The FinTech Hub
Source: Live Mint Trafiksol IPO: Capital markets regular Securities and Exchange Board of India (SEBI) on Tuesday, December 3, ordered Trafiksol ITS Technologies Ltd to refund investor’s money worth ₹45 crore within one week after halting the share listing of the SME IPO. The market watchdog also directed the Bombay Stock Exchange (BSE) in its…
Source: Live Mint 2024 has been a landmark year for the Indian initial public offer (IPO) market, with an unprecedented surge in fundraising and retail participation. The allure of quick wins has led to massive oversubscriptions, especially in the small and medium enterprises (SME) segment. Strong listing gains have further fuelled this frenzy. While foreign…
Source: Live Mint Markets regulator Securities and Exchange Board of India (Sebi) has recently identified several concerns plaguing the SME space such as misuse of IPO proceeds, fund diversion, promoter exits and market misconduct. These issues pose threats to investor protection and market integrity. A Sebi analysis reveals that many SMEs have engaged in substantial…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25773664/Screenshot_2024_12_04_at_2.04.54_PM.jpeg?w=400&resize=400,250&ssl=1 "Nissan needs a little something extra to connect the Ariya to Tesla’s Superchargers")