SEBI IPO study: FPIs lead anchor selling as stocks face pressure after 30-day unlock
· thehindubusinessline.com
SEBI study of 242 IPOs finds FPIs led anchor exits, with heavy selling linked to a 3.5% average price impact around the 30-day unlock window.
Foreign Portfolio Investors (FPIs) emerged as the biggest sellers among anchor investors, and heavy anchor exits were associated with sharp price pressure on IP...