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) |
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| Public Sector Undertaking, Statutory Corporation established/ constituted under Special Act of Parliament /State Legislature, Local bodies/authorities |
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| 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 |
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| Infrastructure companies : Tax exemption and recognition as infrastructure company under related statutes/ regulations |
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| Financial Institutions as defined under Companies Act including Industrial Development Corporations |
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| Banks |
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| Real Estate Investment Trust (REITs) or Infrastructure Investment Trusts (InvITs) |
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| 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: 11/01/2023
