Sebi spots inflating of IPO bids to lure buyers

Sebi has found evidence of merchant bankers inflating IPO subscription numbers to attract investors. The regulator is scrutinizing IPO-related data and will take measures to end such practices. Changes to policies related to public offers may be implemented.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IhkVOn5
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