IPO rules

<!-- -->SEBI has also revised the allocation methodology for non-institutional investors (NIIs).New Delhi: Tightening rules for initial public offering (IPO), SEBI has put a cap on the usage of the issue proceeds for unidentified…

What do the new SEBI norms state on preferential allotments and price band? Who benefits from the changes? The story so far: The Securities and Exchange Board of India (SEBI) on Tuesday came out with some fresh rules for initial public…