to Pre-IPO Lock-in Rules: A Big Push Toward Faster, Cleaner Listings India’s primary markets are in the middle of a historic run. With more than 300 companies raising over $16.55 billion in 2025 alone, the appetite for new listings has rarely been stronger. Against this backdrop, the Securities and Exchange Board of India (SEBI) has unveiled a major proposal aimed at making the IPO process smoother, faster, and far less cumbersome—especially when it