SEBI Chief clarifies IPO valuations are market-driven
pre-market1 source ↓written by the desknot a recommendation
- scrutiny over Lenskart’s
- ₹7,200 cr IPO
SEBI Chairman Tuhin Kanta Pandey stated that the regulator does not influence IPO valuations, emphasizing that pricing should be determined by market forces and investor sentiment. His comments come amid scrutiny over Lenskart’s ₹7,200 cr IPO. Pandey also highlighted the importance of genuine ESG governance in the market.
Not investment advice. For informational purposes only.