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Better equity outlook: Firms raise funds


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chanakya maurya
No premium should be allowed.
by chanakya maurya on May 21, 2009 03:38 PM

In the event of an over-subscription, the promoters should have the option to retain the whole of the over-subscription.

Allowing premium is allowing fraud on the investors.

And this mass fraud is being perpetrated with the apparent connivance of SEBI.

SEBI guidelines have often proved mis-guidelines.

Investors should be careful of hypes and hooplas.

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