Controller of Capital Issues
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Oct 11, 2024 by Raj Rishi Singhal · said 1 times in 1 episodes since 2024 · across every show →
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Oct 11, 2024 negative
Singhal: Bureaucrats dictated Indian IPO pricing and capital limits before 1990s reforms
“Because if you wanted to do an IPO, there was a Sarkari Babu called the control of capital issues, who would sit behind a desk and decide how much money you can raise from the market, whether you could charge a premium or not, and whether you could raise money…”