Whalesbook
SEBI ne IPO ki Size ko le kar di badi Rahat
Dekho, India ke stock market regulator, SEBI, ne companies ko IPO laane mein aur bhi zyada flexibility de di hai. Rules change hue hain jisse companies apna target fundraising 50% tak ghata sakti hain, bina kisi bade refiling process ke. Yeh rule un companies ke liye hai jo Middle East mein chal rahe crisis aur global geopolitical instability ke karan market mein aane wali volatility se pareshan hain.
Market ki Tensions bani SEBI ke is move ki wajah
Global mein jo tensions chal rahi hain, especially Iran ko lekar, usse crude oil prices badh gaye hain aur India VIX jaise volatility indices bhi high ho gaye hain. Is wajah se FIIs (Foreign Institutional Investors) ne India se lagbhag ₹1.9 lakh crore nikaal liye hain ab tak 2026 mein. Iske karan companies ke liye planned jitna paisa raise karna mushkil ho gaya hai. India mein ₹3 lakh crore se zyada ke IPOs line mein hain, par market uncertain hai. SEBI ka yeh naya rule unki listing ko rukne se bachayega.
SEBI ne pehle bhi flexibility dikhai hai, jaise April 2026 mein IPO approval letters ki validity September 30, 2026 tak badha di thi.
Companies ab Listing par zyada focus karengi
Experts ka kehna hai ki companies ab sirf paisa raise karne ke bajaye stock market mein list hone ko prefer karengi. Ho sakta hai woh existing shareholders ke shares sell karne (offer-for-sale) ka portion kam kar dein. SEBI ne COVID-19 ke time 2020 mein bhi aisi flexibility di thi.
Market Stability ko lekar Concerns
Par yeh rule yeh bhi dikhata hai ki investors ab utna paisa lagane ko ready nahi hain ya phir company ko high valuation nahi de rahe. Geopolitical tensions ke karan FIIs ka outflow aur commodities mein price swings jari hain, jo investor confidence ko hit kar rahe hain. IPO approval time badhana ek help hai, par market ke core problems solve nahi karta. Kuch naye listed stocks already apne IPO price se neeche trade ho rahe hain, jo cautious investors dekh rahe hain.
IPO Market ka Future abhi bhi Uncertain
SEBI ka yeh move IPO market ko active rakhne mein help karega. Lekin market ka pura recovery geopolitical situation stable hone par, FIIs ke wapas aane par aur overall market sentiment improve hone par depend karta hai. Jab tak global risks kam nahi hote, IPO market ka future uncertain hi rahega.