SEBI’s technology-driven efforts have accelerated IPO timelines significantly, reducing them from months to days. Reevaluating the mandatory 50% allocation to retail and HNI investors could further streamline IPO processes and improve market efficiency, suggesting alternatives like increased institutional involvement or mutual fund schemes for retail investors.
MRF snatches India’s highest-priced stock crown back from Elcid Investments
MRF shares: Elcid gained widespread attention in October 2024 after its stock price skyrocketed during a special call auction held by the Bombay Stock Exchange