The National Stock Exchange (NSE) has received final approval from the Securities and Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE) as a separate segment of the NSE.


About Social Stock Exchange

  • SSE is a novel idea in India, and a stock exchange of this kind is intended to benefit the private and non-profit sectors by directing more capital to them.
  • The SSE will function as a distinct division of the current stock exchanges under the new regulations.


Who can list on SSE?

  • Not-for-profit organisations (NPOs) and for-profit social enterprises with social intent and impact as their primary goal will be eligible to participate in the SSE.
  • The social enterprises will have to engage in a social activity out of 16 broad activities listed by the regulator. The eligible activities include —
      • Eradicating hunger poverty, malnutrition and inequality
      • Promoting healthcare, supporting education, employability and livelihoods
      • Gender equality empowerment of women LGBTQIA communities.
      • Supporting incubators of social enterprise.
  • Corporate foundations, political or religious organisations or activities, professional or trade associations, infrastructure companies, and housing companies, except affordable housing, will not be eligible to be identified as social enterprises.
  • According to SEBI’s framework, a minimum issue size of ₹1 crore and a minimum application size for the subscription of ₹2 lakh are currently required for SSE.