NSE Emerge (EMERGE) is the platform at the National Stock Exchange (NSE) for Small and Medium Enterprises (SME). The SME companies raise funds from the public and get listed at the SME exchange by selling equities in the company. NSE Emerge companies eventually move to the main exchange once they grow.
NSE SME listed companies get listed in either 'SM' (Normal segment) or 'ST' (Trade-to-Trade (T2T) segment) group. The stocks on the normal segment can be bought and sold the same day, whereas the stocks in the T2T segment cannot be bought and sold the same day. One has to take the delivery of the stock once bought and can be sold the next day.
The companies listed on NSE SME exchange get traded as per the stated minimum lot size for each scrip.
Following are the sub-segments available at NSE SEM Platform:
In this segment trades executed during the day are settled on the same day. Trading in rolling settlement are settled on a T+2 basis (on the 2nd working day)
In this segment all trades results in to delivery (Trade to Trade shares cannot be traded on intraday). The settlement of securities available in this segment is done on a trade for trade basis and no netting off is allowed.
A separate trading window is provided to facilitate odd lot trading in NSE SME listed shares. Under odd lot market orders with the same price and quantity will match on time priority. The base price, price band and tick size will be same as corresponding normal market (series SM / ST) on that day.
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O