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SSE Registration Case Study: How CHORD Registered as an NPO on NSE Social Stock Exchange
Case Study

SSE Registration Case Study: How CHORD Registered as an NPO on NSE Social Stock Exchange

Before an NGO can raise funds on the Social Stock Exchange, it must register as a Social Entity. SSE4NGO filed and secured that registration for CHORD, a Hyderabad non-profit, and renewed it effective 26 June 2025.

By SSE4NGO Editorial Team 17 Jun 2026 3 min read

Quick summary

CHORD, a Hyderabad non-profit working in education and skilling since 1998, is registered as a Social Entity (NPO) on the NSE Social Stock Exchange.

  • SSE4NGO filed and secured the registration, and renewed it effective 26 June 2025.
Case study Social Stock Exchange NPO registration NSE SSE

Raising money on the Social Stock Exchange starts with registration. Before an NGO can list a project or issue a Zero Coupon Zero Principal instrument, it has to be registered as a Social Entity on a recognized exchange. This case study walks through one such SSE registration, from eligibility documentation to renewal.

Why this case is worth reading: CHORD's registration is instructive not because it was unusual, but because it shows the process is genuinely achievable. The work behind it was unglamorous: records in order, eligibility demonstrable, and a purpose set out clearly. That quiet groundwork is almost always what a clean SSE filing rests on.

About CHORD

CHORD (Child Welfare and Holistic Organization for Rural Development) is a Hyderabad-based non-profit that has worked since 1998 in child and girl-child education, youth and women's skill development, and rural community development across Telangana and Andhra Pradesh. You can read more about its work at chordindia.org.

What SSE registration on the NSE Social Stock Exchange involves

Registering an NPO as a Social Entity on the NSE Social Stock Exchange is a documentation-heavy process. Among SEBI's requirements, an applicant typically needs to show:

  • A valid registration under Section 12A / 12AA / 12AB of the Income-tax Act

  • Audited financial statements and a fund-flow statement for the recent financial years

  • Governance, activity, and impact disclosures in the format the exchange prescribes

  • Appointment of a registered Social Auditor for the annual impact report

For a step-by-step walkthrough of the same process, see our SSE registration step-by-step guide, or read about our SSE registration service.

What SSE4NGO did

SSE4NGO, the advisory practice of G Madhava and Associates, handled the registration for CHORD end-to-end. We assembled the eligibility documentation, prepared the disclosures and audited financials required by the exchange, and filed the application with the NSE Social Stock Exchange. The application was accepted, and CHORD was registered as a Social Entity (Not-for-Profit Organization). When the registration came up for renewal, we filed that too.

Outcome

CHORD is registered as a Social Entity (Not-for-Profit Organization) on the NSE Social Stock Exchange, with the registration renewed effective 26 June 2025. With the registration in place, CHORD can list eligible projects and raise funds through the SSE in line with SEBI's framework.

Sources

This case study describes one engagement and is not legal advice; SSE eligibility and procedure are set by SEBI and the exchanges, so confirm the current position before you apply. If your NGO is considering SSE registration, you can get in touch.