Indian Stock Market-Specific Fundamentals
Exchanges, regulators, filings, and dealing terms used on NSE and BSE. 24 topics.
NSE
The National Stock Exchange of India, the country's largest exchange by equity turnover.
BSE
BSE Limited, formerly the Bombay Stock Exchange, Asia's oldest stock exchange still in operation.
SEBI
The Securities and Exchange Board of India, the regulator of the securities market.
MCA (Ministry of Corporate Affairs)
The ministry that administers the Companies Act and the public registry of Indian companies.
CIN (Corporate Identification Number)
The unique 21-character number assigned to a company registered in India.
ISIN
The International Securities Identification Number, a 12-character code for a specific security.
Annual General Meeting (AGM)
The yearly meeting of shareholders to adopt the accounts, appoint auditors, declare the final dividend, and transact other ordinary business.
Extraordinary General Meeting (EGM)
A shareholder meeting called between AGMs for business that cannot wait, such as an issue of shares, a change in capital, or a major transaction.
Corporate Announcements
The disclosures a listed company files with the exchanges: results, board meetings, dividends, insider trades, and material events.
Related Party Disclosures
The notes and filings that show transactions and balances with promoters, subsidiaries, key managers, and their connected entities.
Credit Rating
An agency's opinion of the creditworthiness of a borrower or a specific instrument.
Credit Rating Agencies
Firms registered with SEBI to rate securities and, under other mandates, bank facilities.
SME IPO
An initial public offering on the SME platform of NSE (Emerge) or BSE (SME), for smaller companies, with a lighter issue-size framework and different trading rules.
Mainboard IPO
An initial public offering on the main board of NSE or BSE, as distinct from the SME platform.
DRHP
The Draft Red Herring Prospectus, filed with SEBI before a book-built public issue.
RHP
The Red Herring Prospectus, the offer document used during book building, after SEBI's observations and before the price is fixed.
Offer for Sale (OFS)
A sale of existing shares by selling shareholders. The company does not receive the money. SEBI also runs a separate exchange OFS mechanism for already listed shares.
Bulk Deals
Trades disclosed when a client's total buy or sell in a scrip on an exchange exceeds 0.5% of the company's listed equity shares that day.
Block Deals
Large trades executed in a separate window so that a single negotiated transaction does not disrupt the normal order book.
Circuit Limits
Price bands and market-wide halts that stop trading from moving without a pause.
Pledged Shares
Shares given as collateral, disclosed in the Indian shareholding pattern, most often by promoters.
XBRL Filings
Financial statements and some other returns filed in a tagged electronic format so that numbers can be read by software.
Consolidated Financial Statements
The accounts of a parent and its subsidiaries presented as one economic entity.
Standalone Financial Statements
The accounts of one legal entity, without adding the line-by-line results of its subsidiaries.