Provided further that the total period of latest 2 Financial
Years should comprise a period of at least 24 months
Provided that extraordinary income shall not be considered
for calculating distributable profit.
Shareholding should be Meeting with the requirements of
SCRA, SCRR and Listing Agreement
If the company is non complaint with respect to clause
40A of the listing agreement at time of applying for direct
listing, the company shall submit the undertaking from Managing
Director/ person authorized by Board of Directors of the
company, that the company shall comply with the clause 40A
of the listing agreement as per the extend regulations and
timelines stipulated by SEBI
Memorandum as provided in Schedule II of Companies Act,
1956 to the extent applicable, as certified by the Company
Secretary/ MD of the Company
Note: Not required if the company has been trading in the
permitted securities category at BSE for a period of not
less than 1 year or is listed on any Exchange with nationwide
company shall submit a confirmation from any one of the
recognized or regional stock exchange(s) :
a. Entire issued capital of the company must be listed
on the recognized stock exchange
b. No investor complaints pending against the company
c. The securities proposed to be listed are not under suspension.
should have obtained SCORES authentication from SEBI.
The company shall also submit the nil Investors Complaints
Report extracted from SCORES.
should have minimum 50% of Public Share holding in dematerialised
mode and 100% of Promoters’ Share holding in demat mode,
else company can commence trading ONLY in Trade-for-Trade
basis until they so comply.
companies that have approached for listing are denied listing
for any reason whatsoever, they may reapply for listing
after a minimum period of 6 months. If rejected a second
time, the company would not be eligible to apply again.
should not be under BIFR and no winding up order should
have been passed against the company, at the time of application
company shall have its own website in compliance with Clause
54 of the Listing Agreement containing information about
products, management team, annual reports for last one financial
years, shareholding pattern, quarterly results, report on
corporate governance, code of conduct, name of the company
secretary & compliance officer and contact details,
RTA - name and contact details.
should have obtained NIL SCORES authentication from SEBI.
visit will be mandatorily conducted by Exchange official(s)
and report submitted.