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SEBI — asba ipo third party

In asba ipo application banks were allowing 3 to 5 applications from one account with different names. Now sebi asked them to stop third party application for asba ipo application. For what reasons? As such primary market is already dyeing and retail investors are running away from market due to wrong decisions by reguating authorities. Why public opinion is not taken when mass is affected by new things? Sebi must withdraw this clause.
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