Get App
you are here: HomeNewsBusinessIPO
Last Updated : Jan 24, 2012 02:34 PM IST | Source: CNBC-TV18

SEBI move to avert listing day manipulation: Prime Database

Prithvi Haldea, CMD of Prime Database has lauded SEBI's move to curb listing day volatilty as it would help prevent the extreme price movements.

There has been rampant rigging of many of the newly listed small IPOs over the last two years. Capital markets regulator SEBI is in the process of reforming the initial public offer to ensure minimum price volatility on the day of listing.
Prithvi Haldea, CMD of Prime Database has lauded SEBI

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

First Published on Jan 24, 2012 01:41 pm
Follow us on
Available On