Standardized lot size for SME Exchange / Platform

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..... / Platform 1. SEBI vide circular dated May 18, 2010 prescribed the framework for setting up of a stock exchange/trading platform by a recognized stock exchange having nationwide trading terminals for Small and Medium Enterprises (SMEs). 2. In this regard it has been decided to standardize the lot size for Initial Public Offer proposing to list on SME exchange/platform and for the secondary .....

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..... an 180 upto 250 600 more than 250 upto 350 400 more than 350 upto 500 300 more than 500 upto 600 240 more than 600 upto 750 200 More than 750 upto 1000 160 above 1000 .....

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..... ll not be reduced by the exchange to below the initial lot size if the trading price is below the IPO issue price. 6. The Stock Exchanges can review the lot size once in every 6 months / wherever warranted, by giving an advance notice of at least one month to the market. However, as far as possible the stock exchange shall ensure that odd lots are not created. 7. Further, the stock exchanges .....

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..... r in the Monthly Development Report. 10. This Circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and shall come into e .....

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