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Profiting from Distressed Asset Purchases ✌️【Investment】✌️Start with ₹500 and get fast returns through secure and profitable investments. It’s not clear, however, why the SEBI board did not approve the consultation paper’s proposal to increase the minimum application size for such IPOs from Rs 1 lakh to Rs 2-4 lakh.

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Profiting from Distressed Asset Purchases ✌️【Investment】✌️Start with ₹500 and get fast returns through secure and profitable investments.But a Rs 2 lakh application size should have been allowed.Overall, the tightening of regulations was warranted as they come in the wake of the recent irrational exuberance witnessed in SME IPOs.

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In the current financial year also, 159 SMEs have gone public so far, raising more than Rs 5,700 crore.

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Regulations must ensure that unscrupulous elements don’t take advantage of the platform and that investor interests are adequately protected.

In short, there can’t be any alternative to setting a higher governance bar.Micromax and Phison have formed a joint venture, MiPhi, to produce storage chips in India.

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