Sunday, April 19, 2026 | 01:53 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Manipulators make big money from small IPOs

Palak Shah Mumbai

Their modus operandi is simple: use dummy retail investors to corner a majority of the shares offered to the public and then rig the prices.

Several Ahmedabad-based stock brokers are playing a key role in arranging dummy investors. The

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 01 2008 | 12:00 AM IST

Explore News