SEBI’s Buch banks on AI, says regulator will process 1,000 IPOs in 2 years

The Securities and Exchange Board of India (SEBI) is harnessing the power of artificial intelligence (AI) to revolutionise its approach to processing initial public offering (IPO) documents, said Chairperson Madhabi Puri Buch at the Association of Investment Bankers of India (AIBI) Annual Convention.

Buch announced that SEBI is at an advanced stage of creating a standardised IPO template, which aims to simplify the filing process for issuers and merchant bankers. “It’s like a fill-in-the-blanks approach. Anything outside the standard template will…