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Should Sebi have allowed IPPs to meet disinvestment targets?
The mechanism excludes retail investors from the process, but it will help companies meet listing norms. JAGANNADHAM THUNUGUNTLA Strategist & Head of Research, SMC Global Securities Limited "It might not be possible to achieve the wide distribution of PSU shares among retail investors under this mechanism" The history of the Indian initial public offer (IPO) market suggests that there is a sense
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