Notice No.   20190903-26   Notice Date   03 Sep 2019
Category   Others   Segment   Startups
Subject   Trading in BSE Startup Segment

Pursuant to BSE Notice No: 20181127-23 dated on November 27, 2018, Trading Members of the Exchange are hereby informed that the Exchange shall be introducing two new group namely “MS” and “TS” to enable trading in the equity shares on BSE Startup Segment on SME Platform. The Trading parameters for equity shares of BSE Startup Segment are as follows:




Market Sessions

Units shall be available for trading in Pre-Open, Continuous & Closing session


“MS” Group for normal/rolling settlement and “TS” Group for trade to trade settlement

Price bands

For “MS” Group “20%” and for “TS” Group “5%”

Permitted lot size

(Market Lot)

As per SEBI circular CIR/MRD/DAS/06/2012 dated February 21, 2012

Single order value limit for normal window

Rs.10 Crores


VaR based margins to be levied

Transaction Charges

Transactions charges will be levied on Transaction Value. It shall be Rs.275/- per crore

Transaction Charges for ODD Lot Trade Rs.275/- per crore

Transaction Charges for Auction Trade Rs.275/- per crore

Settlement of Securities

Will be settled on T+2 basis.

“MS” Group – will be on net basis and “TS” Group – will be on gross basis

Auction of Securities

Auction is allowed. Shortage of MS group will be auctioned as settlement is on net basis. TS will be closed-out as per T2T close-out criteria.

Block Deal

Available in block deal trading window.

Order entry in block trading window shall be in multiples of applicable lot size

Trading Members are requested to contact the following officials of the Exchange for any further queries:


Name of the Official

Contact No.

Email Id

Mr. Anand Chari

2272 8806

Ms. Rupal Khandelwal

2272 8262    




Girish Joshi                                                                                                                      Bhushan Mokashi

Chief General Manager                                                                                                 Addl. General Manager