Social Stock Exchange License
Social Stock Exchange License
India now has a regulated way for social enterprises to raise funds transparently — the Social Stock Exchange (SSE) under SEBI. Whether you’re an NGO seeking donor confidence or a for-profit entity creating measurable social impact, SSE listing requires specific eligibility, disclosures, and registration. Getting the license right sets the foundation for compliant fundraising.
What is the SSE License?
A registration granted by SEBI that allows eligible Not-for-Profit Organisations (NPOs) and for-profit social enterprises to list on the Social Stock Exchange and raise funds through instruments like Zero Coupon Zero Principal bonds, donations, CSR contributions, or equity (for for-profits).
Who can apply
Trusts, societies, section 8 companies
For-profit companies with proven social impact
Organisations working in approved impact sectors like education, health, environment, women empowerment, poverty alleviation, financial inclusion, rural development, and skill-building
Eligibility snapshot
Minimum 3 years of operations (for NPOs)
Valid 12A, 80G registration (for NPOs)
Social intent and target beneficiary proof
Track record of financial statements, governance, and impact delivery
No ongoing regulatory or legal violations
Alignment with SEBI’s Social Impact Categories
What we help with
Eligibility assessment and documentation roadmap
SSE registration, onboarding, and application drafting
Impact measurement, reporting framework, and disclosures
Financial statements, governance, and compliance review
Coordination with Exchanges, auditors, and agencies
Assistance with listing instruments like ZCZP bonds
Documents usually required
Registration certificates, trust deed or MoA/AoA
12A, 80G, CSR eligibility proofs (for NPOs)
Audited financials for last three years
Annual reports, activity and beneficiary records
Governance, board details, policies, and compliances
Impact metrics, social intent declaration, utilisation plans
Our approach
Understand structure, funding goals, and impact model
Conduct eligibility and compliance review
Prepare application, disclosures, policies, and reports
File with the Social Stock Exchange and respond to queries
Support post-registration reporting and fundraising execution
Frequently Asked Questions
No. For-profit social enterprises can also register, subject to eligibility.
Usually no. Three years of operational history is expected.
Yes, they are generally mandatory for SSE registration.
Primarily Zero Coupon Zero Principal (ZCZP) bonds and donations.
Yes. SSE requires periodic social impact and fund utilisation reporting.