Sebi has no business to suggest IPO pricing of new-age tech firms: Madhabi Puri Buch

It can be noted that there have been concerns about investors, especially the unsuspecting retail ones, being taken for a ride due to high valuations sought by new-age tech companies. The share price of payment platform Paytm collapsed to a third of the IPO issue price within a few weeks of listing. https://ift.tt/cV0nTzQ