Founded 1989 | ||
Jaipur Stock Exchange (JSE) is located in Jaipur Rajasthan it was founded and was recognized in 1989. JSE is the third largest exchange in India in terms of membership. It was established in the year 1989. In the same year, the exchange was granted recognition in the month of January and the commencement of business took place from the month August, 1989. Dr. J N Dhankhar started as the Executive Director of JSE in September 1989. Its license from SEBI is valid up to January 8, 2011.
Within seven years of its incorporation, i.e. by January 1996, the exchange managed to attract 750 companies who were listed on the exchange. Then the volume of the daily turnover rose to an average of Rs.80 million.
Jaipur Stock Exchange was one of the 15 regional Stock Exchanges which promoted the Inter-connected Stock Exchange of India Ltd. by paying the Initial Capital of Rs.1 crore (Rs.5 lakhs as admission fee and Rs.95 lakhs as infrastructure fee).