Sub- Forced IPO Listing Rule must be introduced in India very soon just like US.
Dear Friends, "A forced IPO is the process whereby a private company is forced to become publicly traded. It occurs due to U.S. securities regulations prohibiting private companies from having more than 500 shareholders and $10 million in assets."
SEBI must introduce forced IPO listing rule just like US very soon because, a lot of very good companies & their Subsidiaries/ Associate companies are available in the Unlisted market in the sectors like IT/ Realty/ Chemicals/ BFSI/ Oil & Gas etc. having huge Market cap, Sales, Revenue, NP etc. like Accenture, Capgemini, Genpact, PWC, Samsung, Sony, LG, Philips, CSK, Serum Inst, HDB Finance, Hero fincorp etc. Their share price in the unlisted market is abnormal.
We must write to the Ministry/ SEBI or try our best to list the unlisted companies as soon as possible because, SEBI is trying the best to attract more investors in the primary market like planning to introduce 'Fractional Investments', 'T+0' Settlement days, 'T+6' Listing rule for IPOs etc.
So, pl. do the needful at your earliest convenience. Eagerly waiting for your early actions. Thanks in adv.
On & from behalf of the IPO Researchers of India.