IPO of regulatory body

No., ICSI/ICAI/ICMAI Or other institutes, are not profit oriented entities, they are regulator on their own set up by act of Parliament, So I don't think so Educational Institute can bring IPO, Like For ICSI authority is MCA and sure for others,even assume for second they brought their debt securities to be listed, then I don't think so anyone will subscribe it...Its not a company Like SBI, But future is dynamic and may be that IIM/IIT/ ICSI/ICAI /ICMAI May get their debt securities listed on Education stock exchange (But it seems impractical)...

Originally posted by : Chirag
	No., ICSI/ICAI/ICMAI Or other institutes, are not profit oriented entities, they are regulator on their own set up by act of Parliament, So I don't think so Educational Institute can bring IPO, Like For ICSI authority is MCA and sure for others,even assume for second they brought their debt securities to be listed, then I don't think so anyone will subscribe it...Its not a company Like SBI, But future is dynamic and may be that IIM/IIT/ ICSI/ICAI /ICMAI May get their debt securities listed on Education stock exchange (But it seems impractical)...

Law does not works on what Ur thoughts are. Just stick to the question is it allowed for such institute to bring in an IPO

Originally posted by : harshit mehta
	can any regulatory body I.e. Icai or Icsibring an ipo? as these bodies are covered in #1(4)(f) of companies act 2013 as body corporate.

Regulatory bodies are governed by special Acts so they cannot come up with ipo. 

@ Harsh Shah, The query was "OUT OF BOX" ,so, I also Gave "OUT OF BOX " answer.

Thanks Heet Shah and Chirag.