Bangalore Stock Exchange
Encyclopedia
Bangalore Stock Exchange (BgSE) 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.
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 the year 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.
The continuous change alone is the changeless law.
As the saying goes, 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 31 March 2006, the number of companies listed on the Exchange are 384 consisting of 186 regional and 198 non regional companies.
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
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
based in Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. It was founded in 1963 and currently has 595 regional
Régional
Régional Compagnie Aérienne Européenne, or Régional for short, is a subsidiary airline wholly owned by Air France which connects hubs at Paris, Lyon, Clermont-Ferrand, and Bordeaux to 49 airports in Europe. The airline operates in Air France livery, retaining its name in small titles and logo on...
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
Securities and Exchange Board of India
The Securities and Exchange Board of India is the regulator for the securities market in India.-History:It was formed officially by the Government of India in 1992 with SEBI Act 1992 being passed by the Indian Parliament...
. First stock exchange in South India to start electronic trading of securities in 1996.
Some of the companies that trade on the BgSE include Infosys
Infosys
Infosys Limited, formerly Infosys Technologies Limited is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011. It has offices in 33 countries and development centers in India, China,...
, Wipro
Wipro
Wipro Limited formally Western India Products Limited is a global IT services and consulting company headquartered in Bangalore, India. As of 2011, Wipro is the second largest IT services company by turnover in India and employs more than 120,000 people worldwide as of March 2011...
, 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 the year 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.
The continuous change alone is the changeless law.
As the saying goes, 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 31 March 2006, the number of companies listed on the Exchange are 384 consisting of 186 regional and 198 non regional companies.
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