Can SEBI Control IPO Pricing? Here Is What Chairperson Madhabi Puri Said
Zee Business Video Team | Updated: September 13, 2022 20:51 pm
SEBI chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has no business to suggest pricing of the initial share sale of new-age technology companies. She, however, quickly added that there needs to be more disclosures by companies on how valuations have changed between a pre-initial public offering (IPO) placement and the price which is being asked for in the issue. Watch this video.
