India, Sept. 13 -- In a bid to ease the listing process for large companies, markets regulator SEBI has revised minimum public shareholding (MPS) norms for companies with a post-issue market capitalisation (m-cap) of over INR 50,000 Cr.

While the public officer and MPS will remain unchanged for companies with a post-issue m-cap of less than INR 50,000 Cr, SEBI's board approved the following changes for companies with higher m-cap:

- M-cap Above INR 5 Lakh Cr: These companies will need to have a minimum public offer (MPO) of INR 15,000 Cr and at least 1% of their post-issue m-cap, subject to a minimum dilution of 2.5%. They will need to achieve 15% MPS within 5 years of listing and 25% within 10 years.

- M-Cap In The Range Of INR 1-5 La...