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.
High risk, high reward S Korea to debut AI-boom linked ETFs
South Korea is launching its first single-stock leveraged ETFs, linked to chipmakers Samsung Electronics and SK Hynix, aiming to double daily stock movements. These products