11. Outlook For 2019

The reform initiatives recently undertaken in the realm of capital markets is likely to see an active market for IPOs even in the year 2019.

With such favourable regulatory environment, there are greater chances of the markets becoming more attractive to both domestic and foreign investors with current investment pattern providing comfort in the long run. SEBI, as a torchbearer of the capital markets, by maintaining higher regulatory standards has demonstrated the depth and maturity of the Indian capital markets and is gradually helping restore investor confidence.

Barring the threat of external factors such as the global cues and the forthcoming general elections, there still remains a strong pipeline of drafts filed with the regulator to look forward to in 2019.