To reduce the risk of investor and also to unlock the money SEBI Chairman CB Bhave opined that companies should list within seven days of IPO. Presently it is 20 days. SEBI plans to reduce this period to seven days over the next one year. Regulator said that the primary issuance process in India is not as efficient as the secondary market and timely settlement of transactions continue to be a challenge in the system.
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A common platform is being designed by Association of Mutual funds in India (AMFI) and is likely to be operational by March 2010.
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