Promoter

Mon, 18 May 2026 00:00:00 +0000

A promoter in Indian capital markets is the natural person, body corporate, or group of persons that is in control of an issuer company at the time of an Initial Public Offering (IPO), or that has been responsible for the issuer’s formation or business development. The promoter concept is the cornerstone of the Indian primary-market regulatory framework: every listed Indian company has identifiable promoters with specific contribution, lock-in, and disclosure obligations under the SEBI (ICDR) Regulations 2018 , the SEBI (LODR) Regulations 2015 , and the SEBI Takeover Regulations. The promoter framework was designed to ensure that the controlling shareholder retains skin-in-the-game beyond the IPO and that the public investor can identify accountable controllers of the listed entity.

Promoter on WebNotes

Promoter