Lead Briefing
Holding period for IPO shares starts at allotment, not listing — which is why almost every listing-day sale is a short-term capital gain taxed at 20%, not the long-term 12.5% rate.
India's Biggest-Ever IPO Opens Today
Jio Platforms opens for public subscription today after its anchor book drew ₹8,110 crore from 212 institutions — demand of over ₹2.5 lakh crore, 30x the anchor allocation.