Not all company's can issue shares to the public. SEBI has provided a list of requirements that need to be met by a company if they wish to go public. A company that wishes to go public needs to meet all of the below mentioned criteria…
Entry Norms I or EN I:
1. Net Tangible assets of atleast Rs. 3 crores for 3 full years
2. Distributable profits in atleast 3 years
3. Net worth of atleast 1 crore in 3 years
4. If there was a change in name, atleast 50% of the revenue in the preceeding year should be from the new activity
5. The issue size should not exceed 5 times the pre-issue networth of the company
To provide sufficient flexibility and also to ensure that genuine companies do not suffer on account of rigidity of the above mentioned rules, SEBI has provided 2 alternate routes to company's that do not satisfy the criteria for accessing the primary market. They are as follows:
Entry Norms II or EN II:
1. Issue shall be only through the book building route with atleast 50% allotted mandatorily to Qualified Institutional Buyers (QIBs)
2. The minimum post issue face value capital shall be Rs. 10 crores or there shall be a compulsory market-making for atleast 2 years
Or
Entry Norms III or EN III:
1. The "Project" is appraised and participated to the extent of 15% by FI's/Scheduled Commercial Banks of which atleast 10% comes from the appraiser(s).
2. The minimum post issue face value capital shall be Rs. 10 crores or there shall be a compulsory market-making for atleast 2 years
3. In addition to the above mentioned 2 points, the company shall also satisfy the criteria of having atleast 1000 prospective allotees in future.
The Securities and Exchange Board of India was established on April 12, 1992. SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI. The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in India are governed & regulated by SEBI.The SEBI Governs the following1. New Issues (Initial Public Offering or IPO)2. Listing agreement of companies with Stock Exchanges3. Trading Mechanisms4. Investor Protection5. Corporate disclosure by listed companies etc.The SEBI is headquartered in Mumbai, India and has regional offices in the 4 metros.The reason for creation of SEBI is to take care of these three group of people.1. The Issuers of Securities (The companies)2. The Investors (Us)3. The Market Intermediaries (The brokers, DEMAT providers etc)
the main features of sebi is exchange of securities and developing the securities market
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory form in 1992.
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI.
role of sebi in regulating indian stock market
The Securities and Exchange Board of India was established on April 12, 1992. SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI. The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
IRDA - Insurance Regulatory & Development Authority of India is the National Agency that governs and supervises the Insurance Sector in India. SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI.
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI. The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
its SEBI
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in India are governed & regulated by SEBI.The SEBI Governs the following1. New Issues (Initial Public Offering or IPO)2. Listing agreement of companies with Stock Exchanges3. Trading Mechanisms4. Investor Protection5. Corporate disclosure by listed companies etc.The SEBI is headquartered in Mumbai, India and has regional offices in the 4 metros.The reason for creation of SEBI is to take care of these three group of people.1. The Issuers of Securities (The companies)2. The Investors (Us)3. The Market Intermediaries (The brokers, DEMAT providers etc)
the main features of sebi is exchange of securities and developing the securities market
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI.SEBI stands for Securities and Exchanges Board of India
SEBI stands for Securities & Exchanges Board of India It is the supervisory body that overlooks the operations of the Indian stock market and its related instruments
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory form in 1992.