The exchange has also ordered freezing of the entire promoter shareholding of these companies till further notice
The 141-year-old exchange has about 9,000 shareholders. It received Sebi's in-principle approval in March this year
Auction will be conducted on BSE's 'ebidxchange' platform during 1530-1730 hours, after the close of market trading
Had applied to Sebi in July for permission to start web aggregator, broking arms
This makes it the first collaboration in Asia between a stock exchange and a social networking site
Apart from stake sale or IPO of CDSL by March, there is potential for the bourse to monetise equity holding in other subsidiaries
Shares worth over Rs 1,000 cr could be sold in the IPO, which is expected to be entirely an offer for sale by existing shareholders
Seven banks will manage the Rs 1,200 crore IPO
Offer size could vary from Rs 1,200 crore to Rs 2,000 crore
BSE is among world's 10 largest exchanges in terms of market value, while it is biggest in terms of number of firms listed on its platform
Since March, post Union Budget, investor wealth increased by 29% or Rs 24.88 lakh crore from Rs 85.83 lakh crore.
The exchange said that trading members can place up to 99 quotes through a single request message
Shareholders were given option of offering their shares, which were held for a continuous period of one year prior to filing of the draft prospectus with Sebi
In a circular, BSE said it would shift the scrips to the Z group, wherein their scrips would be settled on trade-for-trade basis
The move is a part of surveillance review to ensure market safety and safeguard the interest of investors
NSE too invites final pitches from merchant bankers
The securities of these firms have been under suspension for more than 13 years on account of non-compliance
Industry experts believe that the deal can create a very useful end to end platform offering direct and indirect schemes
The exchange has already started marketing the concept to its members; first road show in India was held in Ahmedabad
The auction will be held on August 16