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BANGALORE
STOCK EXCHANGE
Bangalore Stock Exchange is currently the
largest stock exchange in South India. The BgSE is managed by the Council of
Management consisting of members nominated by Securities and Exchange Board
of India (SEBI),
public representatives, elected members and Executive Director.
The Exchange has been
continously growing since its inception in 1963. There are 595 companies
listed on the exchange out of which over 300 companies are non-regional
companies. As of now, more than 5000 companies belonging to listed and
permitted category can be traded at the Exchange.
The Exchange has about 239
members. The corporate members constitute more than 25% of the total
membership of the Exchange.
Bangalore Stock Exchange
was the first stock exchange in South India to start electronic trading of
securities in 1996. Bangalore Electronic Securities Trading (BEST) system
facilitates automatic order matching facilitating in trades. When trade
takes place, the automated system generates unique trade number and
execution time, ensuring reliability and complete transparency in the
dealing.
Automated trading has
resulted in a sharp growth in volumes of shares traded on the Exchange.
Turnover at the Exchange has grown from Rs.4300 crores in 1996-97 to Rs.8300
crores in 1997-98, an increase of 97%.
With a view to support the
investors in resolving their grievances, Exchange has established an
Investor Services Centre. The Exchange co-ordinates with the companies,
members and investors in resolving the problems. The Centre also offers
counselling services. The Investor Services Committee comprising of Public
Representatives, members, Vice-President and Executive Director oversees the
functioning of the Cell and they are authorised to take appropriate steps
for amicable solution of the grievances. To enable the investors at other
places to have access to the services, Service Centres has been set up at
Mysore, Shimoga and Davangere. Similar centres are also proposed to be
opened at other leading commercial centres of Karnataka.
The Exchange has also
established a well equipped library and Investor Information Centre to cater
to varied information needs of investors, corporates, members and others.
The Centre has wide range of books, periodicals, journals, annual reports,
prospectus and research publications relating to Capital Market.
Bangalore Stock Exchange
Ltd.
Stock Exchange Towers,
No.51, 1st Cross, J C Road,
Bangalore - 560 027 INDIA
Email : edbgse@giasbg01.vsnl.net.in
Voice Mail : 91-80-22276675 / 85
Investor Service Centre : 91-80-22995241
Investor Information Centre : 91-80-22995225 / 33
Listing : 91-80-22995239
Market Operation : 91-80-22995200
General : 91-80-22995234 / 35
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