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Indian Market, Regulation & Taxation

SEBI

The Securities and Exchange Board of India, the statutory regulator of India's securities markets.

How it is identified Test: the entity or activity falls within the securities market, bringing it under SEBI's registration, disclosure and enforcement powers
Unit qualitative

In depth

SEBI's mandate is threefold: protecting investors, developing the market and regulating it, and those aims sometimes pull against each other. It registers intermediaries, frames regulations for listing, disclosure, takeovers and insider trading, and has powers to investigate, penalise, disgorge and bar participants. Its registration is the single most useful check available to an investor — any adviser, research analyst or broker should hold one, verifiable on SEBI's own site in a minute. SEBI regulates the market's conduct; it does not approve any security, guarantee any return, or vet whether an investment is suitable.

Worked example

An entity offering guaranteed returns on stock tips without a SEBI registration is operating outside the framework. The registration check takes a minute on SEBI's public database, and its absence is decisive on its own.

Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.

Educational reference only

This entry explains what “SEBI” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.