BSE releases data on promoters' pledged shares for April 2018

In an attempt to bring value-added information to enable swift decision-making for the stakeholders of the Indian capital market, the Bombay Stock Exchange (BSE) has released the data about market capitalisation of companies listed on the BSE as also the data on promoters’pledged holdings . The stock exchange has planned to provide latest information about the promoters’ pledged holdings every month within five working days of the subsequent month.

According to the stock exchange, the market capitalisation of all the companies listed on the BSE stood at Rs 143,84,028 crore as on March 31, 2018 and Rs 152,55,610 crore as on April 30, 2018. Meanwhile, the total number of companies listed on the BSE was 5035 as on March 31, 2018, which increased to 5043 as on April 30, 2018. The companies with promoters’ pledged holdings rose from 3074 as on March 31, 2018 to 3142 as on April 30, 2018, respectively. Meanwhile, the value of promoters’ pledged holdings stood at Rs 2,39,611 crore as on March 31, 2018 and Rs 2,57,744 crore as on April 30, 2018. The value of shares pledged with NBFCs was Rs 143,336 crore as on March 31, 2018 and Rs 180,392 crore as on April 30, 2018.    
 
Furthermore, the exchange reported that as on April 30, 2018, about 448 companies had  promoters’pledged holdings below 30 per cent , 152 companies had promoters' pledged securities between 30 to 50 per cent, while 81 companies had promoters with pledged securities between 50 to 75 per cent and three companies between 75 to 90 per cent.     
 
BSE is Asia’s first stock exchange and is reportedly the world’s fastest exchange with transaction speed of 6 microseconds.