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Wednesday, August 15, 2012

The Securities Exchange Board of India will meet on Thursday to decide on a wide range of reforms for the primary market including e-IPOs.

The arrangement under the proposal for electronic initial public offers that would save investors the trouble of bothering with paperwork. Some other changes are also anticipated to streamline the eligibility criteria for companies coming up with an IPO

The Security and Exchange Board of India (SEBI) would soon initiate actions for reforms in IPO market, SEBI Member Rajeev Agrawal had said earlier according to Moneycontrol.com. "Our objective is to ensure good quality of IPOs as well as rational pricing of the IPOs. For this purpose, we are going to introduce several actions in coming days," he had said.

"It is important to take actions to create awareness among people about the market as well as risk involved in the market simultaneously. We have good resources in persons in the country to create awareness programmes," he added

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