IPOs over Rs 50 cr since '04 to come under scrutiny

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Robbie

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IPOs over Rs 50 cr since '04 to come under scrutiny

In a bid to protect investors amid a rush for public offers by corporate India, the government has decided to scrutinise all the IPOs that garnered more than Rs 50 crore in the past three years to ascertain that funds were utilised for declared purposes.

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