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Bangalore Stock Exchange

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Founded
  
1963

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Bangalore stock exchange limited golden jubilee function keynote address by chief guest


BgSE Properties and Securities Limited, formerly Bangalore Stock Exchange Limited, is a public stock exchange based in Bangalore, India. It was founded in 1963 and currently has 595 regional and non-regional companies listed. In September 2005, the BgSE announced plans to go public by divesting at least 51% of its ownership. The stock exchange is managed by a Council of Management, consisting of members appointed by the Securities and Exchange Board of India. First stock exchange in South India to start electronic trading of securities in 1996.

Contents

Some of the companies that trade on the BgSE include Infosys, Wipro, United Breweries and Bharat Electronics Limited.

The Bangalore Stock Exchange Limited (BgSE) is a self-regulatory organisation located in the garden city of India. The Exchange is managed by the Governing Board consisting of members nominated by Securities Exchange Board of India (SEBI), Public Representatives, Elected members and an Executive Director. The Exchange has been serving the investor community continuously since its inception in 1963.

Over the decades, it has been a journey of progress to the Exchange from the pith to the pinnacle, from the alcove to the acme and, has emerged as a premier Exchange in India.

To keep pace with the fast changing technology and financial system, the Exchange went On-line in 1996. The Exchange has come a long way since the launch of BEST (Bangalore Electronic Securities Trading), its On-line trading system on 29 July 1996.

Empowerment of the investors in the market has been the focus of the Exchange. Information needs of market participants are met through the Service Centres established by the Exchange at various places in Karnataka. In addition to this, Investment Education Centre at Bangalore plays a vital role in enhancing the knowledge base of the participants through several short and long duration programmes.

Members

The Exchange has 241 members serving the diverse needs of investors. The corporate members constitute more than 25% of the total membership of the Exchange. Members operate within the overall framework of policies and practices developed over a period of time by the Exchange.

Listing

The securities listed at the Exchange includes a number of innovative and seasoned corporates from different sectors of industry. As on 7 Jan 2014, 330 companies were listed on the Exchange.

Investor Services Centre

With a view to support the investors to resolve their grievances expeditiously, Exchange has established an Investor Services Committee composed of Public Representatives, members and Executive Director, who oversee the functioning of the Cell and they take appropriate steps for amicable settlement.

To enable the investors at other places to have access to various services, Centres have been set up at Davangere, Hassan, Hubli, Mysore, Madkeri, Mangalore Shimoga and Tumkur.

Investor Information Centre

The Exchange has established a well equipped Library and Investor Information Centre to cater to varied information needs of investors, corporates members and others. The Centre has a collection of wide range of books, periodicals, journals, annual reports, prospectus and research publications relating to Capital markets. Circulars, notifications issued by authorities are available. Draft prospectus, offer documents and other related information are displayed regularly.

In addition, information on over 4000 companies is available in the Corporate data-bank for investors, corporates and members to help them in investment decision making process. This data bank consists of details of promoters, previous public issues, track record, digital form annual reports, financial performance of companies. Fundamental analysis and Technical analysis, other general information on industry, sector and economic scenario etc., are available.

Investment Education Centre

Empowerment of investors through education is the focus of the Exchange. The Exchange has established an exclusive investment education centre to cater to the needs of the market participants. This Centre conducts regular and intensive training sessions, seminars and workshops. In addition to this, the Exchange continuously holds monthly Investors’ Meet at Bangalore on last Sunday of every month on various current topics and issues

References

Bangalore Stock Exchange Wikipedia