Guidelines for Listing
The post issue face value capital should not exceed Rs. Twenty-five crores.
Trading lot size
- The minimum application and trading lot size shall not be less than Rs. 1,00,000/-
- The minimum depth shall be Rs 1,00,000/- and at any point of time it shall not be less than Rs 1,00,000/-
- The investors holding with less than Rs 1,00,000/- shall be allowed to offer their holding to the Market Maker in one lot.
- However in functionality the market lot will be subject to revival after a stipulated time.
The existing Members of the Exchange shall be eligible to participate in Startups Platform.
The issues shall be 100% underwritten and Merchant Bankers shall underwrite
15% in their own account.