India, Feb. 20 -- Amid the increasing number of new-age tech IPOs in the country, the Securities and Exchange Board of India (SEBI) is reportedly inching closer to tightening the disclosure requirements for IPO-bound companies.

According to a report by Moneycontrol, the markets regulator is mulling increasing the disclosure timeline for all past transactions and fund raise for startups to 3 years from 18 months currently.

Citing sources, the report said that the companies will have to provide financial metrics and ratios along with operational parameters such as long-term sustainability of the business and drivers of financial performance, among others.

Other inclusions will include disclosures of all key financial or operational infor...