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

315,000

As per table III

Offer the sale

315,000

As per table III

Offer the subscription

315,000

As per table III

Placing

315,000

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

210,000

As per Table III

Initial and further issue of Structured Products

210,000

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

210,000

As per table III

Offer the subscription

210,000

As per table III

Placing

210,000

As per table III

Rights Issue

210,000

As per table III

Consideration Issue

157,500

As per table III

Capitalisation Issue (bonus Issue/ Stock dividend)

157,500

As per table III

Conversion

157,500

As per table III

Block listing

the lesser of 52,500 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

37,000

Per Amendment

5,500

2

Review of Listing Particulars

52,500

3

Review of Circular for Notifiable Transactions

-

(a) Disclosable Transaction

37,000

(b) Substantial Transaction

52,500

(c) Related Party Transaction

52,500

4

Reverse Takeover

52,500

5

Amalgamation

52,500

6

Share Incentive / Option Scheme Employee Share Scheme

31,500

7

Other Fees / Other Complex Transactions / Circulars

52,500

Table III (a) : Annual Fee for Equity Securities

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

Up to 100M

68,100

34,050

Rs 100,000,001 to 400M

163,400

81,700

Rs 400,000,001 to 600M

238,400

119,200

Rs 600,000,001 to 1,000M

292,600

146,300

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

354,100

177,050

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

408,300

204,150

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

490,100

245,050

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

578,700

289,350

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

714,700

357,350

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

912,100

456,050

Above 40,000M

912,100 + .001 % on excess over Rs 40,000M

456,050 + .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

83,200

41,600

Rs 100,000,001 to 300M

120,200

60,100

Rs 300,000,001 to 600M

157,200

78,600

Rs 600,000,001 to 1000M

194,100

97,050

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

231,100

115,550

Over 2000M

231,100 + .0005 % on excess over Rs 2,000M

115,550 + .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

3,500

More than Rs 100M but not exceeding Rs 300M

6,800

More than Rs 300 M but not exceeding Rs 600M

11,400

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

22,800

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

45,700

More than Rs 2,000M

57,100

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 $ 1,600 (per subfund)

4 - 10

US $ 5,500 (fixed)

11 - 20

US $ 8,000 (fixed)

Over 20

US $ 10,500 (fixed)

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