SEBI Chief: Indian Capital Markets Surge with ₹1.7 Lakh Crore Raised Through 311 IPOs
SEBI Chairman Tuhin Kanta Pandey announced significant growth in India's capital markets, with unique investors rising from 4.3 crore in Fiscal 2020 to 13.7 crore currently. The first nine months of the current financial year saw ₹1.7 lakh crore raised through 311 IPOs, with total equity mobilisation exceeding ₹3.8 lakh crore. SEBI introduced revised regulatory frameworks including new stockbroker regulations 2026 and simplified technical glitch reporting requirements, with about 60% of stockbrokers benefiting from reduced compliance obligations under the new eligibility criteria.

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Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey highlighted the remarkable surge in India's capital markets across multiple segments including equity, derivatives, mutual funds, real estate investment trusts, infrastructure investment trusts, and corporate bonds. Speaking at the Association of National Exchanges Members of India 15th International Capital Market Convention 2026 in Chennai, Pandey presented compelling data showcasing the market's robust growth trajectory.
Investor Base and Market Growth
The Indian capital markets have witnessed unprecedented expansion in investor participation and fundraising activities. The growth metrics demonstrate the market's increasing appeal and accessibility to retail and institutional investors alike.
| Parameter: | Details |
|---|---|
| Unique Investors (Fiscal 2020): | 4.3 crore |
| Current Unique Investors: | 13.7 crore |
| IPO Fundraising (9 months): | ₹1.7 lakh crore |
| Number of IPOs: | 311 |
| Total Equity Mobilisation: | Over ₹3.8 lakh crore |
Regulatory Framework Modernisation
Pandey emphasised SEBI's commitment to building a smarter regulatory architecture that balances compliance efficiency with robust investor protection. The regulator has introduced several key initiatives to streamline operations while maintaining market integrity.
SEBI recently notified the stockbrokers regulations 2026, which permits diversification into activities overseen by other financial sector regulators, subject to prescribed safeguards. This regulatory evolution reflects the changing landscape of financial services and the need for integrated oversight.
Technical Glitch Framework Revision
A significant development announced by Pandey was the revised framework addressing technical glitches in stockbrokers' trading systems, issued on Friday. The revamped framework introduces several compliance simplifications specifically designed to benefit smaller stockbrokers.
Key Framework Changes
The new eligibility criteria and reporting modifications include:
- Scope Limitation: Framework now applies only to stockbrokers with over 10,000 registered clients
- Compliance Reduction: Approximately 60% of stockbrokers will move out of this framework, reducing their overall compliance requirements
- Extended Reporting Time: Technical glitch reporting timeline extended from one hour to two hours
- Holiday Consideration: Trading holidays now considered when submitting reports
- Unified Platform: Streamlined reporting to single Common Reporting Platform instead of multiple exchanges
Market Infrastructure Development
The SEBI Chairman's remarks underscore the regulator's focus on removing duplication in compliance processes while safeguarding investor protection and market integrity. The substantial clientele and technology dominance criteria for the technical glitch framework demonstrates SEBI's risk-based approach to regulation.
The diversification permissions for stockbrokers into activities overseen by other financial sector regulators, subject to prescribed safeguards, indicates SEBI's recognition of evolving market dynamics and the need for flexible regulatory frameworks that can accommodate innovation while maintaining appropriate oversight.












































