Vadodara Stock Exchange
Encyclopedia
Vadodara Stock Exchange or VSE is located in the city of Vadodara
in Western India
. It was established in 1990 at Vadodara
. It is the third largest stock exchange in the state of Gujarat after Ahmedabad
and Rajkot. It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.
From a humble beginning in 1986 with the Vadodara Stock Brokers' Association having 150 members, it was incorporated on January 22, 1990 as Vadodara Stock Exchange Limited. By 1999, the exchange had a total of 321 brokers, of which 65 were corporate brokers, 253 were proprietor brokers, and 3 were partnership brokers. Then, there were only 85 sub-brokers registered.
Vadodara
Vadodara formerly known as Baroda is the third most populated city in the Indian State of Gujarat . It is one of the four cities with the population of over 1 million...
in Western India
West India
West India or the Western region of India consists of the states of Goa, Gujarat and Maharashtra, along with the Union Territories of Daman and Diu and Dadra and Nagar Haveli. It is highly industrialized, with a large urban population. Most of Western India was part of the Maratha Empire before...
. It was established in 1990 at Vadodara
Vadodara
Vadodara formerly known as Baroda is the third most populated city in the Indian State of Gujarat . It is one of the four cities with the population of over 1 million...
. It is the third largest stock exchange in the state of Gujarat after Ahmedabad
Ahmedabad
Ahmedabad also known as Karnavati is the largest city in Gujarat, India. It is the former capital of Gujarat and is also the judicial capital of Gujarat as the Gujarat High Court has its seat in Ahmedabad...
and Rajkot. It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.
From a humble beginning in 1986 with the Vadodara Stock Brokers' Association having 150 members, it was incorporated on January 22, 1990 as Vadodara Stock Exchange Limited. By 1999, the exchange had a total of 321 brokers, of which 65 were corporate brokers, 253 were proprietor brokers, and 3 were partnership brokers. Then, there were only 85 sub-brokers registered.