Social Stock Exchange (SSE)

Eligibility Criteria for NGOs

To register on the SSE, NGOs must meet specific criteria that demonstrate their commitment and capability to deliver social impact.

Organizational Structure and Legal Requirements

• 1

  Type of Organization: An eligible NGO can be:

  • A Charitable Trust registered under respective state laws.
  • A Charitable Society registered under the Societies Registration Act, 1860.
  • A Section 8 Company under the Companies Act, 2013.
• 2

  Mandatory Registrations:

  • The NGO must hold valid certifications under Sections 12A/12AA/12AB of the Income Tax Act, which recognize the NGO's exempt status.
  • It must also have a valid 80G certification, enabling donors to claim tax deductions.
  • Registration on the NGO Darpan portal is crucial. This portal, managed by NITI Aayog, serves as a government-endorsed database of NGOs.

Financial Stability and Track Record

• 1

  Operational Tenure:

  • The NGO should have been operational for at least three years, demonstrating its sustained commitment and capability to deliver social impact.
• 2

  Financial Requirements:

  • The NGO should have a track record of considerable financial expenditure towards social activities, with a minimum annual spending of INR 50 lakhs.
  • Additionally, it should have maintained a minimum fund balance of INR 10 lakhs in the past year, indicating financial stability.

Focus on Social Impact

• 1

  Predominance of Activities:

  • The NGO must prove that at least 67% of its activities (based on a 3-year average) are dedicated to serving underserved or less privileged population segments or regions lagging in development indices.

Resources to help you register/ list on the SSE at BSE/ NSE:

• BSE FAQs

• NSE FAQs

• NSE Social Stock Exchange Brochure

For more details visit:

• https://www.nseindia.com/sse

• https://www.bsesocialstockexchange.com

Important notifications and circulars of SEBI:

• Amendments to LODR

• Amendments to LODR

• Amendments to AIF

• Notification of ZCZP

• SEBI Circular of September 19, 2022