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

200,000

As per table III

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

Table 1 (b)

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

Initial and further issue of Debt Securities

150,000

As per Table III

Initial and further issue of Structured Products

150,000

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

150,000

As per table III

Offer the subscription

150,000

As per table III

Placing

150,000

As per table III

Rights Issue

150,000

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 40,000 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

25,000

Per Amendment

4,000

2

Review of Listing Particulars

35,000

3

Review of Circular for Notifiable Transactions

-

(a) Disclosable Transaction

25,000

(b) Substantial Transaction

40,000

(c) Related Party Transaction

40,000

4

Reverse Takeover

40,000

5

Amalgamation

40,000

6

Share Incentive / Option Scheme Employee Share Scheme

20,000

7

Other Fees / Other Complex Transactions / Circulars

35,000

Table III (a) : Annual Fee for Equity Securities

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

Up to 100M

63,000

31,500

Rs 100,000,001 to 400M

151,100

75,550

Rs 400,000,001 to 600M

220,400

110,200

Rs 600,000,001 to 1,000M

270,600

135,300

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

327,400

163,700

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

377,600

188,800

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

453,200

226,600

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

535,000

267,500

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

660,900

330,450

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

843,400

421,700

Above 40,000M

843,400 + .001 % on excess over Rs 40,000M

421,700+ .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

76,900

38,450

Rs 100,000,001 to 300M

111,200

55,600

Rs 300,000,001 to 600M

145,300

72,650

Rs 600,000,001 to 1000M

179,500

89,750

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

213,700

106,850

Over 2000M

213,700 + .0005 % on excess over Rs 2,000M

106,850 + .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

3,200

More than Rs 100M but not exceeding Rs 300M

6,300

More than Rs 300 M but not exceeding Rs 600M

10,600

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

21,100

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

42,200

More than Rs 2,000M

52,800

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.