1. ArvindChanani (2010294)
Canute Serrao (2010265)
Comparison of Listing Criteria of NSE and BSE

2. Agenda
What is Listing
Comparison for Listing criteria for IPOs
Comparison for Listing criteria for companies listed on other exchanges
Listing fees
Advantages of listing on each exchange
Conclusion

3. Listing
Listing on the Exchange means the creation of a funding possibility/financial alternative for funding for the company entering the market and, parallel to that, for the investors trading on the exchange.

4. Need for Listing
Liquidity
Permits Founders to Diversify
New corporate cash
Establish Value of the firm
Facilitates Merger Negotiation
Increase potential product markets

5. Qualifications for listing Initial Public Offerings (IPO)

6. Existing Companies listed on other stock exchanges

7. Existing Companies listed on other stock exchanges

8. LISTING FEES OF BSE

9. LISTING FEES OF NSE

10. Additional Listing Criteria for BSE
The minimum number of public shareholders after the issue shall be 1000 for small cap companies
The company shall sign an agreement with CDSL and NSDL for demat trading.

11. Additional Listing Criteria for NSE
No disciplinary action has been taken by other stock exchanges and regulatory authorities in the past three years
Redressalmechanism of Investor grievanceDisclosures of shareholding, litigation, track record of Directors
Apart from these criteria all listing companies have to be compliant with law such as Securities Contracts (Regulations) Act 1956, Companies Act 1956, Securities and Exchange Board of India Act 1992

12. Advantages of BSE over NSE
We see that the listing fees for NSE is more than that of BSE, although the NSE site says that it has lower listing fees
It varies from 1.5 to 2.5 times more than BSEBSE has larger number of small and mid-cap companies
It has tie up with regional exchanges for the BSE Indonextplatform
SME's can easily list on the Indonext platform which has less stringent norms and lower charges
Almost 50 per cent of BSEs cash market turnover comes from stocks that are outside the "A" group of stocks, NSE's top 100 stocks alone account for nearly 80 per cent of its cash segment's turnover

13. Advantages of NSE over BSE
NSE has higher volume and more market participants
There is higher liquidity and lower spreads
There would be lower volatility in the stock price
They provide trade statistics of the scrip to the company

14. Conclusion
Depending on the size of the company, NSE might be advantageous if the company is large.
BSE has put considerable effort in making listing easier for small and mid-cap companies. Hence it is advantageous for them to list on BSE

15. Thank You