SEBI eases Start Up listing norms

To encourage listing of startups, Sebi on Friday proposed an easier framework that allows more investor categories, relaxed shareholding norms and reduced trading lot amount. Sebi had mooted changes to the framework of Institutional Trading Platform (ITP), which has not seen much traction, though it was put in place in August 2015.

Seeking to widen the eligibility ambit for getting listed on ITP, Sebi has proposed increasing the category of eligible investors when it comes to shareholding before the listing. Besides QIBs (qualified institutional buyers), family trusts or systematically important NBFCs registered with the RBI, intermediaries registered with Sebi and category III FPIs (foreign portfolio investors) would be considered, subject to certain conditions. more  

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Does SEBI have a system of preventing Stock Market manipulation (read fraud)? It seems that SEBI acts after 3 or 4 years, by when most small stockholders have lost a lot of money (and the fraudsters have minted money) . Is there focus on Prevention rather than Post Mortem? more  
I think it is necessary for the govt. to investigate to ab initio to find out the reasons for the failure so that public can gain confidence. more  
System should without any loop holes & full proof than it is consider to be a good step. more  
Happy to know that SEBI has made the process simple . At the same time ,the system should be full proof & protect our interest . more  
Before NSDL was started, there was no competition to BSE. To help start up and small companies raise capital and also to help retail investors buy and sell stocks easily Over the trade counter (OTC) was started. That also closed and NSDL was born. Now you have internet for retail investors (if they are intelligent). I did invest through OTC then and lost lot of money. People do not change. Habit of start ups is- public money is taken as free money to loot. First from public money SUV will be bought to show off. Beautiful house for self, luxurious furniture for self and then what little remains will actually go into real intention-= production. Obviously that % will be small and huge dividend or multiplication does not happen. Startups close (by looting public money in less than 2 to 3 years). All this happened under SEBI then. Will history repeat? wait and watch my words. ELDER HEALTH CARE is one pharma company in which I invested and do you know status of this company now? OSWAL and Fishing Falcon etc etc- all have gone bankrupt. Not one company from OTC made it big. OTC also wound up!!!!! more  
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