In the current exercise, Sebi is distributing amounts to those investors to whom partial amounts were paid earlier and are entitled to receive additional amounts.
With more than a dozen insurance, asset management, commercial banking, non-banks, microfinance, housing finance and payment bank players already filing draft documents with the market regulator Sebi for public offerings
"This is incorrect. Wouldn't typically comment on speculation, but had to in order to stop the barrage of phone calls from the press and friends/family. Back to work," he tweeted.
EY India IPO Trends Report Q3 2020 also showed that real estate, hospitality and construction and technology and telecommunications were the most active sectors with two IPOs launched in each sector