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SEBI returns 17 IPO documents in FY25
- SEBI returns 17 IPO documents in FY25
- Companies whose documents were returned include Avanse Financial, BMW Ventures and Vishal Mega Mart
- SEBI is strictly interpreting regulations and their compliance in the Draft Red Herring Prospectus (DRHP)
- SEBI has been returning draft offer documents with revisions, ensuring compliance with instructions and regulations
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