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INDIAN (B)

Where are IPOs? Nod is for Rs 25,000 crore

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Sebi chief Ajay Tyagi on Friday expressed concerns over the sluggish pace of fund-raising through the IPO market. He said despite the regulator’s permissions for offers aggregating about Rs 25K crore, not many IPOs are being launched, pointing out the low level of fund-raising for greenfield infrastructure projects, not enough for $5-trillion economy.



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