For most of its history, the BSE functioned as a mutual organisation, owned and run by brokers. But with the rise of global best practices and competing exchanges, it needed to change. In 2005, the BSE began its corporatisation journey, and by 2007, it was demutualised, bringing in outside shareholders and separating ownership from management. Deutsche Börse and the Singapore Exchange later acquired minority stakes, integrating the BSE further into the global financial ecosystem. The BSE also expanded its product portfolio to include equity derivatives, debt instruments, mutual funds, and currency futures, and launched SME and startup platforms to cater to India’s growing entrepreneurial economy.
On February 3, 2017, the BSE itself got listed on its platform — a rare milestone in global exchange history. The IPO was oversubscribed 51 times, reflecting strong investor trust. Today, BSE Ltd. is a listed company with the ticker: 538976, governed by a professional board, and regulated by the Securities and Exchange Board of India (Sebi). In the era of fintech and instant settlements, BSE is aligning itself with India’s digital-first vision. It has played a key role in expanding retail participation, integrating UPI for IPO payments, and supporting initiatives such as T+1 rolling settlement, which enables stock trading to be nearly real-time.
