List with us

 

  Listing

 Listing means admission of the securities of a company to trading privileges on a Stock Exchange.  The  principal  objectives  of listing are to provide ready marketability and impart liquidity and free negotiability to stocks and shares;  ensure  proper  supervision and control of dealings therein; and protect the interests of shareholders and of the general investing public.

 According  to  Section  73  of  the  Companies Act,  every  company  intending  to offer shares or debentures  to  the public for subscription by the issue of prospectus shall, before such issue, make an  application  to  one  or  more  recognized  Stock  Exchanges for permission for the shares and debentures  intending  to  be offered,  to be  dealt within the Stock Exchanges or each such Stock Exchange.  Further if the issue amount exceeds 5 crores,  the company has to make arrangements to list the securities in one more Stock Exchange, apart from regional stock Exchange.

 Eligibility criteria for Listing

 The issuer who decides to come out with Public Issue has to mandatorily get its securities listed on the Regional Stock Exchange.  The minimum issued capital of the company should not be less than 3 crores of which a minimum of  25% should have been offered to the public.

 Advantages of Listing

 1. The investing public gets periodic reports of the listed companies, which help them to know the  performance of the company.

2. The transaction of the listed companies are reported in daily newspapers and the investing public gets  regular information on the worth of the securities.

3.   Listing ensures liquidity to the public and free transferability of securities.

4.  The listed companies are treated as widely held companies under the Income Tax Act and all the advantages available to a widely held company are available to the listed company under the Income Tax Act.  

 

Comparative Statement of Listing Criteria 

Type

BSE

 

NSE

CSE

Existing Company

(Listed on other stock exchanges)

* Minimum issued and paid up equity capital of Rs. 3 crores

*Profit making track record for last three years.

*Minimum Networth- 20 crores(capital free reserves)

*Minimum market capitalisation of the listed capital should be at least two times of the paid up capital.

*The company should have a dividend paying track record for the last 3 consecutive years and the minimum dividend should be at least 10%.

*Minimum 25% of the company's issued capital should be with Non-Promoters shareholders

*The company should have at least two years listing record with any of the Regional Stock Exchange.

 

 *The company should sign an agreement with CDSL & NSDL for demat trading

 

*The paid up equity capital of the applicant shall not be less than Rs.10 crores.

*Market Capitalization  of the applicant's equity shall not be less than Rs.25 crores.

OR

*The paid-up equity capital  of the applicant shall not be less than Rs.25 crores

OR

*The market capitalization  of the applicant's equity shall not be less than Rs.50 crores.

 

 

Minimum issued capital should not be less than 3 crores and 25% (75 Lakhs) should be issued to public

 

New Companies

 

 

 

Knowledge Based Companies

*The total income/sales from the main activity, which should be in the field of information technology, internet, e-commerce, telecommunication, media including advertisement, entertainment etc. should not be less than 75% of the total income during the two immediately preceding years as certified by the Auditors of the company.
*Post Issue Paid Up Equity Capital 5 Crores

*Minimum Market Capitalisation 50 crores( issue price*post issue no of shares)

*Post issue networth ( equity capital + free reserves excluding revaluation reserve) of Rs.20 Crores.


 

 

*The paid up equity capital of the applicant shall not be less than Rs.5 crores

 *Market Capitalization  of the applicant's equity shall not be less than Rs.50 crores. (Issue price * Post Issue no.of shares)

 

 

Other Companies

 * Post issue Equity Capital   of Rs. 10 Crores and

* Post issue Net worth Rs. 20
  (Equity Capital +free reserves  excluding revaluation reserve)

 

* The paid up equity capital of the applicant shall not be less than Rs.10 crores

* The Market Capitalization  of the applicant's equity shall not be less than Rs.25 crores.

 

     

    Annul Reports submitted by companies for the financial year 2011 -12

  1. State Bank of  Travancore
  2. The Dhanalaxmi Bank Ltd
  3. The South Indian Bank Ltd
  4. Kitex Garments Ltd
  5. KSE Ltd.
  6. Nitta Gelatin India Ltd.

  7. Western India Plywoods Ltd

  8. Finolex Cables Ltd.

  9. Manappuram Finance Ltd.

  10. Aspinwall & Co. Ltd.

  11. The Federal Bank Ltd.

  12. A.V. Thomas & Co.Ltd.

  13. The Rajagiri Rubber & Produce Co. Ltd.

  14. The Highland Produce Co.Ltd.

  15. The Nelliampathy Tea & Produce Co. Ltd.

  16. The Midland Rubber & Produce Co.Ld.

  17. Eastern Treads Ltd.

     

     

 

 

 

   

   Preliminary placement document - South Indian Bank Ltd  

                                                                                                        

                                                                                                                                          Top

Cochin Stock Exchange, Kochi, India