NSE's Electronic Debt Bidding platform (NSE-EBP)
NSE's Electronic Debt Bidding platform (NSE-EBP) for issuance of debt securities on private placement basis, made available w.e.f. July 1, 2016, is aimed to bring efficiency and transparency in the price discovery mechanism and to reduce the time and cost of these issuances.
In order to streamline procedures for issuance of debt securities on private placement basis, SEBI vide its circular no CIR/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 has issued Operational Circular for issue and listing of Non-Convertible Securities, Security Receipt, Municipal Debt Securities and Commercial paper. Chapter VI of the Operational Circular provides framework for issuance of debt securities on Private Placement basis through an Electronic Book mechanism. This operational circular supersedes SEBI circular no. SEBI/HO/DDHS/CIR/P/2018/05 dated January 5, 2018.
The usage of this platform is mandatory for the issuers with an issue size of INR 100 crores and above, inclusive of green shoe option (if any). However the platform can also be used for issues less than INR 100 crores.
The participants desirous of availing the NSE-EBP facility need to register with NSE by executing the documentation for registration. The access credentials will be shared with the authorized personnel of the participants post registration.
The participant can register themselves on NSE-EBP from the below link: https://www.nse-ebp.com/ebp/rest/login
Issues held till 23-Nov-2016
Issues held after 23-Nov-2016
- Issuers who have already registered with the Exchange can provide the issue details from their existing logins.
- Issuers who have yet not registered with the Exchange can sign-up directly from the link www.nse-ebp.com (by clicking on "Issuer Registration") and can submit the issue details from their logins. However, please note that this self-registration via platform is valid only for issue details submission. For raising of funds via the NSE-EBP platform, you will need to execute an agreement with the Exchange.