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| Ms.Sangeeta Rathod, SEBI |
Ms. Sangeeta Rathod informed how SEBI
is a watchdog function when IPOs/FPOs are initiated by the organization.
SEBI
ensures that all relevant Information about the company is given in the
prospectus & investors are not prevented from getting information about the
liabilities & risks associated with new issues. Although the Merchant
bankers are responsible for arriving at correct pricing, SEBI verifies the correctness
of the price and discount to be given to the retail investors.
However, Ms.Rathod insisted
that retail investors should be more aware proactive & careful at the
investing stage and seek clarification required from SEBI.
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