Getting nod for IPOs could take longer as Sebi turns more vigilant
Mumbai: India’s capital markets regulator might be turning more vigilant while clearing initial public offerings (IPOs). Investment bankers and primary market watchers said the Securities and Exchange Board of India (Sebi) has tightened checks on IPO-bound companies after investors lost money in some of last year’s public offers, delaying approvals to launch issues. The average … Read more