There need to be more disclosures on how valuations have changed between a pre-IPO placement and the issue price, she said. For example, a company sells shares to investors at ₹100 and then asks for ₹450 in an IPO within a few months. A company is free to ask for a higher price, but it needs to disclose what happened in the intervening period which justifies the change in valuation, Buch said.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the
May 25, 2026