Vadodara Stock Exchange

Vadodara Stock Exchange (VSE) is the third stock exchange of Gujarat and was established in 1990. It was constructed after Ahmedabad and Rajkot stock exchanges. The stock exchange of Vadodara is situated at Fortune Towers in Sayajigunj and occupies an area of 1,56,238 square feet.

Vadodara Stock Exchange Limited is the 19th recognized stock exchange in India. It was recognized by the Government of India as a Stock Exchange on 5th January, 1990. During its inception, the stock exchange of Vadodara contained about 150 members. Presently, it possesses about 290 members and about 90 sub-brokers. The average turnover of the stock exchange is about Rs. 60 crores. Presently, about 484 companies are listed with the stock exchange of Vadodara.

It is noteworthy that VSE floated its subsidiaries as VSE Stock Services Limited, owing to the circular of Securities and Exchange Board of India (SEBI). Among the services provided by VSSL are:

• Efficient Pay Out of Funds and Securities
• Direct Billing of Clients
• Auto Pay In for VSE Stock Services Limited clients having Demat Accounts in VSE CDSL DP
• Strong Risk Management Features
• Electronic Contract Notes
• All Demat related Services
• Trading at BSE and NSE Cash Segment

Furthermore, Vadodora Stock Exchange has many branches in Bharuch, Anand and Surat for the depository operations. Besides, the stock exchange at Vadodara has about 290 trading members. Out of the 290 members, the exchange has 54 corporate trading members.



Last Updated on: 8/05/2013