- Sebi has become more cautious when it comes to giving clearance to initial share sales.
- Sebi has returned the preliminary papers of six companies, including Oravel Stays.
- This is a result of the Paytm IPO fiasco.
Sebi takes a stricter approach to IPO clearance, returning draft papers of 6 companies

- Sebi has become more cautious when it comes to giving clearance to initial share sales.
- Sebi has returned the preliminary papers of six companies, including Oravel Stays.
- This is a result of the Paytm IPO fiasco.
[Via]