Eligibility Criteria For Listing

Issuer Eligibility Criteria for Listing
  Public Issue Private Placement
Public Sector Undertaking:
  • Min. 51% holding by Central Govt, and/or State Govts. and/or Govt. Company.


  • Less than 51% shareholding
As applicable to corporates


As applicable to corporates
As applicable to corporates


As applicable to corporates
Statutory Corporation under Special Act of Parliament/State Legislature, Local bodies / authorities:
  • Min. 51% holding by Central Govt and/or State Govts. And/or Govt.Company


  • Less than 51% shareholding
As applicable to PSUs

As applicable to corporates
As applicable to corporates

As applicable to corporates
Financial Institutions u/s 4A of Companies Act. , 1956 including Industrial Development Corporations:
  • SLR Bonds
  • Non-SLR Bonds
Eligible Credit rating
Banks:
  • Scheduled banks, and
  • Networth of Rs. 50 cr or above
Eligible Credit rating
Corporates :
  • Paid up capital of Rs. 10 crore ,or
  • Market capitalization of Rs. 25 crore.
(Networth in case of unlisted companies)
Eligible Credit rating
Infrastructure Companies:
  • Tax exemption & recognition as Infrastructure Company under related statues/regulation.
Eligible Credit rating
Mutual Fund Units: Any SEBI registered Mutual Fund/ Scheme:
  • Investment objective to invest predominantly in debt or
  • Scheme is traded in secondary market as Debt instrument.
Eligible Eligible


An Issuer shall ensure compliance with SEBI circularsissued on regulating the listing of privately placed debt instruments and are reproduced below.