Economic TimesLean R·
C’mon SEBI, step out & save: The market regulator should fix flawed IPO rules to stem inflated valuations, and capital flight
Coca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due to flawed Sebi IPO rules. Such practices may benefit the wealthy but weaken the rupee. Investors could see reduced returns. Sebi needs to revise its public float norms to ensure fair pricing and protect common investors.
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