How larger investors crowding out smaller HNIs in IPOs prompted SEBI intervention

 How larger investors crowding out smaller HNIs in IPOs prompted SEBI intervention

SEBI building in Mumbai. Photo credit: Wikimedia Commons

Last week, the Securities and Exchange Board of India (SEBI) proposed some changes to rules that govern the allocation of shares to non-institutional investors (NII) in initial public offerings (IPOs). SEBI said its primary market advisory committee had noted that smaller NIIs were getting crowded out in the IPO allocation […]
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Vivek Sinha

The Capital Quest