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Increase in IPO limit…any good for small investors?

What do you guys think of the 2lakh retail limit for IPOs?  I have stopped investing in  good IPOs after the recent increase in retail limit from 1 to 2 lakhs. MOIL and PSB were subscribed so heavily you may not get allotment even if you applied for full 2lakh rs application.

Do you think this SEBI move has really helped the retail investors?

 

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