SEBI Moots ‘Regulated Venue’ for Pre-Listing Companies:
The Securities and Exchange Board of India (SEBI) has proposed creating a “regulated venue” for trading shares of pre-listing companies.A formalised platform under SEBI oversight where unlisted companies’ shares can be traded before their Initial Public Offering (IPO). Will function as a transparent alternative to the unregulated grey market. Grey Market is an informal market where shares of companies that are about to be listed trade between buyers and sellers based on mutual agreement. Operates outside regulatory purview, lacking transparency and investor protection.
