SEBI Compliance Framework In Mainboard IPOS: A Comparative Analysis Based On Case Studies Of Recent IPOS
- IJLLR Journal
- 3 minutes ago
- 1 min read
Riya Chaudhary, BBA LLB (Hons.), Amity Law School, Amity University, Uttar Pradesh
ABSTRACT
In light of the evolving complexity within capital markets and the expanding involvement of both institutional and retail investors, the regulation of Initial Public Offerings (IPOs) in India has seen substantial shifts. As the lead regulatory body, the Securities and Exchange Board of India (SEBI) has established an extensive compliance structure designed to uphold accountability, transparency, and the protection of investors throughout the IPO journey. This research offers a critical analysis of the SEBI compliance regime for mainboard IPOs, specifically focusing on the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
By employing a comparative case study methodology, this paper investigates three significant recent IPOs: Zomato, Nykaa, and the Life Insurance Corporation of India. These examples, spanning various industries and performance results, offer a robust framework for assessing the practical application and efficacy of regulatory standards.
The findings indicate that although the SEBI framework achieves rigorous procedural compliance and high disclosure levels, persistent difficulties remain regarding risk transparency, valuation clarity, and performance following listing. Ultimately, the study proposes policy adjustments intended to bolster regulatory supervision without compromising the efficiency of the market.
Keywords: IPO, SEBI, Zomato IPO, Nykaa IPO, LIC IPO, Listing.
