Home / Market / Stock-market-news /  BSE revises annual listing fee of companies for FY16

Mumbai: Bombay Stock Exchange (BSE) has revised its annual listing fees for companies listed on its platform for the next fiscal beginning 1 April.

The exchange has also made changes to various slabs of companies for the payment of listing fees. The companies with a listed capital of 1,000 crore or more would have to pay 8,06,250 as annual listing fees from 2015-16, as against a 8,07,500 charged in current fiscal. These companies would also have to pay 3,469 additional listing fees for every increase of 5 crore. This is lower than 3,515 currently charged.

The revised annual listing fees shall be effective from 1 April 2015 for financial year 2015-16. Those firms falling within the 500-1000 crore level will have to shell out 4,87,500—up from 4.75 lakh that is currently applicable on this slab.

Moreover, they would have to pay an additional 3,188 for every increase of 5 crore. Currently, this fee stands at 3,230 for every 5 crore increase in capital.

The revised annual fees would be lowest at 2 lakh for companies with listed capital of up to 150 crore. In the current fiscal there were three slabs—companies with listed capital of up to 50 crore had to pay an annual fee of 1 lakh, those with 50-100 crore had to pay 1.66 lakh and with 100-150 crore had to pay 1.90 lakh.

The new annual fee for companies with listed capital within 150-200 crore has been fixed at 2,36,250, an increase from 2.28 lakh currently charged. Besides, the fee for companies with a listed capital between 200-300 crore is 3,03,750, 300-400 crore is 3,67,500 and 400-500 crore the fee is 4,87,500, beginning 1 April.

The listed capital of a company includes equity shares, preference shares, Indian depository receipts, fully convertible debentures, partly convertible debentures and any other security convertible into equity shares.

BSE said that in case of debenture capital (not convertible into equity shares), the fees will be 75% of the applicable annual listing fees. Besides, the revised fee is not applicable to Privately Placed Debt Instruments and Privately Placed Non Convertible Redeemable Preference Shares.

Another major bourse in the country, NSE, charges annual listing fee of 10.75 lakh on firms with a capital of more than 1,000 crore, and an additional 4,625 for every increase of 5 crore in capital, according to latest information available on its website.

NSE charges a fee of 6.5 lakh on firms with debt capital of more than 500 crore, and an additional 4,250 for every increase of 5 crore.

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