Correcting Abuse in Primary Issues The delayed but decisive action taken by the Securities Exchange Board of India (SEBI) on public issue allotment regulations can be expected to have a salutary effect on the stock market. SEBI has announced that the allotment of shares to qualified institutional buyers (QIBs)
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.