This article explores the strength of the retail investors’ protection regime in India and verifies whether it can withstand vulnerabilities that put retail investors in a precarious position. Delving upon two major causes of vulnerabilities, i.e. concentrated shareholding pattern in the listed public companies and the passive nature of retail investors, this paper establishes the veracity of these claims through the use of data collected from a sample of BSE top thirty companies to establish the effect it brings. This article also evaluates the efficacy of borrowed legislative techniques from other corporate governance regimes to protect investors in companies incorporated in India. Finally, it concludes by highlighting the deficiency in the enforcement system and demonstrating how the Indian corporate regime has failed to plug the vulnerabilities that affect retail investors and provides recommendations to reform the system to safeguard their interests.