The market regulator has, at several intervals, issued frameworks on the usage of price data in a bid to prevent the proliferation of online gaming platforms, apps and websites
Separate business units, sandbox timelines part of proposed changes
Insurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000-crore initial public offering (IPO) anywhere between March and April, people familiar with the development said on Tuesday. The company had confidentially filed its preliminary IPO papers in September and received Sebi's approval in December to move ahead with the public issue. Following Sebi's approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then RHP for the actual launch. According to people familiar with the development, the insurtech firm is targeting a public listing by April. Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, the company focuses on simplifying the purchase and management of insurance ..
Former Sebi chief M Damodaran warns the securities market code may dilute investor protection, rely on delegated legislation, and create a top-heavy regulator
Hindustan Laboratories' proposed maiden public issue comprises a fresh issue of 5 million equity shares and an OFS of 9.1 million equity shares of face value ₹10 each
Chartered Speed is a passenger mobility company in India with an operational bus fleet of over 2,000 vehicles as of June 30, 2025
Mutual funds pumped a record ₹4.9 trillion into equities in 2025, driven by strong SIP inflows and retail participation despite volatile markets
SEBI proposes phased net worth norms for merchant bankers, tightening risk controls as India's IPO market continues its rapid expansion
Sebi chairman Tuhin Kanta Pandey said the regulator is planning a working group for a technology roadmap for market infrastructure institutions and is developing new AI tools for supervision
Stock exchange plans to hire executive directors for critical operations, regulatory and business roles as Sebi tightens governance norms for market infrastructure institutions
Market regulator Sebi has given its observations for eight initial public offerings, including confidential filings by Indira IVF and Rays of Belief, paving the way for their proposed listings
With a batting line-up of infra spending, digital strength and manufacturing, the index is geared for a high-scoring second innings of long-term growth
As the Sensex turns 40, BSE MD Sundararaman Ramamurthy explains how the index mirrors India's journey from a closed economy to a global market powerhouse
In a 142-page order, the market regulator has also directed disgorgement of over Rs 98.78 lakh identified as illegal gains and imposed a penalty of Rs 1.85 crore on the individuals
Ashika Group on Wednesday announced that it has received in-principle approval from the markets regulator, Sebi, to launch mutual funds. This move allows the company to proceed with establishing an Asset Management Company (AMC) and preparing for the launch of mutual fund schemes, subject to fulfilling Sebi's final registration requirements and conditions, Ashika Group said in a statement. Ashika Group's foray into mutual funds builds on its experience across capital markets and financial services, including retail & Institutional broking, investment banking, research advisory, global family office services, Alternative Asset Management and Private Equity. "The launch of Ashika Mutual Fund is a natural extension of our vision to contribute meaningfully to India's evolving asset management ecosystem," Pawan Jain, Chairman & Managing Director, Ashika Group, said. The proposed fund house aims to offer a range of investment schemes tailored to diverse investor needs.
IPO and SME IPO fundraising hit record highs in 2025 despite market volatility, while rights issues surged and QIPs fell sharply amid FPI selling and elevated valuations
OYO's parent PRISM has filed confidential draft IPO papers with Sebi to raise up to Rs 6,650 crore, reviving listing plans shelved earlier amid global market volatility
Vishal Nirmiti comprises a fresh issue of equity shares of face value ₹10 each aggregating up to ₹125 crore and an OFS of up to 1.5 million equity shares
As many as four companies, including Knack Packaging and Shivalaya Construction, have secured Sebi's approval to mobilise more than Rs 1,400 crore collectively through initial public offerings (IPOs), data with the markets regulator showed on Monday. Others which received regulatory nod are -- tiles and bathware maker Varmora Granito and Behari Lal Engineering. The four firms, which filed their preliminary IPO papers between August and September, obtained its observations during December 15-26. In Sebi's parlance, receipt of observations is equivalent to regulatory clearance to proceed with a public issue. On the other hand, Infifresh Foods, which filed its draft papers with Sebi in August using the confidential route, withdrew its prospectus, the update showed. According to the draft papers, packaging solutions provider Knack Packaging's IPO comprises fresh equity issue of Rs 475 crore, along with an offer for sale (OFS) of 70 lakh equity shares by promoters and an existing ...
Deepa Jewellers has filed preliminary papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The Hyderabad-based company's proposed IPO will be a combination of a fresh issue of shares worth Rs 250 crore along with an offer for sale of 11,848,340 shares by promoters-- Ashish Agarwal and Seema Agarwal, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. Proceeds from its fresh issuance worth Rs 215 crore will be utilised for funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the company, and general corporate purposes. Incorporated in 2016, the company is an organised B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. The company designs, processes and sells a wide range of jewellery, operating through an outsourced manufacturing model, supported by a network of