Pre-IPO exits at manipulated prices: Why Sebi went after Ranbir Kapoor and the Aamir Khan-backed company?

Droneacharya Aerial Innovations hit the market in December 2022 as one of the year’s most high-profile SME listings, helped by a standout roster of early investors, including Bollywood actors Ranbir Kapoor and Aamir Khan, along with market veteran Shankar Sharma. The IPO, which was subscribed a whopping 244 times, benefited from the excitement surrounding the […]