Comparative Analysis of Indian Stock Market with ... - Great Lakes

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• ‘Promoters’ mean one or more persons with a minimum 3 years’ experience of each of
them in the same line of business and shall be holding at least 20% of the post issue
equity share capital individually or severally
• No disciplinary action by other stock exchanges and regulatory authorities in past three
years.
Existing Companies listed on other stock exchanges
Paid up Capital: Not less than 10 Crores
Market Capitalization: Not less than 25 crores.
Minimum Listing Requirements for companies listed on other stock exchanges. The company
should have minimum issued and paid up equity capital of Rs. 3 crores. The Company should
have profit making track record for last three years.
paid up capital.
Minimum net worth of Rs. 20 crores
Minimum market capitalization of the listed capital should be at least two times of the
New York Stock Exchange
Domestic listing on NYSE requires minimum certain minimum standards to be met.
Distribution and Size criteria
Distribution of shares can be attained through U.S. public offerings, acquisitions made in
the U.S., or by other similar means.
©Great Lakes Herald – April 2007 Volume 1, Issue 1 by Great Lakes Institute of Management, Chennai