India holds the top spot globally for the total number of IPOs (initial public offerings) and issuances, according to Securities and Exchange Board of India (Sebi) Chairperson, Ms. Madhabi Puri Buch. Speaking at FICCI’s 21st Annual Capital Markets Conference 2024 in Mumbai, themed ‘Capital Market Reforms 2.0 for Viksit Bharat,’ She emphasized Sebi’s efforts to simplify IPO documents and filing templates. To facilitate the listing of startups, Sebi is revising key performance indicators. “We are creating a demystified IPO document… it will have fill-in-the-blank sections,” she said, adding that separate columns will address any uncertainties. Highlighting their commitment to ease of business, she mentioned that Sebi has established 16 working groups to ensure transparency and accountability throughout the lifecycle of entities under their jurisdiction. The goal is to make documents precise and free from complex language.
At the same event, NSE MD and CEO Mr. Ashish Chauhan remarked on Nifty reaching the record 25,000-point mark, attributing this achievement to 30 years of hard work. He noted the growth from an initial 10-20 million investors to 100 million direct investors today, who have collectively invested US$ 5.5 billion into the markets. He also pointed out India’s significant market capitalization, now the fourth largest globally, following the United States, China, and Japan. “Indian stock markets are reaching out to the people in India,” he said, underscoring the market’s broadening reach and robust growth.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
