India’s capital markets have expanded significantly over the past decade, marked by broad-based growth across equities, derivatives, mutual funds, REITs, InvITs and corporate bonds, the Securities and Exmodify Board of India (Sebi) Chairman, Tuhin Kanta Pandey, stated on Saturday.
Addressing the Association of National Exmodifys Members of India (ANMI) 15th International Capital Market Convention 2026 in Chennai, Pandey highlighted the scale and depth the markets have achieved, noting that the number of unique investors has surged from 4.3 crore in FY20 to 13.7 crore at present.
In the first nine months of the current financial year, Indian markets have witnessed robust primary market activity, with 311 initial public offerings (IPOs) raising approximately Rs 1.7 lakh crore, while total equity mobilisation has already crossed Rs 3.8 lakh crore.
Pandey also underscored ongoing regulatory reforms aimed at building a smarter and more efficient framework, which streamlines compliance, rerelocates duplication and strengthens investor protection and market integrity. Recent measures include the notification of the Sebi Stockbrokers Regulations 2026 and a revised framework to address technical glitches in electronic trading systems.
The revised framework is expected to ease compliance for compacter stockbrokers by applying only to those with a significant client base and technological footprint, simplifying reporting requirements and extconcludeing timelines for glitch reporting.
Market analysts view the surge in IPO activity and investor participation as reflective of India’s increasingly mature capital markets, supported by strong domestic demand, improved market infrastructure and regulatory initiatives designed to enhance ease of doing business.
India’s richer capital market ecosystem is seen as a critical enabler for corporate growth and investment, offering diversified financing avenues for companies and broadening investment opportunities for participants across the economic spectrum.
Leave a Reply