We are in the midst of a booming capital market in terms of issuances, and various factors are driving the same. We have seen close to $ 30 – 40 billion invested each year since the last strong capital market in 2007-08 by private equity/venture capital investors in many interesting companies. As these companies have matured and the private investors seek to exit, the public market investors (institutional as well as retail) are getting very different flavours of businesses from waste management, wealth management, online food services, and many more.
SEBI’s attempts at streamlining the capital raising process
In these dynamic times, SEBI has proactively tweaked many of its regulations this past year. It continues to review some of the existing regulations to streamline processes, engender flexibility, and in general, make the capital raising process easier and more efficient. Here are the following aspects to look into:
The IPO process has come a long way in the level of disclosures and efficiency since my first IPO in 1999, thanks to the proactive and continuous engagement with all stakeholders by SEBI. On the back of that, we see this year going to be one of the best years for capital markets in the last two decades!