Securities and Exchange Board of India (SEBI) has decided to introduce a new short and simple form for IPO Investors. The move is designed for increasing retail participation in the IPOs and stock markets. SEBI chairman UK Sinha said that this will lead to reduction in the size of the form by about a quarter
The new form, besides being shorter and simpler, would also carry information regarding Price-Earnings (PE) ratios of the peer companies as well as track record of Lead Managers of the IPO
