The stock market of BSE provides effective solution for money raising not only
for the domestic but also for the foreign companies. Due to the introduction of
the single European passport not only the process of listing was simplified but
also the transparent presence is ensured on BSE.
The equities may be listed in three different markets:
To be listed on the Prime Market, the instrument must meet several criteria regarding market
capitalisation, ownership structure (free-float) and corporate history. Furthermore,
the Issuer shall make a public transaction that refers to the equity series to
be listed. The share series on Equities Prime Market are more liquid in general
and have a broader ownership structure.
For small and medium-sized enterprises who wish to skip the T Market as the access
point to the regulated market and consider executing a public transaction at their
initial listing, BSE provides opportunity to enter the market with less stringent
listing requirements than those called for on the Prime Market. Listing criteria on
Equities Standard Market are indentical to the legal requirements stipulated by
the Capital Market Act; however, carrying out a public transaction is also mandatory
BSE aims to provide opportunity to the small and medium sized enterprises, which
do not make public transaction at the listing of their shares. The shares of these
issuers will be listed on BSE via technical listing. Therefore, listing on the T
Market can be considered as the first stage of listing on the regulated market.
Listing requirements on Equities T Market are practically indentical to the legal
requirements stipulated by the Capital Market Act.