Market Status: Closed
  Tuesday, 25 Sep '18
   01:22:19 (BST)

CSE OTC

What Is The OTC

Over The Counter (OTC) is a new facility of Chittagong Stock Exchange for the issuers, investors, capital market and the nation at large, to assist in efficient capital formation by developing vibrant, dynamic and self regulated capital market.

Benefits of Listing in the OTC

  • Companies with small and medium paid-up capital get opportunity of trading their shares in Stock Exchange
  • Favourable issue cost for entrepreneurs
  • Enhanced visibility through national exposure
  • Improved investment opportunities for growth sector enterprises
  • Zero percent interest finance for Entrepreneurs
  • Provides a source of valuation of securities

Which Companies Are Eligible For OTC Facilities

Unlisted company 
(A public limited company issued securities but not offered for public subscription is an unlisted securities)
If your company is a unlisted company and meets up the following criteria then it is eligible for OTC facilities

  • Paid-up capital at least taka Ten million
  • Regularly holding its AGM
  • No accumulated loss

De-listed company

  • Companies de-listed from CSE and/or DSE

How To Apply For Registration In The OTC

  • Apply in prescribed Form A
  • Enclosed necessary documents and Undertaking in 100.00 taka stamp paper with the application form as prescribed by the Exchange.
  • Submission of all documents as required by the Board of the Exchange

However as per BSEC's directive no BSEC/CMRRCD/2001-16/168 dated 1st October 2009 Chittagong Stock Exchange Ltd. is providing OTC facilities for transaction of those "Z" category securities trading of which were under suspension or halted.