India has claimed the leading position worldwide in terms of the total number of initial public offerings (IPOs) and issuances, as reported by Ms. Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (Sebi). During her address at FICCI’s 21st Annual Capital Markets Conference 2024 in Mumbai, which focused on “Capital Market Reforms 2.0 for Viksit Bharat,” she highlighted Sebi’s initiatives to streamline IPO documentation and filing processes. To support the listing of startups, Sebi is updating key performance indicators and is developing a simplified IPO document with fill-in-the-blank sections to clarify uncertainties. She also mentioned that Sebi has formed 16 working groups aimed at enhancing transparency and accountability throughout the lifecycle of regulated entities, striving to make documentation clearer and more accessible.
At the same conference, NSE MD and CEO Mr. Ashish Chauhan celebrated the Nifty Index reaching the historic milestone of 25,000 points, a testament to three decades of dedication and progress. He pointed out the impressive rise in investor participation, from 10-20 million to 100 million direct investors, who have contributed a substantial US$ 5.5 billion to the markets. Mr. Chauhan also emphasized India’s significant market capitalization, now the fourth largest in the world, trailing only behind the United States, China, and Japan. He underscored the expanding reach of Indian stock markets, highlighting their growing accessibility and robust development.
