SEBI to continue with existing system for IPOs | india | Hindustan Times
Today in New Delhi, India
Nov 18, 2017-Saturday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

SEBI to continue with existing system for IPOs

SEBI said it has no plans to revise the existing system for IPOs, under which quotas are provided for various class of investors.

india Updated: May 16, 2006 14:23 IST

Market regulator SEBI on Tuesday said it has no plans to revise the existing system for Initial Public Offerings (IPOs), under which quotas are provided for various class of investors.

"SEBI has no plans to do away with the existing systems for Initial Public Offerings," it said in a formal statement.