<h1>Regulator eases IPO rules for mega firms, lowers MPOs and extends timelines to meet 25% public stake</h1> The stock market regulator relaxed IPO rules for very large companies, reducing minimum public offer (MPO) percentages and extending timelines to meet the 25% minimum public shareholding (MPS). Firms with market caps of Rs 50,000-1 lakh crore must float 8% instead of 10% and get five years (vs. three) to reach MPS; those above Rs 1 lakh crore face MPOs cut to 2.75% (and 2.5% for >Rs 5 lakh crore) with up to 10 years to comply. The regulator also expanded and reallocated anchor investor slots and increased anchor reservation to 40%, reallocating unsubscribed insurer/pension portions to mutual funds.