Glossary Background

The Bombay Stock Exchange (BSE), founded in 1875 under a banyan tree in Mumbai, is India’s and Asia’s oldest stock exchange. It facilitates companies in raising capital by issuing new securities through Initial Public Offerings (IPOs) or Follow-on Public Offerings (FPOs). Additionally, it provides a platform for traders and investors to buy and sell securities such as shares and Exchange-Traded Funds (ETFs). Located in Mumbai, the BSE has grown from its humble origins to become a key player in India’s financial markets, enabling both corporate fundraising and investment opportunities for market participants.