Skip to main content
Diverse team collaborating on social impact work
Social Stock Exchange

Social Stock Exchange in India: Guide for NGOs and NPOs

Understand your eligibility, registration path, funding options, and compliance requirements under India's Social Stock Exchange framework.

Home/Social Stock Exchange
Start here

Find your path

Four steps cover most of the SSE journey. Pick where you are.

A practical note. It is tempting to treat the SSE as a fundraising channel and dive straight in. In practice the first question is a quieter one: can your organisation stand up to public scrutiny on eligibility, governance, disclosures, and impact. Get that right, and the rest of the journey is far shorter than it looks.

Not sure if your NGO qualifies?

Run a quick self-assessment against SEBI's eligibility criteria before you prepare documents.

FAQ

Frequently asked questions

What is the Social Stock Exchange?+
The Social Stock Exchange (SSE) is a separate segment of India’s existing stock exchanges (NSE and BSE) that lets eligible social enterprises register, report their social impact, and raise funds under a SEBI framework. Not-for-profit organisations raise money through Zero Coupon Zero Principal (ZCZP) instruments; for-profit social enterprises can use equity or debt.
Who can list on the Social Stock Exchange?+
Two kinds of social enterprises: Not-for-Profit Organisations (a charitable trust, society, or Section 8 company that meets SEBI’s eligibility criteria) and For-Profit Social Enterprises. NPOs can choose to register only (to build a public, verifiable track record) or register and raise funds.
What is the difference between NSE SSE and BSE SSE?+
Both NSE and BSE host SSE segments under the same SEBI framework, so eligibility, ZCZP, and disclosure rules are the same on either. The practical differences are the platform you apply on and exchange-set operational details; confirm current specifics with NSE and BSE.
How do NGOs raise funds on the SSE?+
Registered NPOs raise grant funding by issuing Zero Coupon Zero Principal (ZCZP) instruments. A ZCZP pays no interest and returns no principal, so subscribing is effectively a structured donation tied to a defined social project. Since May 2026, companies can also route part of their CSR into ZCZP instruments.
Is my NGO eligible to register on the SSE?+
In broad terms an NPO must be a charitable trust, society, or Section 8 company, registered and operational for at least 3 years, with valid 12A/12AB and 80G registrations, a minimum annual spend of around ₹50 lakh and at least ₹10 lakh of prior-year funding, and it must meet SEBI’s primacy-of-social-intent test (Reg 292E, including the 67% rule). Confirm the current criteria before applying.

This page is a general explainer, not legal or financial advice. SEBI and the exchanges revise the SSE framework periodically; confirm the current position with SEBI, NSE, or BSE before acting.