VidhiAagaz
International Journal ofLaw Management & Humanities
ISSN 2581-5369 · Open access
International Journal ofLaw Management & Humanities
Open accessResearch PaperVol. 5 No. I (2022)pp. 999–1003

Reviewing the Traditional Concept of Promoter and Promoter Group

SB
Sudipto BoseStudent at KIIT School of Law, India.
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Published 24 January 2022 · pp. 999–1003 · Vol. 5 No. I (2022)
Abstract

According to the data released by the National Stock Exchange (NSE), from January 2020- December 2021 i.e, amidst the global Covid-19 Pandemic, 78 companies have taken the Initial Public Offering (IPO) route to get listed on domestic stock markets. To put things into perspective, 63 companies have already taken the IPO route in 2021 and 15 companies in 2020, the calendar year of 2020 and 2021 is already seeing an increase percentage of IPO's by 47.04% when compared to 2018 and 2019 , all of this at a time when the pandemic is disrupting economic activities, companies are forced to shut their business voluntarily which continues to wreak havoc on India's economy. The objective of this research paper is to comprehend how the watchdog of Indian capital market, Security Exchange Board of India (SEBI) is bringing about systematic changes, to balance out the shift taking place in the market, and to develop an environment where increasing number of companies are motivated to pursue the IPO route to get listed on domestic stock markets.

Keywords
National Stock ExchangeCovid-19Initial Public OfferingListed

How to cite

Sudipto Bose, Reviewing the Traditional Concept of Promoter and Promoter Group, 5 Int'l J. L. Mgmt. & Human. 999 (2022).

Cite this article

Sudipto Bose, Reviewing the Traditional Concept of Promoter and Promoter Group, 5 Int'l J. L. Mgmt. & Human. 999 (2022).
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