Just in:
Andertoons by Mark Anderson for Wed, 27 Mar 2024 // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Emirates Post Speeds Up Deliveries for GCC with Special Day // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One // Employer Obligations Tighten: 30-Day Deadline for Emirati Employee Registration with GPSSA // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // 2024 Lok Sabha Election Is A Historic Battle Against The Advent Of Fascism In India // Arvind Kejriwal Gets International Heft Against The Deshi Vishwaguru // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Near Miss at Kolkata Airport: IndiGo Plane Makes Contact with Stationary Air India Express // AI Boost for Galaxy Devices: Samsung Expands One UI 6.1 Update // Hong Kong Seen Granting Mainland Investors Access to Crypto via ETFs // Party Nominees Refusing To Contest: Major Perception Threat For BJP // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Universal Language for Healthcare: General Authority Embraces Global Coding System // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // HSBC Streamlines Gold Investment for Hong Kong Residents with Tokenized Product // Study: Stainless steel circular economy significantly reduces the risk of climate change in Thailand //
HomeIndia TakesSEBI MULLS RESERVING 25% OF IPO FOR DOMESTIC MUTUAL FUNDS, INSURERS

SEBI MULLS RESERVING 25% OF IPO FOR DOMESTIC MUTUAL FUNDS, INSURERS

fsMUMBAI: The Securities and Exchange Board of India (Sebi) plans to make it mandatory for issuers to reserve 25% of an initial public offering (IPO) for domestic mutual funds and insurers. But if they don’t subscribe to their portion fully, the IPO could be considered a failure, said investment bankers briefed on the matter. The regulator thinks that a higher participation of 25% of the issue size or half of that slotted for qualified institutional bidders would enable a fairer valuation. Besides, it will benefit both issuers and investors as these local institutional investors play the conservative card when it comes to pricing, aligning more with retail investors. In recent weeks, the regulator has informally told merchant bankers handling th

ADVERTISEMENT

ADVERTISEMENT
Just in:
Emirates Post Speeds Up Deliveries for GCC with Special Day // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // Experts come together to support updating the city’s nature conservation masterplan // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Study: Stainless steel circular economy significantly reduces the risk of climate change in Thailand // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One // Near Miss at Kolkata Airport: IndiGo Plane Makes Contact with Stationary Air India Express // Employer Obligations Tighten: 30-Day Deadline for Emirati Employee Registration with GPSSA // Hullabaloo About Electoral Bonds May End Up As A Whimper Pre And Post Poll // Hong Kong Seen Granting Mainland Investors Access to Crypto via ETFs // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // HSBC Streamlines Gold Investment for Hong Kong Residents with Tokenized Product // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Renewables Surge Sets Record, But Global Equity Lags // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Party Nominees Refusing To Contest: Major Perception Threat For BJP // Andertoons by Mark Anderson for Wed, 27 Mar 2024 // Arvind Kejriwal Gets International Heft Against The Deshi Vishwaguru // Hope for Respite as UAE Endorses UN Plea for Gaza Truce //