'Check with us before investing in IPOs' (The Hindu Business Line 24th Dec 2007) The Government on Monday asked the investors planning to put their money in IPOs to check with the ministry of corporate affairs on issues such as the promoters' track record and regulatory compliances.
Investors should verify the track record of the company and its promoters, compliance status with various regulations and whether any of its officers had been found guilty of economic offence, the ministry of corporate affairs said.
Investors should verify the track record of the company and its promoters, compliance status with various regulations and whether any of its officers had been found guilty of economic offence, the ministry of corporate affairs said.
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