1. The document outlines eligibility norms for listing on BSE's SME platform and guidelines for migrating from the SME platform to the main board of BSE.
2. Companies seeking listing on BSE's SME platform through an IPO must comply with quantitative eligibility norms prescribed by BSE. BSE may also visit the company site before approval.
3. Companies must be listed and traded on the SME platform for a minimum of two years before being eligible to migrate to the main board, as per SEBI guidelines.
1. The document outlines eligibility norms for listing on BSE's SME platform and guidelines for migrating from the SME platform to the main board of BSE.
2. Companies seeking listing on BSE's SME platform through an IPO must comply with quantitative eligibility norms prescribed by BSE. BSE may also visit the company site before approval.
3. Companies must be listed and traded on the SME platform for a minimum of two years before being eligible to migrate to the main board, as per SEBI guidelines.
1. The document outlines eligibility norms for listing on BSE's SME platform and guidelines for migrating from the SME platform to the main board of BSE.
2. Companies seeking listing on BSE's SME platform through an IPO must comply with quantitative eligibility norms prescribed by BSE. BSE may also visit the company site before approval.
3. Companies must be listed and traded on the SME platform for a minimum of two years before being eligible to migrate to the main board, as per SEBI guidelines.
Subject Eligibility norms or !isting on "SE SME #latorm an$ Migration to t%e Main "oar$ o "SE Content CIRCULAR BSE SME Platform BSE Ltd. DATE: 26-11-2012
To: All Tradin M!m"!r# of t$! BSE Ltd. SUB%ECT& Elii"ilit& norm# for Li#tin on BSE SME Platform and Miration to Main Board of BSE R!f!r!n'!: Cir'(lar dat!d 1)-0*-2012 of BSE Ltd
"SE vi$e its circular $ate$ 1' t% (pril) 2012 %as lai$ $o*n t%e eligibility norms or t%e company $esiring to get liste$ on its SME #latorm an$ also t%e gui$elines or migration rom SME #latorm to t%e Main "oar$ o "SE+ ,n a$$ition to t%is ollo*ing gui$elines %ave been stipulate$ or listing on SME #latorm+ -urt%er to t%is "SE is replacing t%e e.isting gui$elines *it% t%e ollo*ing or migration rom SME #latorm to t%e Main "oar$ o "SE&
1. Condition# for li#tin on SME Platform t$ro($ IP+
Companies see/ing listing on "SE SME #latorm t%roug% ,#0 are re1uire$ to comply *it% t%e 1uantitative eligibility norms as prescribe$ by "SE+
,n a$$ition to compliance *it% t%e aoresai$ eligibility norms) a visit to t%e company2s site *ill be un$erta/en by t%e E.c%ange beore granting o approval to use t%e name o t%e E.c%ange in t%e oer $ocument+
($$itionally) it *ill be $esirable or t%e company to ile a compliance certiicate by a #racticing Company Secretary as per t%e gui$ance note issue$ by t%e ,nstitute o Company Secretaries o ,n$ia as an$ *%en suc% a certiication is ma$e applicable by t%e SME #latorm o "SE !t$+
2. Elii"ilit& Crit!ria for Miration from BSE SME Platform to t$! Main Board 3%e companies %ave to be man$atorily liste$ an$ tra$e$ on t%e SME #latorm or a minimum perio$ o t*o years an$ only ater t%at t%ey can migrate on to t%e Main "oar$ as per t%e gui$elines speciie$ by SE", vi$e t%eir circular $ate$ 14 t% May) 2010 an$ as per t%e proce$ures lai$ $o*n un$er ,CD5 gui$elines C%apter 6"+
,n case o any clariication on t%e subject matter o t%e Notice) please contact&
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