SEBI Full Form - What is SEBI?

SEBI Full Form - What is SEBI?

SEBI Full Form, what is the full form of SEBI, what is SEBI, what is SEBI, full name of SEBI and what it means in Hindi, you will get answers to all such questions in this post.

SEBI Full Form

SEBI has full form Securities and Exchange Board of India . It is called the Securities and Exchange Board of India ( भारतीय प्रतिभूति एवं विनिमय बोर्ड ) in Hindi. SEBI was established on 12 April 1988 as a non-constitutional body. After the establishment of SEBI, on 30 January 1992, the Government of India gave SEBI a Constitutional status through an ordinance in Parliament. The headquarters of SEBI is located in Mumbai. And SEBI also has some regional offices which are located in Delhi, Chennai, Kolkata and Ahmedabad. In this way, the headquarters of SEBI is located in four metros apart from Mumbai and its regional office.

SEBI is managed by its members. The entire management of SEBI consists of 6 members, out of which one member is the chairman and the other five members are of different functions.

Functions of SEBI

The functions and powers of SEBI are listed in the SEBI Act, 1992. SEBI caters to the needs of three parties operating in the Indian capital market. These three participants are mentioned below

  • Issuers of the Securities - Security issuing companies are listed on the stock exchange. Most companies issue shares to raise funds. SEBI ensures that the initial public offering IPO and subsequent public offer FPO issuance can be in a healthy and transparent manner.
  • Protects the Interests of Traders & Investors - Capital markets are working only because traders exist. It is a fact that. SEBI is responsible for protecting its interests and ensuring that investors do not fall prey to any stock market fraud or manipulation.
  • Financial Intermediaries - SEBI acts as an intermediary in the stock market to ensure that all market transactions are secured and in a smooth manner. SEBI monitors every activity of financial intermediaries such as brokers, sub-brokers, NBFCs, etc.

Powers of SEBI

The Securities and Exchange Board of India has been conferred with some broad powers to be able to function efficiently and to have a certain control over the market.

  • Quasi judicial can hold SEBI hearings with this right and pass ruling ruling in cases of unethical and fraudulent trade practices. SEBI ensures transparency, fairness, accountability and credibility in the capital market. The SEBI PACL case is an example of this power.
  • SEBI can also inspect books of accounts for financial intermediaries.
  • SEBI can also inspect the books of accounts of any stock exchange to check for irregularities. If SEBI demands, such stock exchanges will have to provide any accounts, books, documents as per request.
  • SEBI can ask any company to list its shares on more than one stock exchange if they believe it will be more beneficial to the market.

Establishment of SEBI

SEBI was established in 1988, then the initial capital of SEBI was 7.5 crores meaning SEBI was established for Rs 7.5 crores. And this was the capital given by the three major companies IDBI ICICI and IRCI by these three companies gave an amount of Rs 7.5 crore to SEBI at that time.

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