IPO Market SEBI President warning: MUMBAI: Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Thursday warned that the process of spurring prices is not as transparent and effective.
 Join WhatsApp Channel | |
|---|---|
 Join Telegram Channel |
Capital Markets Conference – CII
Speaking at the opening ceremony of the 12th Capital Markets Conference organized by the Confederation of Indian Industry (CII), Tyagi suggested that it would be more desirable for retail investors to look at reputed listed companies in the secondary market.
Tyagi said that apart from having sufficient information about the already listed companies, disclosures are also made from time to time.
The amount raised by companies through initial sale of shares in the first five months of the current financial year is equal to the amount raised in the financial year 2020-21.
Read It
- India’s forex reserves at new high – AsiaGlobalBank
- Closing Ford – Tamil Nadu Industrial Explanation that an alternative attempt is being made
IPO Market SEBI President warning
In the last financial year, companies had raised Rs 46,000 crore from the primary market. In addition, SEBI has allowed various companies to raise a total of Rs 30,000 crore through this channel. In the last 18 months, technology companies have raised Rs 15,000 crore through this channel.
See Also
- Google Jio phone Next launch delayed-
- Filing income tax till Dec 2021; Extended till 31st December | income tax return
- Jewelry Loan Waiver Soon – up to 5 sovereigns- Minister announce
Capital market is constantly booming
The capital market is constantly booming with new investors. On an average 4 lakh new demat accounts were opened every month in the financial year 2019-20. 12 lakh accounts were opened per month in the financial year 2020-21. In the current financial year, this number has grown on an average of 26 lakh accounts per month.
