Chennai, Dec 1 (UNI) Indian markets regulator have begun the process of reviewing the listing regulations, said a top official.
Speaking to the reporters here today Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey, said the process to carry out a comprehensive review of Listing Obligations and Disclosure Requirements (LODR) to better ease of doing business has begun.
Pandey said several suggestions has been received mostly around the new age companies and the entire process would take about four to six months.
He said suggestions were received on filing of compliance reports on a single portal instead of multiple ones.
On the issue of pricing and valuations of initial public offerings (IPO) by the new age companies, Pandey said the price discovery is for the market and the investors.
According to him, SEBI plans to for a condensed or summarised version of offer documents for the investors to understand easily.
Pandey said the southern states have huge potential to tap into the capital markets. More number of micro, small and medium
enterprises (MSME) should come to the capital markets. Many good companies are not there in the capital markets.
He said the southern states are as one of the principal growth engines of the national economy, contributing approximately 30 per cent of India’s gross domestic product.
He noted that Tamil Nadu, Karnataka and Telangana consistently rank among the top states in mutual fund assets under management and exhibit securities-market penetration levels well above the national average, placing the region at the heart of India’s Viksit Bharat vision by 2047.
Pandey said that equity capital raised between April and October FY26 has already crossed Rs. 2.5 lakh crore while corporate bond issuances have touched nearly ₹5.5 lakh crore during the same period.
With 186 IPOs garnering around Rs. 700 billion, India continues to rank first globally in the number of IPOs and third in terms of value raised. Outstanding corporate bonds now stand at nearly Rs.55 lakh crore, approaching 60 per cent of bank credit, signalling a healthy diversification of funding sources for Indian enterprises.
