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Official Market - Listing Fees

 
 

Table I: Domestic and International Issuers

Types of Issue / Listing
(Applicants without securities already listed)

Initial fees (Rs)

Annual Fees (Rs)

Introduction

100,000

As per table III

Offer the sale

100,000

As per table III

Offer the subscription

100,000

As per table III

Placing

100,000

As per table III

 

Table II(a): Applicants with securities already listed

Domestic Issuers (Table II(a)) 

Types of Issue / Listing
(Applicants with securities already listed)

Initial fees (Rs)

Annual Fees (Rs)

Offer the sale

75,000

As per table III

Offer the subscription

75,000

As per table III

Placing

75,000

As per table III

Rights Issue

75,000 

As per table III 

Consideration Issue

50,000

As per table III

Capitalisation Issue (bonus Issue/ Stock dividend)

50,000

As per table III

Conversion 75,000 As per table III

Block listing

the lesser of 20,000

or 1/10 of 1% of values of shares- to be listed

As per table III

 

Table II(b): Documentation/Inspection Fees relating to Corporate Actions

 

Domestic Issuers (Table II(b)) 


Documents

Fee (Rs.)

1

Memorandum & Articles of association / Constitution 

 

 

Review of whole M&A / Constitution


15,000

 

Per Amendment

3,000

 

 

 

2

Review of Listing Particulars

20,000

 

 

 

3

Review of Circular for Notifiable Transactions

 

 

(a)    Disclosable Transaction

15,000

 

(b)    Substantial Transaction

20,000

 

    (c)    Related Party Transaction

20,000

 

 

 

4

Reverse Takeover

20,000

     
5

Amalgamation

25,000

     

6

Share Incentive / Option Scheme
Employee Share Scheme

10,000

     

7

Other Fees
Other Complex Transactions

25,000

 

Table III (a) : Annual Fee for Equity Securities 

Av. Mkt. Capitalisation (Rs)
 

Initial Listing Rate (Rs)

Additional listing Rate (Rs)

Up to 100M

58,500

29,250

Rs 100,000,001 to 400M

140,400

70,200

Rs 400,000,001 to 600M

204,800

102,400

Rs 600,000,001 to 1,000M

251,500

125,750

Rs 1,000,000,001 to 2,000M

304,200

152,100

Rs 2,000,000,001 to 5,000M

350,900

175,450

Rs 5,000,000,001 to 10,000M

421,200

210,600

Rs 10,000,000,001 to 20,000M

497,200

248,600

Rs 20,000,000,001 to 30,000M

614,100

307,050

Rs 30,000,000,001 to 40,000M

783,700

391,850

Above 40,000M

783,700 + 0.001% on

excess over Rs 40,000M

391,850 + 0.001% on

excess over Rs 40,000M

 

 

Table III (b) : Annual Fee for Debt Securities

Av. Mkt. Capitalisation (Rs)
 

Initial Listing Rate (Rs)

 Additional listing Rate (Rs)

Up to 100M

71,500

35,750

Rs 100,000,001 to 300M

103,300

51,650

Rs 300,000,001 to 600M

135,000

67,500

Rs 600,000,001 to 1000M

166,800

83,400

Rs 1,000,000,001 to 2,000M

198,600

99,300

Over 2000M

198,600 + 0.0005%

on excess over Rs 2000M

99,300 + 0.0005% on

excess over Rs 2000M

 

Table III (c): Annual Listing Fees for Structured Products

 

Fees applicable for Issuer  undertaking to issue a minimum of five tranches within the first five years of Listing

Average Market Capitalisation

 

(Rs)

Annual Fee per Tranche

(Rs)

Not exceeding Rs 100M

3,000
More than Rs 100M but not exceeding Rs 300M 6,000
More than Rs 300 M but not exceeding Rs 600M 10,000
More than Rs 600M but not exceeding Rs 1,000M 20,000
More than Rs 1,000M but not exceeding Rs 2,000M 40,000
More than Rs 2,000M 50,000

 

 

Foreign Investment Companies, Foreign Unit Trusts, Offshore Companies, Offshore Trusts, and other types of investment entities (closed-end funds, global schemes, professional collective investment schemes, specialised collective investment schemes and expert funds) 

 

1. An initial listing fee of US $ 1,500 and an annual fee of US $ 1,500 are applicable.

2. In the case of a “multi-class fund” or an “umbrella fund”, (a collective investment scheme which is divided into a number of subfunds), the following will apply in respect of the initial and annual listing fees payable: 

 

- TABLE IV -

No of different classes

Initial fee / Annual fee

1 - 3

US $ 1,500 (per subfund)

4 - 10

US $ 5,000 (fixed)

11 - 20

US $ 7,500 (fixed)

Over 20

US $ 10,000 (fixed)

The fees listed in the present Appendix are subject to revisions by the SEM after approval of the relevant authority.