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55,000 new multiple demat accounts

Sebi unearths another scam in IDFC IPO

The Securities and Exchange Board of India on Thursday said it has unearthed yet another IPO scam in the public issue of shares of Infrastructure Development Finance Company Ltd.

The IPO scam that changed India's primary market

Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.