Listing Companies From India On The Frankfurt Stock Exchange

Activity of Indian companies on the Frankfurt Stock Exchange has been impressive to say the least. At Deutsche Börse, all Indian equity instruments are actively traded within the unregulated market. Deutsche Börse‘s Indian equity instruments are significantly more liquid compared to London SE and Luxembourg SE. Companies from almost all sizes are most liquid at Deutsche Börse.

In total about € 1.5 bn is invested in Indian companies by German investors. The biggest German investor is DWS.

IT / Telecom, Utilities / Energy, Financials, Automobile and Consumers are the major focus of German Investors. These hot topic sectors are the corner stone of the Indian economy and make for great IPO and listing candidates.

In February 2007 the Deutsche Borse AG (Frankfurt Stock Exchange) purchased 5% of the Bombay Stock Exchange (BSE) which led to the November 2008 cooperation agreement in which both partners agreed to simplify access to their stock exchanges for companies in their respective markets. 

A variety of events thereafter unfolded:

• November 2008: India Forum at the German Equity Forum 2008 in Frankfurt

With presentations about the Indian economic, – business culture and commercial law, as well as sector and companies presentations together with Beiten Burkhardt

• November 2008: Indian Securities Forum 2008

Participation as a sponsor and speaker at the Indian Securities Forum Meetings in Mumbai and Delhi with potential companies together with BSE

• April 2009: Listing Seminar in Mumbai

With presentations concerning opportunities of a cross-boarder listing and legal requirements of a listing at Deutsche Börse.

• November 2009: India Forum at the German Equity Forum 2009 in Frankfurt

With presentations of Indian companies to potential investors Meetings of Indian companies with Deutsche Börse Listing Partners

• January 2010: Meetings with investment banks and advisors
• June 2010: Listing Seminar in Mumbai

With presentations concerning opportunities of a cross-boarder listing and legal requirements of a listing at Deutsche Börse.

Reasons For Indian Companies to List:

The liquidity situation of the different international stock exchanges has shown that, in general, liquidity in stock trading in Frankfurt is significantly higher. Greater liquidity through higher trading volumes is a good basis for a fair valuation of a company on the capital markets. 

The approved indices of the Frankfurt Stock Exchange increase the visibility of Indian companies and attract the attention of Indian and European investors alike. In Germany, Indian companies come together with analysts with expertise in a specific sector, especially in those sectors where Germany is particularly strong. 

Companies can access investors all over the world through the Xetra trading platform of the Frankfurt Stock Exchange. Currently, a total of over 250 trading members are listed on XETRA. 

A range of market segments which allow issuers to choose the market segment that best suits them, taking into account access criteria, post-admission obligations and the objectives pursued by the listing. The listing procedure at the Frankfurt Stock Exchange is one of the fastest in the world and the listing fees are highly attractive compared to other international Frankfurt Stock Exchange competitors. 

Particularities In Connection With Indian Issuers One specific concern for Indian issuers is that, according to Indian law, a direct listing of shares of an Indian company on a foreign stock exchange is not possible. A direct admission would be conceivable only via a holding structure if the holding (and issuer of the shares to be admitted) has its registered office outside of India and only the operational companies are located in India. Due to common language and laws, it is recommended this would be done via a UK Holding Company.

Choice Of Market Segments On The Frankfurt Stock Exchange Issuers at the Frankfurt Stock Exchange can choose between the Regulated Market (General Standard/ Prime Standard) and the stock exchange only-regulated Open Market (First/Second Quotation Board and Entry Standard).  In principle, access to the Regulated Market is only possible with a securities prospectus approved by the supervisory authority in the issuer’s home member state within the European Economic Area (EEA).  Moreover, issuers in the Regulated Market are subject to the post-admission obligations of the EU Transparency Directive as implemented in German law. As regards post-admission obligations, the Prime Standard offered by the Frankfurt Stock Exchange to its issuers is a quality segment that imposes even stricter requirements on issuers than the EU Transparency Directive. 

Admission to the Open Market (First Quotation Board and Entry Standard segments) does not in require a securities prospectus. In this respect and in comparison to some European competitors requiring a document similar to a prospectus for admission to their stock exchange regulated market segments, the Frankfurt Stock Exchange provides easier, faster and less costly access to capital markets, especially as the drafting of a securities prospectus or comparable document is both time consuming and costly for the issuer. 

Whereas no post-listing obligations have to be observed for the First Quotation Board segment listing, issuers for the Entry Standard undertake to comply with certain post-listing reporting requirements.

Contact info@fselistings.com to choose a suitable structure for your company!

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Examples of Indian Listed Companies

AXIS BANK LTD

BAJAJ HLDG+INDV.GDR S IR10

CROMPTON GREAVES

DR REDDYS LABS

FINL TECHS I.GDR REG S/7

GAIL INDIA

GT EASTERN ENERGY

HDFC BANK LTD

ICICI BANK LTD ADR/2

INDIABULLS REAL

INFOSYS TECHS

LARSEN+TOUBRO

MAHANAGAR TELE NIG.

MAHINDRA+MAHIN.GDR/REG.S

PATNI COMP. SYS

RANBAXY LABORATORY

REDIFF.COM I.ADR0,5 IR-05

RELIANCE INFRASTRUCTURE

RELIANCE INDUSTRIES

SATYAM COMPUTER

SIFY TECHNOLOGIES LTD

STATE BANK OF INDIA

STEEL AUTH. OF. IND

STERLITE IND

SUZLON ENERGY LTD

TATA COMMUNICATIONS

TATA MOTORS

TATA STEEL

WIPRO LTD

Frankfurt Listing- No upfront fees

Our listings company, http://www.fselistings.com has had great success listing companies on the Frankfurt Stock Exchange within a 3-6 week window depending on jurisdiction and complexity. There is no upfront fees associated to the process, we charge the funds after the company is trading on the Frankfurt Stock Exchange.

The company is only responsible for initial incorporation documents, and ensuring they qualify prior to being signed as a client.

While your currency is strong against the Euro, you should take advantage of this opportunity to list!

*Listing fees are reduced based upon upfront payments.

Our capital raising partners are interested in working with Oil and Gas, Resources, Technology, and Development companies. Once your firm is listed, we can assist in introducing 1-10 million euro of financing.

Contact for references and to see if you are qualified for this program: info@fselistings.com

FSE Listings Inc guarantees the success of your listing! www.fselistings.com

Contact us with your information!

Please include:

• Company Name
• Contact Name
• Contact Number
• Contact Email
• Amount of Capital invested to date
• Amount of Capital required
• Reasons for wanting to list
• Description of Business
• Website if available

Contact Robert Russell or Mark Bragg today!

• Robert Russell Russell@fselistings.com
• Mark Bragg Info@fselistings.com
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