Eligibility Criteria For Listing

The security proposed for listing on the WDM segment of NSE should comply with the requirements as indicated hereunder:
 
Issuer Eligibility Criteria for Listing
Public Issue / Private Placement
Non-Structured Product/Non-Market Linked Debentures
Structured Product/Market Linked Debentures

Corporates (Public limited companies and Private limited companies)

Paid-up capital of Rs.10 crores; or

Market capitalisation of Rs.25 crores (In case of unlisted companies Networth more than Rs.25 crores)

Credit rating
 

Networth of 100 crores

Credit Rating prefix of ‘PP-MLD’ denoting Principal protected market linked debentures followed by the standardized rating symbols

Public Sector Undertaking, Statutory Corporation established/ constituted under Special Act of Parliament /State Legislature, Local bodies/authorities,

Credit rating

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.

Networth of 100 crores

Credit Rating prefix of ‘PP-MLD’ denoting Principal protected market linked debentures followed by the standardized rating symbols

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.
Mutual Funds: Units of any SEBI registered Mutual Fund/scheme : Investment objective to invest predominantly in debt or Scheme is traded in secondary market as debt instrument

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.
 

Networth of 100 crores

Credit Rating prefix of ‘PP-MLD’ denoting Principal protected market linked debentures followed by the standardized rating symbols

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.
 

Infrastructure companies : Tax exemption and recognition as infrastructure company under related statutes/regulations

Credit rating

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.

Networth of 100 crores

Credit Rating prefix of ‘PP-MLD’ denoting Principal protected market linked debentures followed by the standardized rating symbols

Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.



An Issuer shall ensure compliance with SEBI circulars/guidelines and any other law, guidelines/directions of Central Government, other Statutory or local authority issued on regulating the listing of debt instruments from time to time.