Current Affairs

GK MCQs Section
Q. What is the maximum IPO investment limit for retail individual investors?
Answer: ₹2 lakhs
Notes: The Securities and Exchange Board of India (SEBI) set the retail individual investor cap for IPO applications at ₹2 lakhs in 2012. Applications above ₹2 lakhs fall under the High Net-Worth Individual category. The limit regulates retail investor participation in primary markets. SEBI is the securities market regulator established in 1988 and given statutory status in 1992.
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