SME IPO | Seeing signs of price manipulation in SME segment, says Sebi chairperson Madhabi Puri
SME IPOs: The capital markets regulator is still working with advisors to understand all the dimensions and analyse the data, she said, adding that if it finds some malpractices the next step may be to issue a public consultation on it.
![SME IPO | Seeing signs of price manipulation in SME segment, says Sebi chairperson Madhabi Puri](https://cdn.zeebiz.com/sites/default/files/2024/03/11/283682-screenshot-2024-03-11-165644.png?im=FitAndFill=(1200,900))
SME IPOs: Sebi chairperson Madhabi Puri Buch said on Monday, March 11, that the capital markets regulator is seeing "signs" of price manipulation in the small and medium enterprises (SME) segment. The manipulation is both at the initial public offering (IPO) and trading, Buch said, advising caution to investors.
"We do see the signs of price manipulation; we have the technology to do it. We are able to see certain patterns. I'd say it is still on the kitchen table; it's not yet gone into the oven," Buch said, speaking to women journalists on the sidelines of a conference.
The capital markets regulator is still working with advisors to understand all the dimensions and analyse the data, she said, adding that if it finds any malpractices, the next step may be to issue a public consultation on them.
The chairperson said investors need to understand that the SME segment is different from the main board, and Sebi must underline the same in terms of the rules on disclosures that are made to investors. The regulations governing the SME segment, the disclosures, and therefore the nature of risk are all different, Buch added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
05:00 PM IST