Filing of Abridged Prospectus of Public Issues in XBRL format

Last updated: 01 September 2023

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The National Stock Exchange of India (NSE) has introduced a new requirement for public issues. Effective September 1, 2023, Merchant Bankers and Issuers must file the Abridged Prospectus in XBRL format via the NSE's online portal, neaps.nseindia.com. This change aligns with SEBI regulations and aims to make issue data more accessible to stakeholders.

National Stock Exchange of India

Circular Ref. No.: NSE/CML/2023/63 Date: August 31, 2023

All Listed Entities
All Issuers who propose to list specified securities,

Sub: Filing of Abridged Prospectus of Public Issues in XBRL format

The Exchange has introduced filing of Issue Summary Document (ISD) and dissemination of issue advertisement in accordance with Securities and Exchange Board of India (SEBI) Circular no. SEBI/HO/CFD/PoD-1/P/CIR/P/2023/29 dated February 15, 2023. The same was informed to market intermediaries vide Exchange’s Notice no. NSE/CML/2023/16 dated February 16, 2023.

In continuation of the same, the Exchange has now made provision to file the Abridged Prospectus in XBRL format, in a structured manner to facilitate consumption of data by stakeholders such as researchers, policy makers, market analysts, and market participants, in respect of Public Issues.

The Merchant Bankers / Issuers are advised to file Abridged Prospectus of the Issue (as per the format prescribed under SEBI Circular No. SEBI/HO/CFD/SSEP/CIR/P/2022/14 dated February 04, 2022) in XBRL format with the Exchange, before opening of the Issue.

The same shall be filed at the “https://neaps.nseindia.com/NEWLISTINGCORP/”, the online portal of NSE.

The filing of Abridged Prospectus in XBRL format shall be applicable for all Public Issues of equity shares, opening with effect from September 01, 2023.

Merchant Bankers / Issuers are requested to take note of the same. For any further details you may contact the following Officers:-

Name of Official	Contact Number	Email ID
Mr. Prabal Bordiya	+91 9691113621	pbordiya@nse.co.in
Ms. Jalpa Mehta	+91 9664183313	jalpam@nse.co.in

For and on behalf of
National Stock Exchange of India Limited

Jalpa Mehta
Manager

FAQ :

Merchant Bankers and Issuers are now required to file the Abridged Prospectus of Public Issues in XBRL format with the NSE.

This requirement is applicable for all Public Issues of equity shares opening on or after September 1, 2023.

The Abridged Prospectus in XBRL format should be filed on the NSE's online portal at https://neaps.nseindia.com/NEWLISTINGCORP/.

Filing in XBRL format is intended to facilitate the consumption of data by stakeholders such as researchers, policy makers, market analysts, and market participants.

This change is in accordance with SEBI Circular no. SEBI/HO/CFD/PoD-1/P/CIR/P/2023/29 dated February 15, 2023, and the Abridged Prospectus format is prescribed under SEBI Circular No. SEBI/HO/CFD/SSEP/CIR/P/2022/14 dated February 04, 2022.

Notification No : NSE/CML/2023/63
Source : https://static.nseindia.com//s3fs-public/inline-files/NSE_Circular_31082023.pdf

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