https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Saurashtra_Kutch_Stock_ExchangeSaurashtra Kutch Stock Exchange - Revision history2026-09-07T15:30:56ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Saurashtra_Kutch_Stock_Exchange&diff=148351&oldid=prev2409:4065:E94:73EB:E460:9AD3:95CE:DA8E at 16:57, 22 August 20212021-08-22T16:57:06Z<p></p>
<p><b>New page</b></p><div>{{Use Indian English|date=July 2017}}<br />
{{Use dmy dates|date=July 2017}}<br />
{{Infobox Exchange<br />
|name = Saurashtra Kutch Stock Exchange<br />
|nativename = SKSE<br />
|logo = <br />
|image =<!-- Deleted image removed: [[File:SKSE Building.jpg|200px]] --><br />
|type = [[Stock exchange]]<br />
|city = Rajkot<br />
|country = India<br />
|coor = {{coord|22|18|N|70|47|E |region:IN_type:landmark}}<br />
|foundation = July, 1989<br />
|owner = [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]]. <br />
|key_people = <small>([[Executive Director]])</small><br />
|currency = {{INR}}<br />
|commodity = <br />
|listings = <br />
|mcap = <br />
|volume = <br />
|indexes = <br />
|homepage = [http://www.sksesl.com Saurashtra Kutch Stock Exchange]<br />
|footnotes = <br />
}}<br />
<br />
'''Saurashtra Kutch Stock Exchange Limited''', popularly called ''Stock Exchange'', or ''SKSE'') is one of three Indian [[stock exchange]] in [[Gujarat]]. It is located at [[Sadar Bazaar, Rajkot|Sadar Bazaar]], [[Rajkot]], [[India]]. Saurashtra Kutch Stock Exchange Ltd was incorporated in the month of July 1989 and got recognition from the [[Government of India]]. The recognition have been renewed from time to time by the Central Government and [[Securities and Exchange Board of India|SEBI]]. It is under the ownership of [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]].<br />
<br />
==History and Present==<br />
<!-- Deleted image removed: [[File:Late Shri Popatbhai Sorathia.jpg|thumb|150 px|right|Late Shri Popatbhai Sorathia, who dreamed about bringing Stock Exchange in this region.]] --><br />
The Stock Exchange is recognized under Securities Contracts Regulation Act. Earlier the Stock Exchange was having very good volume. The broker members were doing huge volume on the floor of the stock exchange. Subsequently after the commencement of National Stock Exchange and on-line computerized trading, the volume on the regional Stock Exchanges faced the decreased trend and as a result, the regional stock exchanges were facing difficulties of reduced liquidity, volume and dept. In December 1999, [[SEBI]] has permitted the regional stock exchange to acquire membership of bigger stock exchanges like [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]] by forming a subsidiary company and thereby to provide trading platform to the brokers of regional stock exchanges. Accordingly, many stock exchanges have floated subsidiary company for acquiring membership of BSE or NSE. Our stock exchange has also floated a subsidiary company namely SKSE Securities Limited which is a 100% subsidiary of Saurashtra Kutch Stock Exchange Ltd. This subsidiary has acquired membership of BSE and NSE and it has got SEBI registration also and got permission for trading from the Stock Exchange, Mumbai and National Stock Exchange of India Ltd., [[Mumbai]]. Our subsidiary is also a Depository Participant of [[CDSL]].<ref>"[http://www.sksesl.com/About_us.html About SKSE]"., Retrieved on 20 December 2007</ref><br />
<br />
==Automation==<br />
<!-- Deleted image removed: [[File:Inauguratting stone of online trading of the SKSE.jpg|thumb|150 px|right|Opening of online trading of the Exchange]] --><br />
The stock exchange went live on 3 October 1996. Online trading was inaugurated by Shri M. R. Maiya (Bhishmapitamaha of Capital Market). Initially, SKSE used paperbased system before automation. Since 3 October 1996, SKSE operates on Saurashtra Kutch Stock Exchanges's Online Trading System called '''SKATE'''. Members of the SKSE can also trade on the Bombay Stock Exchange though [[VSAT]] channels. Today the stock exchange has 120 trading members.<br />
<br />
==Subsidiary==<br />
SKSE Securities Ltd is a subsidiary of Saurashtra Kutch Stock Exchange Ltd. SKSE Securities Ltd is member of [[Bombay Stock Exchange|The Stock Exchange Ltd, Mumbai]] (BSE), [[National Stock Exchange of India]] (NSE), [[Central Depository Services Limited|Central Depository System (India) Ltd]] ([[CDSL]]).<br />
As SKSE securities ltd is a 100% subsidiary of skse ltd, has to follow up the winding process as skse ltd is de-recognized the rights to trade on bse/nse as per the sebi guidelines.<br />
<br />
SKSE securities has to give notice to the account holder or traders to stop using the services so as to comply with the sebi order immediately<br />
<br />
== See also ==<br />
* [[List of stock exchanges]]<br />
* [[List of South Asian stock exchanges]]<br />
* [[List of stock exchanges in the Commonwealth of Nations]]<br />
<br />
==References==<br />
{{Reflist}}<br />
<br />
==External links==<br />
* [http://www.sksesl.com Saurashtra Kutch Stock Exchange Limited]<br />
<br />
{{Financial services in India}}<br />
{{Stock exchanges in India}}<br />
<br />
[[Category:Rajkot]]<br />
[[Category:Economy of Gujarat]]<br />
[[Category:Former stock exchanges in India]]<br />
[[Category:1989 establishments in Gujarat]]<br />
[[Category:Indian companies established in 1989]]</div>2409:4065:E94:73EB:E460:9AD3:95CE:DA8E