Glossary Β· India
SEBI (Securities and Exchange Board of India)
Definition
India's securities regulator, overseeing public markets, IPOs, and the offer-for-sale (OFS) mechanism that structures many Indian secondary exits, from PhonePe to the NSE's own listing.
Why it matters for a secondary
SEBI's OFS framework is the reason so many marquee Indian secondaries β NSE, SBI Funds Management, Zepto β happen as part of a formal IPO process rather than a private, unregulated transfer.
Frequently asked questions
Does "SEBI (Securities and Exchange Board of India)" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules β this term is specific to India. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.