SEBI MULLS ELECTRONIC PUBLIC OFFER

Securities and Exchange Board of India (SEBI) is  considering a proposal to allow companies to sell shares through an all-electronic initial public offer (e-IPO). Investors would be able to bid for shares electronically  and without the need for signing any papers physically. Securities and Exchange Board of India (SEBI) is currently awaiting a formal clearance from the Ministry of Corporate Affairs (MCA).