| 1 |
Issued and Paid up capital |
Minimum
paid up capital of Rs. 3 crores and positive net worth |
| 2 |
Networth |
| 3 |
Profit making track record |
Distributable
profits in terms of sec. 205 of Companies Act, 1956 for at
least 1 out of 2 immediately preceding financial years based
on audited financial results .
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. |
| 4 |
Listing
track record with Recognized Stock Exchange |
Listed
on any recognized Stock Exchange |
| 5 |
Public
Shareholding |
Public
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 |
| 6 |
No.
of public shareholders |
Minimum
500 |
| 7 |
Trading
in Compulsory Demat |
Minimum
of 50% of the public shareholding should be held in demat
form |
| 8 |
Information
Memorandum |
Information
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
trading terminals |
| 9 |
Withdrawal/ Rejection |
Companies
can make a fresh application after a period of 3 months |
| 10 |
Confirmation
from RSE |
The
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.
|
| 11 |
Compliance
Status by Company |
The
company shall furnish the compliance status with the critical
clauses of the listing agreement viz. Clauses 15, 16, 31,
35, 40a, 41, 47, 49, 54 and Sec Audit, filings under SEBI
regulations/ circulars, SCRA and SCRR for the last 1 year |
| 12 |
Action
against company/ promoters/ promoter group entities/ directors |
Where
the company or the promoters or promoter group entities or
the directors are have been debarred or disciplinary action
taken by SEBI or a recognized stock exchange, then a period
of at least 1 year has elapsed since the expiry of the debarment
period. |
| 13 |
Reference
to BIFR or winding up |
Company
should not be referred to BIFR and no winding up order should
have been passed against the company |
| 14 |
Company
website |
The
company shall have its own website which is in compliance
with Clause 54 of the Listing Agreement containing information
about products, management team, annual reports for last three
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 |
| 15 |
SCORES
authentication |
Company
should have obtained SCORES authentication from SEBI.
The company shall also submit the nil Investors Complaints
Report extracted from SCORES.
|