The Securities and Exchange Board of India will shortly revise norms for public offers and unveil a slew of products for secondary and derivative markets.
"Sebi is taking steps to streamline IPO (initial public offer) norms to help Indian companies compete globally and make follow on public offers more efficient and quick to make markets compete in capital raising (exercise) with international markets," Sebi executive director Pratip Kar told the Indo-US Economic Summit in New Delhi on Thursday.
He said the IPO disclosure and other market disclosure norms in India ranks best globally and that was one of the reason why US pension major CALPERS entered India.
The market regulator is currently reviewing the risk management system to make the secondary market more vibrant.
"Sebi is planning to put in place new systems and new products in next few months that will make the secondary market trading more efficient," Kar said.
The regulator is planning to overhaul the derivative trading by taking measures to improve it and by introducing new products.
He said more steps are being taken to develop corporate debt market to complement the equity market.
On the corporatisation and demutualisation of stock exchanges, including the Bombay Stock Exchange, the Sebi official said it has happened in India in shorter time than in any other country.
"By the next financial year, the necessary infrastructure will be in place for fully demutualisation," he said, adding that Sebi is putting utmost emphasis on market safety and integrity.