Buch says SEBI has no role in IPO pricing of new-age tech firms
Sebi has “no business” suggesting IPO pricing for new-age tech companies, and it is the investment bankers who should allay any concerns around the issue, chairperson Madhabi Puri Buch said on Tuesday. Ms. Buch, an investment banker-turned-regulator, said that companies need to be more forthcoming on disclosures on how valuations have changed between a pre-initial […]
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