 "Sebi Chairman Ajay Tyagi. Photo: Kamlesh Pednekar")
Capital market regulator, the Securities and Exchange Board of India (Sebi), has asked investment bankers to price initial public offerings (IPOs) in a manner that retail participation will not be compromised.
Speaking at the Association of Investment Bankers (AIBI) summit, Sebi Chairman Ajay Tyagi said, “We want retail participation to grow. Investment banks have to ensure that IPOs are priced rightly.”
Tyagi said 2017 has been “very satisfying” for IPOs, with the amount mobilised through new offerings being higher than the previous six years combined. He said transparency and regulatory framework were providing comfort to investors.
He
Speaking at the Association of Investment Bankers (AIBI) summit, Sebi Chairman Ajay Tyagi said, “We want retail participation to grow. Investment banks have to ensure that IPOs are priced rightly.”
Tyagi said 2017 has been “very satisfying” for IPOs, with the amount mobilised through new offerings being higher than the previous six years combined. He said transparency and regulatory framework were providing comfort to investors.
He
