Direct Listing (without IPO)
Current Direct Listing Norms Applicable :-
Sr.No Norms Checklist
A Companies listed on nationwide Stock Exchange having average daily turnover more than Rs 500 crore in equity segment in immediate preceding Financial Year, seeking listing under Direct Listing at BSE Download
B Companies listed on recognized stock exchange / nationwide stock exchange having average daily turnover less than Rs. 500 crore in equity segment in immediate preceding Financial Year/ Companies which are on Dissemination Board of the Exchanges having nationwide terminals. Download
C Companies listed on other Nationwide Stock Exchanges which were initially listed on SME platform and seeking listing at BSE under Direct Listing. Download


Direct Listing is a process through which a company which is already listed on other stock exchange/s approaches BSE for listing of its equity shares. The companies fulfilling the eligibility criteria prescribed by the Exchange; from time to time; are listed on the Exchange.

Presently at BSE, Direct Listing is broadly divided into three categories
  • Companies which are listed with Nationwide Stock Exchange with average daily turnover greater than Rs 500 crores in equity segment
  • Companies which are listed with Recognised Stock Exchanges with average daily turnover less than Rs 500 crores in equity segment
  • Companies whose names are appearing on Dissemination Board of Nationwide Stock Exchanges

Benefits of Direct Listing on BSE



General Process / Steps of Direct Listing at BSE and standards to be complied



Direct Listing Applications to be sent to The Manager

The Manager
Listing Dept.
BSE Ltd.
20th Floor BSE Limited,
P J Towers, Dalal Street,
Mumbai -400001, India
Email - direct.listing@bseindia.com