Bhubaneshwar Stock Exchange Association Ltd. (BhSE) came into existance in the year 1989. It has been registered under the Companies Act, 1956 as a company limited by guarantee.
By 1999-2000, the exchange had a total of 234 brokers, out of which 15 were corporate brokers. Among 234 brokers, it was further classified as 209 proprietors and 15 corporate brokers. Then, there were only 17 sub-brokers registered.
On 15th September, 2005, SEBI approved the corporatisation and demutualisation schemes of the Bhubaneshwar Stock Exchange which were required in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.
Bhubaneswar Stock Exchange Ltd.
6th Floor ,IDCO Towers
Janpathi
Bhubaneshwar 751 007
India