Monday, 22 May 2017


The UP Stock Exchange Limited (Formerly known as The U.P.Stock Exchange Association Ltd., Kanpur), is a Kanpur-based stock exchange. UP Stock exchange was incorporated in Year 1982.UPSE Securities Limited is a wholly owned subsidiary of U.P Stock & Capital Limited (i.e UP Stock Exchange) since 2000.UPSE Securities Limited obtained the Trading Membership of Bombay Stock Exchange (BSE) and commenced On-line trading on BSE (BOLT) with effect from 29.01.2001.Thus UPSE Securities was formed to obtain Trading Membership and provide Trading facilities on the exchange.

 With SEBI (I.E Securities and Exchange Board of India) circular No. CIR/ MRD/ DSA/ 14/ 2012 dated 30th May, 2012 all the regional stock exchanges was closed down. All the Regional Stock Exchanges were provided an exit option to the de-recognised stock exchanges and recognised stock exchanges seeking voluntary surrender of recognition ("exiting RSEs") as per the SEBI order. Companies listed exclusively on exiting or de-recognised RSEs will be required to seek listing on atleast any other RSE that is not seeking de-recognition and exit in terms of the aforesaid SEBI Circular. As per the aforesaid SEBI Circular, companies failing to list on any other RSE, such companies will be treated as an unlisted company and shall be moved to Dissemination Board (DB) by such exiting or de-recognised RSE.


SEBI has directed all exchanges that do not possess a trading platform with an annual turnover of at least ₹1,000 crore and a net worth of ₹100 crore, and that do not have a tie-up with a clearing corporation, to exit. On de-recognition of UP Stock Exchange in 2015, SEBI registration certificates as Trading Members of Exchange stand cancelled. However, SEBI registration certificates of the Trading Members as Sub-Brokers of UPSE Securities Limited on NSE and/ or BSE shall continue to be valid. All the Investors of Sub-Brokers shall continue to trade through UPSE Securities Limited and avail DP Services without any interruption.

UP Stock Exchange had many valuable and noteworthy companies with strong financial background and management control. Some of these UPSE listed companies got listed on national wide stock exchanges i.e BSE(Bombay Stock Exchange), NSE(National Stock Exchange), Metropolitan Stock Exchange or Kolkata Stock Exchange. Many companies have also come out with buy back offer for their shareholders to provide them liquidity option.

ADVANTAGES TO SHAREHOLDERS: De-recognized/ regional/ dash board companies are more beneficial source of investment since these companies have to be compulsorily come out with either buy back ie exit offer for investors or list themselves on recognized national level exchanges. Thus Investors have a good opportunities to be the part of valuable stock on such exchanges and get a short term exit route. SEBI has been receiving representations seeking clarifications on raising of further capital and the process of exit of ELCs from the DB. Therefore, in the interest of the investors of such ELCs, it is decided to extend the time to submit the plan of action till June 30, 2017.

List of Uttar Pradesh Stock Exchange of India(i.e UPSE) Listed Companies

For buying and selling any unquoted / unlisted / delisted or suspended shares in physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on

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