Page 62 - Sebi

Small steps to equity: Lowering SIP threshold should increase penetration

While Sebi may be prepared to subsidise the scheme to some extent, there would still be little headroom to publicise the sachet schemes or invest in distribution

Gaekwad's Religare counter offer beyond Sebi's 15-day window: Burmans

In a statement, a spokesperson for the Burman family said Gaekwad has not made any competing open offer

Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO

Shreeji Shipping Global Ltd, which provides shipping and logistic solution for dry bulk cargo, has filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The IPO is entirely a fresh issue of 2 crore equity shares, according to the draft red herring prospectus (DRHP). The company is planning to use Rs 289.4 crore out of the IPO proceeds for acquisition of dry bulk carriers in the supramax category in the secondary market, and further use Rs 19.5 crore for repaying debt. As of September 2025, the company had a total borrowings of Rs 264.54 crore, the draft papers filed on Friday showed. The flagship company of Jamnagar-based Shreeji Group primarily focuses on non-major ports and jetties, particularly along the west coast of India. Until September 2024, it has provided services at more than 20 ports and jetties including major Indian ports at Kandla, non-major ports at Navlakhi, Magdalla, Bhavnagar, Bedi and Dharma

Sebi launches digital knowledge repository 'Dharohar' on Republic Day

Capital markets regulator Sebi on Sunday said it has launched a digital knowledge repository, "Dharohar - Milestones in the Indian securities market", on the occasion of the country's 76th Republic Day. The securities market, known for its diverse products, participants, and institutions, has a long-standing history of organised trading over the past 150 years, Sebi said. "Dharohar has been designed to document and showcase this rich heritage and evolution of the Indian securities market," the regulator said in a statement. The repository features a website that also includes an interactive timeline of significant events and 3D galleries, offering an engaging experience to visitors, it added. It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions. With over 3,000 assets, Dharohar documents the market's journey

US businessman Gaekwad takes on Burmans in Religare takeover battle

The counter offer of Rs 275 a share in cash was made late Friday evening, just two days before the open offer of Rs 235 a share made by the Burman family of the Dabur group opens on Monday

Assessing fund performance: Run the numbers, then do qualitative checks

Rely on multiple metrics to derive a holistic picture of performance. Also, compare a fund's performance with its category peers or the appropriate benchmark

Market regulator Sebi bars Suumaya Industries' promoters for alleged fraud

Inflated financials fuelled 200x gain in stock price

PC Jeweller settles Sebi case for Rs 7.23 crore over LODR violations

Sebi had issued a show-cause notice to the company in February 2024 for allegations of non-disclosure or delayed disclosure of defaults on loans

Religare's independent directors say Burmans' open offer price low

Shareholders must evaluate the offer carefully and also not the conditions RBI has set for it, they say

EPack Prefab Tech files IPO papers to raise Rs 300 cr via fresh issue

EPack Prefab Technologies has filed draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The IPO comprises fresh issues of shares worth Rs 300 crore and an Offer For Sale (OFS) of 1 crore shares by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday. The Greater Noida-based company may consider raising Rs 60 crore in a pre-IPO placement round. If such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the extent of Rs 101.62 crore will be used for setting up a new manufacturing facility at Ghiloth Industrial Area at Alwar in Rajasthan; Rs 58.10 crore for expansion of the existing manufacturing facility at Mambattu in Andhra Pradesh for increasing the pre-engineered steel building capacity; Rs 70 crore for payment of debt and a portion will be used for general corporate purposes. Incorporated in 1999, EPack Prefab Technologies provides Pre-Engineered Building (PEB) .

No grey areas: Regulated trading before listing will increase transparency

Transaction prices on the grey market are opaque and impossible to verify

Market regulator Sebi to ease rules for i-bankers' Gift City transition

IFSCA, Sebi hold talks to boost bankers' presence and direct listing at IFSC

Karamtara Engineering files draft papers with Sebi for Rs 1,750 cr IPO

Power transmission firm Karamtara Engineering has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,750 crore through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of shares valued at Rs 1,350 crore and an offer for sale (OFS) of shares worth Rs 400 crore by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. As a part of the OFS, promoters --Tanveer Singh and Rajiv Singh -- are offloading shares worth Rs 200 crore each. Overall, promoters hold 94.8 per cent stake in the company at present. Proceeds of the fresh issue to the tune of Rs 1,050 crore will be used towards payment of debt and a portion will be utilised for general corporate purposes. Karamtara Engineering is a backward integrated manufacturer of products for renewable energy and transmission lines sectors. It offers a diverse product portfolio which enables it to serve as a one-stop shop for solar structures ...

HDB Financial Services faces regulatory hurdles amid $1.5 billion IPO plans

HDB Financial Services is under scrutiny for alleged companies act violations linked to a $1.5 billion ipo. sebi's findings could lead to penalties or delays in ipo filings, impacting hdb's compliance

Sebi proposes Rs 250 SIPs with subsidised charges, incentives for inclusion

In a consultation paper released on Wednesday, Sebi outlined measures to address the cost concerns associated with smaller SIPs

Kent RO Systems files for IPO, promoters to sell over 10 million shares

The offer, which includes up to 10,094,568 equity shares, is aimed at achieving the benefits of listing on stock exchanges

Samir Modi purchased 250 GPI shares in Sebi norm breach: Godfrey Phillips

This development is the latest in the ongoing family and company dispute, in which Samir and his brother Lalit are contesting their mother Bina over an inheritance

Market regulator Sebi plans steps to curb grey mkt trading in IPOs

Platform for trading in shares before listing on the anvil; regulator also worried about misuse of IPO proceeds

Bankers shouldn't get bad companies to markets who misuse IPO money: Buch

Sebi Chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has found "egregious misuse" of funds raised through initial public offerings (IPOs) by certain companies and urged investment bankers to desist from helping such entities access the capital markets. Even before the term "agentic artificial intelligence" was coined, Sebi had been working on a tool based on that concept to process IPO documents faster, Buch said. Speaking at an event organised by Association of Investment Bankers' of India (AIBI), Buch said the i-bankers know exactly when they are bringing a "pump and dump" company to the market. "You (i-bankers) should not bring a bad company to the market," she urged the audience comprising rainmakers. There are markers like the high fees being paid to the banker, or the company having less or no staff at all or no visits by the bankers to the facilities of a company which speak loudly about the intent behind an issuance and it being a "pump and dump"

Sebi to start pre-listing trading in IPO to curb grey market activity: Buch

Sebi is looking at introducing a system where an investor can sell shares as soon as they are allotted in an Initial Public Offering (IPO) to curb grey market activity, chairperson Madhabi Puri Buch said on Tuesday. The chief of the capital markets regulator also announced that the top two proxy advisory firms are on the verge of launching a portal which will be a repository of related party transactions and will be useful in judging the governance standards in a company for any stakeholder. It can be noted that many IPOs in the recent past have seen very high subscriptions, and many of the issuances have also made huge listing-day gains which result in the grey market activity of passing on allotted shares. Buch, an i-banker turned markets regulator, reminisced that during her banking days, this grey market activity used to be called "curb trading". "We feel that if anyway investors want to do that, why not give them that opportunity in a proper regulated way?" Buch said, addressi