of india type stock exchange location mumbai india founded 1990 started function in the year 1992 owner otc exchange of india key people mr praveen mohnot md 1 2 currency indian rupee website www.otcei.net the otc exchange of india otcei also known as the over the counter exchange of india is based in mumbai maharashtra . it is india s first exchange for small companies 3 as well as the first screen based nationwide stock exchange in india . 4 otcei was set up to access high technology enterprising promoters in raising finance for new product development in a cost effective manner and to provide a transparent and efficient trading system to 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 other institutions and is a recognised stock exchange under the scr act . history edit the otc exchange of india was founded in 1990 3 under the companies act 1956 and was recognized by the securities contracts regulation act 1956 as a stock exchange . citation needed . the otcei is no longer a functional exchange as the same has been de recognised by sebi vide its order dated 31 mar 2015 . references edit building otcei to be the nasdaq of india . the hindu business line . retrieved 2010 10 15 . otcei plans growth equity market for vcfs . the hindu business line . 2001 01 12 . retrieved 2010 10 15 . a b nse starts discussions for sme exchange . business standard.com . 2009 12 17 . retrieved 2010 10 15 . otc exchange of india otc stock exchange of india otc stock market of india otc exchange market of india . surfindia.com . retrieved 2010 10 15 . otc exchange chalks out revival plan . financialexpress.com . 1999 09 18 . retrieved 2010 10 15 . external links edit official website v t e stock exchanges in india ahmedabad stock exchange bangalore stock exchange bhubaneswar stock exchange bombay stock exchange calcutta stock exchange delhi stock exchange guwahati stock exchange inter connected stock exchange of india jaipur stock exchange ludhiana stock exchange madras stock exchange mcx stock exchange meerut stock exchange national stock exchange of india otc exchange of india pune stock exchange united stock exchange of india up stock exchange vadodara stock exchange de recognized stock exchanges capital stock exchange of kerala cochin stock exchange coimbatore stock exchange hyderabad stock exchange madhya pradesh stock exchange magadh stock exchange mangalore stock exchange saurashtra kutch stock exchange this article about stock exchanges is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title otc exchange of india & oldid 715774370 categories stock exchanges in indiacompanies based in mumbaicompanies established in 1990economy of mumbaistock exchange stubshidden categories all articles with unsourced statementsarticles with unsourced statements from february 2016all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 17 april 2016 at 22 53 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view