National Stock Exchange of India

The

national stock exchange of India was promoted by leading financial institution at the behest of government of India and was incorporated in November 1992 as a tax paying company. In April 1993,it was recognized as a stock exchange under the securities contract (Regulation)Act, 1956NSE commenced operation in the WDM in June 1994

 Establishing

a National wide trading facility for all type of securities. Ensuring equal access to investor all over the country through an appropriate communication network. Providing for a Fair, efficient and transparent securities market using electronic Trading system. Enabling shorter Settlement cycles. Meeting up with international benchmark and standard

 WIDER

ACCESSIBILITY SCREEN BASED TRADING NON-DISCLOSURE OF THE TRADING IDENTITY TRANSPARENT TRANSACTION MATCHING OF ORDERS TRADING IN DEMATERIALISED FORM

MEMBERS

 Raising

capital for businesses Mobilizing savings for investment Facilitating company growth Profit sharing Corporate governance Barometer of the economy

Currently, NSE has the following major segments of the capital market: EQUITY RETAIL DEBT MARKET WHOLESALE DEBT MARKET CURRENCY FUTURES MUTUAL FUND STOCKS LENDING & BORROWING

IPOs by Companies
1.

2.

3.

The paid up equity capital of the applicant shall not be less than Rs. 10crore and the capitalisation of the applicants equity shall not be less than Rs. 25crore The Issuer shall have adhered to conditions precedent to listing as emerging from interalliance from Securities Contracts (Regulations) Act 1956, Companies Act 1956, Securities and Exchange Board of India Act 1992. At least three years track record.

4. The applicant desirous of listing its securities should satisfy the exchange on the following: a) No disciplinary action by other stock exchanges and regulatory authorities in past three years b) Redressers Mechanism of Investor grievance c) Distribution of shareholding d) Details of Litigation e) Track Record of Director(s) of the Company

An Issuer has to take various steps prior to making an application for listing its securities on the NSE. These steps are essential to ensure the compliance of certain requirements by the Issuer before listing its securities on the NSE. The various steps to be taken include:

Approval of Memorandum and Articles of Association Approval of draft prospectus Submission of Application Listing conditions and requirements