Capital market regulator Sebi has granted approval to four companies to launch their IPOs, paving the way for new activity in the primary market pipeline. The approved proposals include offers from Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers.Of the four, Integris Medtech will launch one of the bigger issues. The company, described as […]
The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate issued by capital markets regulator Sebi for the proposed IPO of the National Stock Exchange. This removes a legal hurdle in the exchange’s long-delayed listing plans.Justice Jasmeet Singh dismissed the plea filed by former judicial officer KC Aggarwal, noting that the petition […]
India dominated global primary market activity in November, surpassing initial public offering (IPO) volume with 22 listings during the month. It also ranks second in terms of funds raised, behind only China, with public offerings worth $3.7 billion, compared to $6.3 billion in the dragon nation and ahead of the US at $2.4 billion.The global […]
India’s capital markets regulator Sebi on Wednesday approved a slew of proposals related to initial public offerings. The regulator has taken action to make new IPOs more understandable and structurally cleaner, especially for retail investors, by approving a series of changes to the IPO rulebook at the latest board meeting.One of the most significant changes […]
Mumbai: Only about a quarter of the equity raised through IPOs is set aside for capital expenditure, while most of the funds are used to repay debt, invest in subsidiaries and reduce working capital borrowings, according to a research paper written by Madan Sabnavis, chief economist of Bank of Baroda (BoB). The study, which analyzed […]
Markets regulator Securities and Exchange Board of India (Sebi) is at an advanced stage of a comprehensive review of stockbroker regulations, while preparatory work for the Settlement and LODR regulations has begun and public consultations will follow, chairman Tuhin Kanta Pander said at a CII event on Monday.Rules for stock brokers were 30 years ago […]
In a movement that was aimed at broadening the pool of long-term institutional investors in initial public offers (IPOs), the Securities and Exchange Board of India (SEBI) changed the ICDR instructions on Friday to extend the participation of the investors of the Interior Investment Fonds. Read also: Sebi facilitates minimum public offer standards, minimum timelines […]
BSE Index Services, a full subsidiary of the BSE, has launched a new benchmark – the BSE Capital Markets Index, aimed at recording the performance of companies active in the Indian capital marking industry. The index is designed to measure the return of all companies classified in the context of the capital markets segment, according […]