Jaipur Stock Exchange
Encyclopedia
Jaipur Stock Exchange is located in Jaipur
Jaipur
Jaipur , also popularly known as the Pink City, is the capital and largest city of the Indian state of Rajasthan. Founded on 18 November 1727 by Maharaja Sawai Jai Singh II, the ruler of Amber, the city today has a population of more than 3.1 million....

 Rajasthan
Rajasthan
Rājasthān the land of Rajasthanis, , is the largest state of the Republic of India by area. It is located in the northwest of India. It encompasses most of the area of the large, inhospitable Great Indian Desert , which has an edge paralleling the Sutlej-Indus river valley along its border with...

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. 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).
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