Economy
New
SEBI framework to contour IPO method.
· Markets
regulator Sebi on weekday place in situ a regular policy to contour the
reconciliation method among intermediaries with reference to initial public
offers in addition as a brand new mechanism to compensate investors.
· The
new framework would address problems associated with delay in receipt of
mandate by investors for interference of funds because of general problems at
intermediaries and failure to unblock the funds in cases of partial allotment
by subsequent operating day from the mop up of Basis of Allotment (BOA), Sebi
aforesaid during a circular.
Initial Public providing
· IPO
is that the commerce of securities to the general public within the primary
market.
· Primary
market deals with new securities being issued for the primary time. its
conjointly referred to as the new problems market.
· It
is totally different from secondary market wherever existing securities square
measure bought and sold-out.
· It
is additionally referred to as the stock exchange or exchange.
· It
is once AN unlisted company makes either a contemporary issue of securities or
a suggestion purchasable of its existing securities or each for the primary
time to the general public.
· Unlisted
corporations square measure corporations that dont seem to be listed on the
exchange.
· It
is mostly employed by new and medium-sized corporations that square measure
searching for funds to grow and expand their business.
Comments