Eligibility Criteria
The security proposed for listing on the Debt 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/ Commercial Papers | Structured product / Market Linked Debentures | |
| Corporates (Public limited companies and Private limited companies) |
or
In case any subsidiary/associate companies do not satisfy the above eligibility criteria, their holding/associate company’s compliance with the aforesaid requirements shall be considered.
|
|
| Public Sector Undertaking, Statutory Corporation established/ constituted under Special Act of Parliament /State Legislature, Local bodies/authorities |
|
|
| 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 |
|
|
| Infrastructure companies : Tax exemption and recognition as infrastructure company under related statutes/ regulations |
|
|
| Financial Institutions as defined under Companies Act including Industrial Development Corporations |
|
|
| Banks |
|
|
| Real Estate Investment Trust (REITs) or Infrastructure Investment Trusts (InvITs) |
|
|
| Securitised Debt Instruments / Security Receipts | ||
| Special Purpose Distinct Entity or Trust as defined under SEBI (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008. | 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.
Updated on: 03/06/2025
