 "IPOs, listing, Investors, Markets")
Investors in the IPOs of new age technology companies have received a strong reality check after their poor post-listing performance. Now a Securities and Exchange Board of India’s discussion paper proposes changes and additions to mandatory disclosures during IPOs that may offer investors a better sense of the actual business dynamics in such companies which tend to be loss-making for extended periods, the top edit says. Read it here
In other views:
Indrajit Gupta recounts the role of two “positive deviants” in the scandal-ridden National Stock Exchange saga who stood up for what they believed in.
