2107

listing fees

Official Market - Listing Fees

Table I (a):

Domestic and International Issuers
Types of Issue / Listing (Applicants without securities already listed) Initial fees (Rs) Annual Fees (Rs)

Introduction

300,000

As per table III

Offer the sale

300,000

As per table III

Offer the subscription

300,000

As per table III

Placing

300,000

As per table III

Table 1 (b)

Domestic and International Issuers
TYPES OF ISSUE / LISTING INITIAL FEE (Rs.) ANNUAL FEE (Rs.)

Initial and further issue of Debt Securities

200,000

As per Table III

Initial and further issue of Structured Products

200,000

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

200,000

As per table III

Offer the subscription

200,000

As per table III

Placing

200,000

As per table III

Rights Issue

200,000

As per table III

Consideration Issue

150,000

As per table III

Capitalisation Issue (bonus Issue/ Stock dividend)

150,000

As per table III

Conversion

150,000

As per table III

Block listing

the lesser of 50,000 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

35,000

Per Amendment

5,000

2

Review of Listing Particulars

50,000

3

Review of Circular for Notifiable Transactions

-

(a) Disclosable Transaction

35,000

(b) Substantial Transaction

50,000

(c) Related Party Transaction

50,000

4

Reverse Takeover

50,000

5

Amalgamation

50,000

6

Share Incentive / Option Scheme Employee Share Scheme

30,000

7

Other Fees / Other Complex Transactions / Circulars

50,000

Table III (a) : Annual Fee for Equity Securities

Av. Mkt. Capitalisation (Rs) Initial Listing Rate (Rs) Additional Listing Rate (Rs)

Up to 100M

64,900

32,450

Rs 100,000,001 to 400M

155,600

77,800

Rs 400,000,001 to 600M

227,000

113,500

Rs 600,000,001 to 1,000M

278,700

139,350

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

337,200

168,600

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

388,900

194,450

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

466,800

233,400

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

551,100

275,550

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

680,700

340,350

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

868,700

434,350

Above 40,000M

868,700 + .001 % on excess over Rs 40,000M

434,350+ .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

79,200

39,600

Rs 100,000,001 to 300M

114,500

57,250

Rs 300,000,001 to 600M

149,700

74,850

Rs 600,000,001 to 1000M

184,900

92,450

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

220,100

110,050

Over 2000M

220,100 + .0005 % on excess over Rs 2,000M

110,050 + .0005 % on excess over Rs 2,000M

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

3,300

More than Rs 100M but not exceeding Rs 300M

6,500

More than Rs 300 M but not exceeding Rs 600M

10,900

More than Rs 600M but not exceeding Rs 1,000M

21,700

More than Rs 1,000M but not exceeding Rs 2,000M

43,500

More than Rs 2,000M

54,400

Funds

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 table iv 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 are subject to revisions by the SEM after approval of the relevant authority.