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

59,700

29,850

Rs 100,000,001 to 400M

143,200

71,6000

Rs 400,000,001 to 600M

208,900

104,450

Rs 600,000,001 to 1,000M

256,500

128,250

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

310,300

155,150

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

357,900

178,950

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

429,600

214,800

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

507,100

253,550

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

626,400

313,200

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

799,400

399,700

Above 40,000M

799,400 + .001% on excess over Rs 40,000M

399,700 + .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

72,900

36,450

Rs 100,000,001 to 300M

105,400

52,700

Rs 300,000,001 to 600M

137,700

68,850

Rs 600,000,001 to 1000M

170,100

85,050

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

202,600

101,300

Over 2000M

202,600 + .0005% on excess over Rs 2,000M

101,300 + .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 3,000
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

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.