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Sebi imposes Rs 1 lakh fine on Reliance Capital for regulatory violations - Vimarsana News

Sebi imposes Rs 1 lakh fine on Reliance Capital for regulatory violations

Markets watchdog Sebi on Tuesday imposed a fine of Rs 1 lakh on Reliance Capital Ltd for violation of Depositories and Participants Regulations back in 2010. As per the regulations, depository participants are restricted from delegating their function to any other person, without the prior approval of the depository. During an investigation, Sebi found that in the process of investor grievance redressal mechanism, there were certain complaints against Reliance Capital (noticee) as a depository participant. The replies to those complaints were given by Reliance Securities Ltd (RSL) in the c...

Mrs Bectors Food Specialities Reports 2nd Highest IPO Subscription In Last 5 Years - Vimarsana News

Mrs Bectors Food Specialities Reports 2nd Highest IPO Subscription In Last 5 Years

Mrs Bectors Food Specialities reports 2nd highest IPO subscription in last 5 years In 2020, five companies received a strong response to their IPOs, reporting more than 149 times subscription. Sunil Shankar Matkar December 19, 2020 / 07:04 AM IST Biscuits and bakery products maker Mrs Bectors Food Specialities witnessed the highest subscription among IPOs in 2020 and the second-highest in the last demi-decade. The Rs 540.54-crore IPO received subscription of 198.02 times during December 15-17, 2020 backed by a strong response from all investors...

Burger King IPO grey market premium: Burger King listing: Can it rewrite Happiest Minds, Chemcon successes? - Vimarsana News

Burger King IPO grey market premium: Burger King listing: Can it rewrite Happiest Minds, Chemcon successes?

Burger King was the fourth mainboard IPO this year, which saw over 100 per cent subscription levels.