Published on Saturday, June 30, 2018 by Dilip Davda
BSE that was established on 9th July 1875 is now in its 143rd year of existence. To mark the celebration of its foundation day, on 9th July 2018, BSE is adding one more feather in its cap called BSE Startup Platform.
BSE SME segment that began in 2012 has emerged as preferred platform for SME in India with highest number of listed companies (currently 254 including 50 companies migrated to main board). In order to provide further incentive to the companies which are "Startups" in the sector of IT, ITES, Bio-technology and Life Science etc., the Exchange is pleased to announce that "BSE Startup Platform" is enabled on BSE SME Segment.
This platform will facilitate the listing of companies in the sector of IT, ITES, Bio-technology and Life Science, 3D Printing, Space technology, E-Commerce, Hi- Tech Defense, Drones, Nano Technologies, Artificial Intelligence, Big data, Enhance/Virtual Reality, E-gaming, Exoskeleton, Robotics, Holographic Technology, Genetic Engineering, Variable Computers Inside body computer technology and any other Hi-tech based company.
The criteria for listing on "BSE Startup Platform" are as follows:
The companies listing on BSE Startup Platform with the above mentioned criteria will follow all the other conditions applicable for listing of SME Companies under Chapter XB of "SEBI (ICDR) Regulations, 2009", relating to disclosures, migration to main Board, etc.
In fact, both BSE and NSE had started ITP (Institutional Trading Platform) segments along with SME platforms wherein only institutional trades were taking place with a minimum lot of Rs. 10 lakh and in multiples thereon. This ITP platform has not seen the light of the day so far with very thin volume of irregular trades on it. Hence in order to revive it in different form, BSE is taking initiative to launch BSE Startup Platform where in the minimum trading lot will be on line with SME segment i.e. Rs. 1 lakh and in multiples thereon.
No record Found
Free Equity Delivery Trades
Flat 20 Per Trade
Get 100% brokerage refund if in 60 days you have made net profits
Leading Retail Broker in India
Rs 0 account opening fee on Demat Acct + 20% OFF on online trading
Request Instant Call Back
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back