Professional Documents
Culture Documents
Capital Market
Capital Market
Capital Market Money Market Derivatives market Foreign Exchange market Commodity Market Insurance Market Mutual Fund Market
company can raise money (capital) to fund their operations and long term investment. Selling bonds and selling stock are two ways to generate capital, thus BOND MARKET and STOCK MARKET are considered capital markets.
Capital Market is characterized as the provider of long-term financing.
The instruments used for this long-term financing are equity instruments, insurance instruments, derivative instruments and bonds.
Other examples of capital market instruments include equity, floating
rate bonds, convertible bonds, asset backed securities, mortgage backed securities, and interest rate swaps.
Establishment of Development banks & Industrial financial institution. Legislative measures Growing public confidence Increasing awareness of investment opportunities Growth of underwriting business Setting up of SEBI Mutual Funds Credit Rating Agencies
Options
Margin Lending
Market
Instruments
Intermediaries Regulator
SEBI
Primary
Secondary
Equity
Debt
Players
CRA
Corporate
Intermediaries
Individual
Banks/FI
FDI /FII
Functions Of SEBI
Regulates Capital Market. Checks Trading of securities. Checks the malpractices in securities market. It enhances investor's knowledge on market by providing education. It regulates the stockbrokers and sub-brokers. To promote Research and Investigation
Giltz securities
Derivatives Hedge funds FCCB
which entitles its holder to be one of the owners of the company. A share is issued by a company or can be purchased from the stock market.
The common feature of all these is equity participation & limited in the
Issue of Prospectus
Price Band
Allotment
Listing
Preparation and submission of draft documents to SEBI and obtaining of an acknowledgement card. A specified price band (range) is to be determined by issuer and book runner Different price levels are invited from syndicate members .Adv. Should mention opening and closing dates for the bids Issuer arrives at a final cut-off rate & final allocation in consultation with book runner and lead manager Issuer and book runner may impose restrictions on number of shares that can be allotted to each client Final prospectus is filed with the (ROC) along with procurement agreement Placement portion opens for subscription Placement portion closes a day before the opening of public issue portion
Mangalore Stock Exchange Hyderabad Stock Exchange Uttar Pradesh Stock Exchange Coimbatore Stock Exchange Cochin Stock Exchange Bangalore Stock Exchange Saurashtra Kutch Stock Exchange Pune Stock Exchange National Stock Exchange OTC Exchange of India Calcutta Stock Exchange Inter-connected Stock Exchange (NEW) Madras Stock Exchange
Exchange Vadodara Stock Exchange The Ahmedabad Stock Exchange Magadh Stock Exchange Gauhati Stock Exchange Bhubaneswar Stock Exchange Jaipur Stock Exchange Delhi Stock Exchange Assoc Ludhiana Stock Exchange