Tag Archives: IPO

Investors will have to return the money if the IPO motive of revenge!

Promoters of the company rather than for the purpose stated in the prospectus of the money raised from the public -use elsewhere , so it may have to return money to investors . Standard corporate governance is being done to improve . It is in the interest of investors . Sebi will soon rule for it . Accordingly , the promoter of the public funds used elsewhere , so that investors do not agree , they must return their money . In such cases, the regulator will decide the exit price . Earth Prime Database chairman of Haldia said , …

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