OTC Exchange of India

OTC Exchange of India
OTC Exchange of India
Type Stock Exchange
Location Mumbai, India
Founded 1990
Owner OTC Exchange of India
Key people Mr Praveen Mohnot, MD[1][2]
Currency Indian rupee (INR)
Website Official Website

OTC Exchange Of India (OTCEI) also known as Over-the-Counter Exchange of India based in Mumbai, Maharashtra.It is the first exchange for small companies.[3] It is the first screen based nationwide stock exchange in India.[4] It was set up to access high-technology enterprising promoters in raising finance for new product development in a cost effective manner and to provide transparent and efficient trading system to the investors.[5]

OTCEI is promoted by the Unit Trust of India, the Industrial Credit and Investment Corporation of India, the Industrial Development Bank of India, the Industrial Finance Corporation of India and others and is a recognised stock exchange under the SCR Act.


OTC Exchange Of India was founded in 1990 under the Companies Act 1956 and got recognized by the Securities Contracts Regulation Act, 1956 as a stock exchange.[6]


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