Sebi likely to ease IPO norms for large issue in February 17 meeting New norms likely boost capital market by helping mega issues like LIC’s; regulator to also discuss norms to make independent directors more accountable IPO The Securities and Exchange Board of India may make significant changes in the norms for Initial Public Offers (IPOs) to allow a smaller float for large issues, which will help large companies like state-run Life Insurance Corp and tech-based firms. The new norms, are expected to be discussed on Feb 17 in which Sebi is taking up several important issues including the gold spot exchange, investor charter and strict norms to make independent directors more accountable.