Mumbai, Aug. 21 -- Securities and Exchange Board of India (Sebi) chairperson Tuhin Kanta Pandey on Thursday suggested exploring a regulated platform for pre-IPO share trading.
Urging intermediaries and stakeholders to weigh the idea, Pandey asked, "Can we think of an initiative on a pilot basis for a regulated venue where pre-IPO companies can choose to trade subject to certain disclosures?" The Sebi chief was speaking at the capital markets conference hosted by industry body Ficci.
While not a formal proposal, the suggestion marks a shift in public discourse around capital market innovation, especially as India's equity markets see arecord pipeline of public listings and retail participation.
With India's IPO market booming- Rs.4.3 tr...
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