Paytm/Zomato IPO Saga: SEBI proposes stricter pricing norms targeting IPOs of loss-making companies

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IPOs of tech companies like Paytm and Zomato left investors baffled and saddened by eroding half of their investments. Learning from this incident, the market watchdog, SEBI has proposed a stringent disclosure framework for companies coming out with Initial Public Offering (IPO). In this regard, SEBI on Friday, Feb 18, 2022, floated the consultation paper for public comments proposing detailed disclosure to be made.IPOs of tech companies like Paytm and Zomato left investors baffled and saddened by eroding half of their investments. Learning from this incident, the market watchdog, SEBI has proposed a stringent disclosure framework for companies coming out with Initial Public Offering (IPO). In this regard, SEBI on Friday, Feb 18, 2022, floated the consultation paper for public comments proposing detailed disclosure to be made.taxmann.com NewsRead More

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