Stunning Metamorphosis
From an ‘Association of Persons’, BSE has become a completely ‘Corporatised & Demutualised Stock Exchange’ today. The Board of BSE consists of professionals who are experts in their respective fields. It has the best understanding of the transformation from a non-profit entity to a for-profit entity.
Best-in-class Strategic Partners
BSE’s partners – Deutsche Borse (DB) and Singapore Stock Exchange (SGX) –make it a globally competitive force. Also, it has strategic relationships in every part of the world: Europe (DB), Asia (SGX) and Hong Kong (ETF). In addition, prominent public sector undertakings like Life Insurance Corporation of India, State Bank of India, Bank of India and Central Bank of India have taken stake in BSE.
135 Years Young
BSE holds the distinction of being the first exchange to be set up in Asia. BSE has been in the forefront of the Indian Capital market, enabling corporates to raise capital for the industrial growth of the country.
The Largest Exchange
BSE holds the unique distinction of having the largest number of listed companies in the world. At present around 4937 companies are listed on the Exchange with over 7,700 traded instruments. Majority of the PSUs like Oil and Natural Gas Corp. Ltd, Bharat Petroleum Corp. Ltd, Mahanagar Telephone Nigam Ltd. and all major public sector banks like State Bank of India, Industrial Development Bank of India, Canara Bank, Bank of India, Bank of Baroda etc have listed their equity and debt instruments on BSE.
Full Fledged Listing Department
BSE has a full fledged listing department to assist companies in listing of their securities.
Special Concession to PSUs
In the case of PSUs, though the entire capital is listed, BSE charges listing fee only on the capital divested to the public.
BSE On-line Trading System (BOLT)
BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives. It has a nation-wide reach with presence in more than 359 cities and towns of India, and has always been at par with international standards. The systems and processes are designed to safeguard market integrity and enhance transparency in operations. BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its trading system, BOLT.
BSE Indices
S&P BSE SENSEX, has today become not only the barometer of the Indian market but also the benchmark of the Indian economy. It’s the index the world tracks! Besides the S&P BSE SENSEX, BSE offers 22 other indices, to suit a multiplicity of needs. For example, the S&P BSE PSU Index tracks the performance of the listed PSU companies, and helps the Central Government monitor its wealth on the bourses.
Listed companies can be included in these indices if their stocks’ performances meet the inclusion criteria. Inclusion brings great fame and respect to a company.
Media Attention & Visibility
Listing on the BSE is accompanied by particularly significant attention from the media. Also, listing on the BSE ensures greater visibility in comparison with listing on other stock exchanges.