TY - GEN AU - PARIMALA, V TI - Reforms in the issue process: A step towards inclusive markets PY - 2013/// KW - STOCK MARKET N2 - An important segment in the Financial system is the primary market which is seen an excellent avenues for companies to raise huge amounts of money as the investment is directly made to the issuer by tapping a cross section of investors unlike thesecondary market where the flow of the money is between the investors buying and selling. However the performance of the primary market in recent times has been characterized with low participation from the retail investors, agressive pricing and irregularities in the allotment process and the destruction of wealth of the investors ER -