Important changes in IPO coming after 1st May

These two are major changes in IPO norms , for IPO's to open after 1st May

1. QIB will have to pay 100% margin money instead of earlier 10% - so every one will pay 100% like Retail Investors.
2. LISTING to be done within 12 days against earlier 22 days - Retail Investors may have fast rotation of funds say atleast 2 turnover per month or say one may apply for 20 to 25 lacs in a year with capital of 1 Lac

these are great reforms being undertaken by Sebi...Mr Bhave is doing a commendable job!

Really thanks to the IPO for changes made.I wish them good luck.:rofl:

That's right...

but he will not be given a second term