Round Table on Recent Reforms in Primary Market
A Round Table on Recent Reforms in Primary Market was conducted on December 4, 2012 at BKC, Mumbai. It was attended by over 30 participants, including issuers, merchant bankers, stock exchanges and legal professionals. Over the past 37 years, across 7 cycles, the market has witnessed IPOs of Rs.60 lakhs upto Rs.10,000 crores and beyond. The range of issues debated upon were Retail Investors, e-IPOs, ASBA, Safety Net Mechanism, Disclosures, Rejection of Offer Documents, Due Diligence Review, Monitoring, Eligibility of New Issuers, Promoters’ Shareholding and Merchant Bankers’ Track Record. The discussions were varied and vibrant, and the views of participants were taken note of.