On Friday, exasperated above the planting of articles and unlawful commercials in the sew to a company's public offer, capital market watchdog, SEBI, dragged up merchant bankers and expressed that it is bearing in mind and swaying out along with the revived standards on IPO advertisements.

According to SEBI's executive director, Usha Narayanan, a large number of data/ articles are sowed and it is not covered in the DRHP (Draft Red Herring Prospectus) at present, the SEBI have to take slash down and propel it to investment bankers.

She added that they will not bear this all the time and will be taking out the standards and guidelines for the same. For this they shall be preparing a paper at present, whilst adding that SEBI is not in favor of commercials by the groups and the firms as per previous performances.

Self- adaptation is healthier or if they wish that SEBI should come out with the standard guidelines.

Further she questioned the audience encompassing of merchant bankers. Narayanan voiced that the market watchdog is taking into consideration and coming out with amended guidelines for rights issue by firms/organizations that have issued IDR.

Application backed by Blocked Amount standards utilized during public offers and sector- precise revelation norms. Narayanan expressed that there might be rights issues by few IDR companies striking the market almost immediately.