Saturday, February 22, 2020

IPO SCAM : SEBI to intensify probe

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Securities and Exchange Board of India, widened its investigations into alleged irregularities in initial public offers in 2011.

The companies under scanner are :

1. Readymade Steel
2. Timber Home
3. Inventure Growth 
4. Parampont Printpacking
5. SRS Ltd
6. Birla Pacific Spa
7. Finotex Chemicals
8. Acropetal Tech
9. Sudar Garments
10. Midvalley Entertainment
11. Indo Thai Sec
12. Aanjneya Life care
13. Shilpa Cable
14. VMS Ind
15. Rushil Decor
16. Vaswani Ind
17. Prakash Constrowl
18. Servalaxmi Paper
19. Singhvi Forging.

FirstChoiceIPO had advised to stay-away from all the above IPOs except Acropetal Technologies.

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