When a private company decides to sell stock to the public, it holds an initial public offering or IPO. This marks the first ...
Chairman Pandey says gaps in disclosures not only undermine investor understanding but can also prolong fund-raising ...
Even as concerns are being raised from various corners about the fact that IPOs are now becoming a tool for OFS and providing exit to existing investors and dilution to promoters, market experts say ...
It is in this context that SEBI’s December Board decision on Draft Red Herring Prospectuses (DRHPs) merits close examination.