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SEBI Planning for IPO: If you are also investing in the stock market and IPO, then now SEBI is going to make some changes related to it. Stock market regulator SEBI is now preparing to introduce an easy way for companies to apply for IPO. In the new method, companies will have to fill the relevant information in the blank space in the relevant form. This will make it easier for investors to understand the company's information and SEBI will also take less time in investigation as compared to the present time.
I am also ready to take help from AI
Apart from this, SEBI chief Madhavi Puri Buch said that SEBI is also preparing to take the help of AI for the approval of IPO. SEBI is preparing a form to be filled by the companies preparing for IPO. This will reduce the time taken to get the IPO approved and it will be easier for investors to understand the information about the company. The new form will also give companies a place to explain the complexities related to the offer separately.
Many companies had applied for IPO with SEBI
The SEBI chief said that it will be very easy to understand the new form. If there is any difference, it can be explained separately. The SEBI chief said this in a program organized by industry organization FICCI. According to sources, many companies have applied to SEBI for IPO at this time. These companies want to raise a total of Rs 80,000 crore from the market. Due to such applications, SEBI has to stop its other work and engage its employees in IPO related work.
There will be no need to take two types of approval
SEBI is also working on such a process. This will eliminate the need for companies to take two types of approvals to raise money in the stock market. Currently, companies have to take separate approvals for rights issue and preferential issue. Now SEBI wants that all the information should be in a single form and approval should take half the time. This will also save companies money because they will need fewer middlemen.
Later in the conference, SEBI member Kamlesh Chandra Varshni said that SEBI will soon issue a document seeking suggestions on bringing financially influential people under the rules. Its purpose is to control those who currently do not fall under the purview of SEBI rules. SEBI has adopted several methods to simplify the IPO process. Madhavi Puri Buch said that a thorough investigation of KYC is necessary for the safety of the country's stock market.