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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The market regulator has floated a consultation paper to address the rash of issues around the public listing of shares by small and medium-sized enterprises.
Do you remember the vehicle dealership firm with two Yamaha showrooms and just eight employees that received bids worth Rs 4,800 crore against a public offering of shares worth Rs 12 crore in August? The IPO’s oversubscription prompted the market regulator to issue a warning to retail investors.
Three months on, the Securities And Exchange Board Of India (SEBI) put out a consultation paper last week proposing changes to tighten the regulatory framework around small and medium-sized enterprise IPOs.
Why? SEBI wants to improve the disclosures in the run-up to these SME IPOs, reduce speculative investment in the segment as …
