LURING INVESTORS IN PSU IPOs
GOVERNMENT WILLING TO OFFER 0.35 PER CENT COMMISSION TO BROKERS
IN a bid to ensure greater retail participation in its disinvesment programme, the government has decided to pay a commission to brokers for luring investors to initial public offerings(ipo)of public sector undertakings(psu).
Sastarting with the public issue of satluj jal vidyut nigam LTD(SJVNL),which opens for subscription on thusday,the government has fixed a commission of 0.35 percent for brokers for selling shares to retail investors and 0.15 per cent bringing in HNI clients
