Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Sunday, April 8, 2012

The Bombay Stock Exchange (BSE) is planning to come up with an IPO which may hit the streets as early as April end or early May. Market regulator SEBI said that BSE Limited may be the first to list on the exchanges soon, reports CNBC-Awaaz. The board members of BSE Limited may consider the IPO in the last week of April

An extraordinary and rather interesting aspect of this listing, whenever materialized, would be that BSE is itself an exchange and listing of BSE on itself would be an issue. In this regard, SEBI said an exchange cannot be listed on itself, which means if the BSE were to go public, it has to do so on the NSE or another exchange and vice versa

"The stock exchanges will have diversified ownership and no single investor will be allowed to hold more than 5% except the stock exchange, depositories, insurance company, banks or public financial institutions which may hold up to 15%," SEBI said after the board meeting.

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers