The secondary markets have been volatile lately, which is why the demand for IPOs has been slow, he added. “Investors see attractive buying opportunities in select listed stocks, so there have to be compelling reasons to look at a new stock.”
Sebi bars Vijay Mallya from accessing securities market for 3 years
According to the order, Mallya is prohibited from buying, selling, or dealing in securities directly or indirectly, and from being associated with the securities market