BSE hikes annual fee for listed companies from FY18

leading inventory trade BSE has hiked its annual rate for firms listed on its platform from the following monetary 12 months beginning April 1.

BSE, which categorises the fees for the companies based on their respective listed capital, has additionally made changes to various slabs for such payments.

"The trade has revised its annual record charges (for 2017-18) to be paid with the aid of the listed entities for checklist of its securities on the exchange," BSE mentioned in a circular.

"the brand new annual list fees could be effective from April 1, 2017," it introduced.

The bourse has presented a brand new slab which supplies for companies with capital over Rs three,000 crore to pay an quantity of Rs 10.20 lakh as annual list charges. These corporations would also need to pay an additional record charges of Rs 3,910 for every elevate of Rs 5 crore hike in capital.

along with, BSE has put in a slab for firms with capital above Rs 2,000 crore to Rs three,000 crore. These companies should shell out Rs 10 lakh as charges and a further checklist charges of Rs four,270 for every Rs 5 crore.

companies with listed capital above Rs 1,000 crore to Rs 2,000 crore could be charged Rs 9.90 lakh with a further listing fees of Rs 3,930 for every raise of Rs 5 crore.

BSE had levied fees of Rs eight.06 lakh and extra charges of Rs 3,469 on firms with capital over Rs 1,000 crore for the current fiscal 2016-17.

Entities with capital price over Rs 500 crore and as much as Rs 1,000 crore can be charged Rs 6.05 lakh from April 1. that is more compared to Rs four.87 lakh paid with the aid of firms for 2016-17.

further, firms falling below this bracket would have to pay an extra charges of Rs three,530 for every upward push of Rs 5 crore in capital. This amount stood at Rs three,188 for the present fiscal.

BSE has also raised the charges for firms with listed capital throughout the slab of Rs 400-500 crore to Rs 6 lakh, and for those falling between Rs 300-four hundred crore to Rs 4.5 lakh. For the current fiscal, the cost amount for these slabs stood at Rs four.87 lakh and Rs three.67 lakh respectively.

the new annual price for companies with listed capital inside Rs 200-300 crore has been fastened at Rs 3.75 lakh -- an increase from current ranges of Rs 3.03 lakh.

additional, firms falling inside Rs 100-200 crore would be charged Rs 3 lakh and those with capital up to 100 crore would have to pay Rs 2.50 lakh.

BSE has completed away with its previous capital slabs -- 'as much as a hundred and fifty crore' and 'above Rs one hundred fifty to Rs 200 crore'.

The listed capital of an organization contains equity shares, desire shares, totally convertible debentures, amongst others.

"In case of debenture capital (no longer convertible into fairness shares) listed prior to April 1, 2017, the price will probably be 75 per cent of the applicable checklist fees," BSE mentioned.

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