How can I list my company in NSE?
NSE (National Stock Exchange) Listing Process
- Company must be registered as a Public Company under Companies Act 1956 or Companies Act 2013.
- Company should be at least 3 years old and 2 years should be positive net worth.
- Post issue paid-up capital should not be more than 25 Cr.
- Documents requirement for NSE Listing.
What is the procedure for listing of securities?
A company, desirous of listing its securities on the Exchange, shall be required to file an application, in the prescribed form, with the Exchange before issue of Prospectus by the company, where the securities are issued by way of a prospectus or before issue of ‘Offer for Sale’, where the securities are issued by way …
What is listing and its types?
Types of Listing of Securities 1. Initial listing: Here, the shares of the company are listed for the first time on a stock exchange. 2. Listing for public Issue: When a company which has listed its shares on a stock exchange comes out with a public issue.
Which is the last step of the listing process?
Public filing of these forms is the final step for this IPO process.
What are the problems in listing of securities?
The management might enter into an agreement with brokers to artificially increase prices before a fresh issue and benefit from that. Common public might be induced to buy shares in such companies, ultimately the prices would crash and the common investors would be left with worthless stock of securities.
What is an ACE market?
ACE Market is a sponsor-driven market designed for companies with growth prospects. It was formerly known as the MESDAQ Market prior to 3 August 2009. It is accessible only to sophisticated investors (as prescribed under the Capital Markets and Services Act 2007).
How do I get my company listed?
As per Section 73 of the Companies Act, 1956, a company seeking listing of its securities on BSE is required to submit a Letter of Application to all the stock exchanges where it proposes to have its securities listed before filing the prospectus with the Registrar of Companies.
What are the pre-requisites for listing securities with NSE?
An applicant who desires listing of its securities with NSE must fulfill the following pre-requisites. Qualifications for listing Initial Public Offerings (IPO) are as below: The paid-up equity capital of the applicant shall not be less than 10 crores * and the capitalization of the applicant’s equity shall not be less than 25 crores**
What are the requirements to apply for a stock exchange listing?
The applicant company should have been listed on any other recognized Stock Exchange for at least last three years or listed on the exchange having nationwide trading terminals for at least six months.
What are the norms for listing after six months of IPO?
If the company approaches the Exchange for listing after six months of an IPO, the norms for existing listed companies may be applied and market capitalisation be computed based on the period from the IPO to the time of listing. The net worth of the applicant company shall be more than ₹ INR 75 Cr* in each of the 3 preceding financial years.
What are the requirements to apply for a SME license?
The company/entity should have positive cash accruals (earnings before interest, depreciation and tax) from operations for at least any 2 financial years out of 3 financial year preceding the application. The applicant should have been listed on SME Platform for at least 2 Years.