Recently, SEBI’s (Securities and Exchange Board of India) ‘When-Listed’ platform is in the news as it will eliminate unregulated grey market trading during IPO (Initial Public Offering) and create a transparent and secure trading environment.

What is the “When-Listed” platform?

The “When-Listed” platform aims to regulate informal trading activities, known as the grey market, that take place in the interval between the bidding process for an IPO ends and the listing of shares.
The platform will provide investors with a legitimate and secure opportunity to trade shares during this period.