{"id":4145,"date":"2023-04-24T05:50:19","date_gmt":"2023-04-24T05:50:19","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=4145"},"modified":"2023-09-23T10:25:48","modified_gmt":"2023-09-23T10:25:48","slug":"stocks-under-surveillance-measures","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/stocks-under-surveillance-measures\/","title":{"rendered":"Stocks under Surveillance Measures"},"content":{"rendered":"

You might have come across terms like <\/span>Additional Surveillance measure<\/span><\/i> or <\/span>Graded Surveillance measure<\/span><\/i>, etc. These are methods employed by SEBI and exchanges to proactively monitor securities across markets and protect interests of investors and traders.<\/span><\/p>\n

To ensure you are well aware before investing in any of these stocks which are under SEBI\/ exchange surveillance, we have the <\/span>Investcare feature<\/span><\/a> for you. This will inform you about stocks which are under surveillance list of exchanges and seek your go-ahead before placing orders on such securities.<\/span><\/p>\n

How can you be aware of stocks under Surveillance measures?<\/span><\/h2>\n

When a company’s stocks are placed under surveillance measure , there are circular announcements as well as an update on BSE and NSE websites such as <\/span>NSE ASM stock list<\/span><\/a>, <\/span>NSE GSM stock list<\/span><\/a>, etc. <\/span>But often these announcements can be missed or sudden, which means you might not get enough time to exit the trade.<\/span><\/p>\n

Therefore, the following is a sample of how you\u2019ll be nudged by Investcare when you attempt to place orders on stocks which are under any surveillance measure.<\/span><\/p>\n

Only if you click yes, can you proceed to placing orders for stocks which are under surveillance measures.\u00a0<\/span><\/p>\n

\"place<\/p>\n

\"place<\/p>\n

What are different kinds of Surveillance measures?<\/span><\/h2>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Surveillance Indicator<\/b><\/td>\nDescription<\/b><\/td>\nShort Code\u00a0<\/b><\/p>\n

(Surv Indicator)<\/b><\/td>\n

What does it mean?<\/b><\/td>\n<\/tr>\n
99<\/span><\/td>\nShortlisted under Graded Surveillance Measure<\/span><\/td>\nGSM – 0 (99)<\/span><\/td>\nGraded Surveillance Measure (GSM)<\/b>: SEBI and Exchanges, pursuant to discussions in joint surveillance meetings, have decided that along with the aforesaid measures there shall be additional Graded Surveillance Measures on securities with price not commensurate with financial health and fundamentals like Earnings, Book value, Fixed assets, Net-worth, P\/E multiple, Market Capitalisation etc.<\/span><\/p>\n

For detailed criteria and latest information please check: NSE<\/a>, BSE<\/a><\/span><\/td>\n<\/tr>\n

1<\/span><\/td>\nGraded Surveillance Measure – Stage I<\/span><\/td>\nGSM – I (1)<\/span><\/td>\n<\/tr>\n
2<\/span><\/td>\nGraded Surveillance Measure – Stage II<\/span><\/td>\nGSM – II (2)<\/span><\/td>\n<\/tr>\n
3<\/span><\/td>\nGraded Surveillance Measure – Stage III<\/span><\/td>\nGSM – III (3)<\/span><\/td>\n<\/tr>\n
4<\/span><\/td>\nGraded Surveillance Measure – Stage IV<\/span><\/td>\nGSM – IV (4)<\/span><\/td>\n<\/tr>\n
5<\/span><\/td>\nGraded Surveillance Measure – Stage V<\/span><\/td>\nGSM – V (5)<\/span><\/td>\n<\/tr>\n
6<\/span><\/td>\nGraded Surveillance Measure – Stage VI<\/span><\/td>\nGSM – VI (6)<\/span><\/td>\n<\/tr>\n
11<\/span><\/td>\nShort Term Additional Surveillance Measure (STASM) – Stage I<\/span><\/td>\nSTASM – I (11)<\/span><\/td>\nAdditional Surveillance Measures (ASM)<\/b>: The shortlisting of securities for placing in ASM is based on an objective criterion as jointly decided by SEBI and Exchanges covering parameters like High Low Variation, Client Concentration, Close to Close Price Variation, Market Capitalization, Volume Variation, Delivery Percentage, No. of Unique PANs, etc.<\/span><\/p>\n

For detailed criteria and latest information please check: <\/span>NSE<\/span><\/a>, <\/span>BSE<\/span><\/a><\/td>\n<\/tr>\n

12<\/span><\/td>\nShort Term Additional Surveillance Measure (STASM) – Stage II<\/span><\/td>\nSTASM – II (12)<\/span><\/td>\n<\/tr>\n
13<\/span><\/td>\nLong Term Additional Surveillance Measure (LTASM) – Stage I<\/span><\/td>\nLTASM – I (13)<\/span><\/td>\n<\/tr>\n
14<\/span><\/td>\nLong Term Additional Surveillance Measure (LTASM) – Stage II<\/span><\/td>\nLTASM – II (14)<\/span><\/td>\n<\/tr>\n
15<\/span><\/td>\nLong Term Additional Surveillance Measure (LTASM) – Stage III<\/span><\/td>\nLTASM – III (15)<\/span><\/td>\n<\/tr>\n
16<\/span><\/td>\nLong Term Additional Surveillance Measure (LTASM) – Stage IV<\/span><\/td>\nLTASM – IV (16)<\/span><\/td>\n<\/tr>\n
20<\/span><\/td>\nInsolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip*<\/span><\/td>\nIBC – Receipt (20)<\/span><\/td>\nInsolvency and Bankruptcy Code (IBC)<\/b>: This is additional surveillance measure for securities which may have or are in process of taking action under IBC.<\/span><\/p>\n

For additional info please check below related circular: <\/span>NSE<\/span><\/a>, <\/span>BSE<\/span><\/a><\/td>\n<\/tr>\n

21<\/span><\/td>\nInsolvency and Bankruptcy Code (ASM IBC) – Stage I<\/span><\/td>\nIBC – I (21)<\/span><\/td>\n<\/tr>\n
22<\/span><\/td>\nInsolvency and Bankruptcy Code (ASM IBC) – Stage II<\/span><\/td>\nIBC – II (22)<\/span><\/td>\n<\/tr>\n
23<\/span><\/td>\nInter Creditor Agreement (ASM ICA) – Stage I<\/span><\/td>\nICA – I (23)<\/span><\/td>\nInter Creditor Agreement(ICA)<\/b>: This is Additional surveillance measure for securities which may have or are in process of taking action under Inter Creditor Agreement (ICA). NSE circular here<\/a>.<\/span><\/td>\n<\/tr>\n
24<\/span><\/td>\nInter Creditor Agreement (ASM ICA) – Stage II<\/span><\/td>\nICA – II (24)<\/span><\/td>\n<\/tr>\n
25<\/span><\/td>\nCompany with high promoter Encumbrance<\/span><\/td>\nHigh promoter Encumbrance (25)<\/span><\/td>\nThis is based on promoter encumbrance wherein SEBI monitors stocks which have high levels of promoter as well as non promoter pledging of shares.<\/span><\/p>\n

For detailed criteria, please refer circular<\/b>: BSE<\/a>, NSE<\/a> \u200b\u200b<\/span><\/td>\n<\/tr>\n

26<\/span><\/td>\nCompany with high promoter as well as non-promoter Encumbrance<\/span><\/td>\nHigh Promoter\/Non promoter Encumbrance (26)<\/span><\/td>\n<\/tr>\n
30<\/span><\/td>\nInformation list (unsolicited SMS)<\/span><\/td>\nSMS Info. List (30)<\/span><\/td>\nThis is a surveillance action based on unsolicited videos\/messages circulated in social media such as stock tips, etc. For details please refer below circulars: NSE<\/a>, BSE<\/a><\/span><\/td>\n<\/tr>\n
31<\/span><\/td>\nCurrent watch list (unsolicited SMS)<\/span><\/td>\nSMS watch List (31)<\/span><\/td>\n<\/tr>\n
32<\/span><\/td>\nUnsolicited Video<\/span><\/td>\nUnsolicited Video (32)<\/span><\/td>\n<\/tr>\n
33<\/span><\/td>\nUnsolicited Video and LTASM Stage IV<\/span><\/td>\nUnsolicited Video and LTASM Stage IV (33)<\/span><\/td>\nThese scrips are under combination of one or more of the above case scenarios, for instances where the security is tagged under multiple surveillance cases as indicated.<\/span><\/td>\n<\/tr>\n
50<\/span><\/td>\nLTASM Stage I and GSM Stage 0<\/span><\/td>\nLTASM I & GSM 0 (50)<\/span><\/td>\n<\/tr>\n
51<\/span><\/td>\nLTASM Stage II and GSM Stage 0<\/span><\/td>\nLTASM II & GSM 0 (51)<\/span><\/td>\n<\/tr>\n
52<\/span><\/td>\nLTASM Stage III and GSM Stage 0<\/span><\/td>\nLTASM III & GSM 0 (52)<\/span><\/td>\n<\/tr>\n
53<\/span><\/td>\nLTASM Stage IV and GSM Stage 0<\/span><\/td>\nLTASM IV & GSM 0 (53)<\/span><\/td>\n<\/tr>\n
54<\/span><\/td>\nSTASM Stage I and GSM Stage 0<\/span><\/td>\nSTASM I & GSM 0 (54)<\/span><\/td>\n<\/tr>\n
55<\/span><\/td>\nSTASM Stage II and GSM Stage 0<\/span><\/td>\nSTASM II & GSM 0 (55)<\/span><\/td>\n<\/tr>\n
56<\/span><\/td>\nCompany with high promoter as well as non-promoter Encumbrance and GSM Stage 0<\/span><\/td>\nHigh promoter\/Non Promoter Encumbrance & GSM 0 (56)<\/span><\/td>\n<\/tr>\n
57<\/span><\/td>\nCompany with high promoter Encumbrance and GSM Stage 0<\/span><\/td>\nHigh promoter Encumbrance & GSM 0 (57)<\/span><\/td>\n<\/tr>\n
58<\/span><\/td>\nASM IBC Stage I and GSM Stage 0<\/span><\/td>\nIBC I & GSM 0 (58)<\/span><\/td>\n<\/tr>\n
59<\/span><\/td>\nASM IBC Stage II and GSM Stage 0<\/span><\/td>\nIBC II & GSM 0 (59)<\/span><\/td>\n<\/tr>\n
60<\/span><\/td>\nASM ICA Stage I and GSM Stage 0<\/span><\/td>\nICA I & GSM 0 (60)<\/span><\/td>\n<\/tr>\n
61<\/span><\/td>\nASM ICA Stage II and GSM Stage 0<\/span><\/td>\nICA II & GSM 0 (61)<\/span><\/td>\n<\/tr>\n
62<\/span><\/td>\nInsolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip and GSM stage 0<\/span><\/td>\nIBC – Receipt & GSM 0 (62)<\/span><\/td>\n<\/tr>\n
63<\/span><\/td>\nGSM stage I and Insolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip<\/span><\/td>\nGSM I & IBC – Receipt (63)<\/span><\/td>\n<\/tr>\n
64<\/span><\/td>\nGSM stage II and Insolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip<\/span><\/td>\nGSM II & IBC – Receipt (64)<\/span><\/td>\n<\/tr>\n
65<\/span><\/td>\nGSM stage III and Insolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip<\/span><\/td>\nGSM III & IBC – Receipt (65)<\/span><\/td>\n<\/tr>\n
66<\/span><\/td>\nGSM stage IV and Insolvency and Bankruptcy Code (IBC) – Receipt of Disclosure or Recommenced scrip<\/span><\/td>\nGSM IV & IBC – Receipt (66)<\/span><\/td>\n<\/tr>\n
80<\/span><\/td>\nLoss making for last 8 quarters<\/span><\/td>\nLoss making for last 8 quarters (80)<\/span><\/td>\nThe company has been loss making for at least the last 8 quarters for main board and last 2 years for SME companies on consolidated basis.<\/span><\/td>\n<\/tr>\n
81<\/span><\/td>\nEncumbrance of Promoters\/ promoter group shareholding more than 50%<\/span><\/td>\nEncumbrance of Promoters\/ promoter group shareholding more than 50%(81)<\/span><\/td>\nEncumbrance of Promoters\/ promoter group shareholding is at least 50% of the total capital.<\/span><\/td>\n<\/tr>\n
82<\/span><\/td>\nScrip is in BZ\/SZseries<\/span><\/td>\nScrip is in BZ\/SZseries (82)<\/span><\/td>\nThe company is in BZ\/SZ series due to non-compliance with SEBI SOP Circular.<\/span><\/td>\n<\/tr>\n
83<\/span><\/td>\nCompany has failed to pay Annual listing fee<\/span><\/td>\nCompany has failed to pay Annual listing fee (83)<\/span><\/td>\nThe company has failed to pay Annual listing fee.<\/span><\/td>\n<\/tr>\n
84<\/span><\/td>\nDerivative contracts in the scrip to be moved out of F&O<\/span><\/td>\nDerivative contracts in the scrip to be moved out of F&O (84)<\/span><\/td>\nThe security is scheduled to move out of derivatives. No fresh far month contracts shall be issued.<\/span><\/td>\n<\/tr>\n
34<\/span><\/td>\nEnhanced Surveillance Measure<\/span><\/td>\nESM – I (34)<\/span><\/td>\nEnhanced Surveillance Measures (ESM) on Micro-Small Companies (on main board with market capitalization less than INR 500 crores) based on objective parameters viz. Price variation, Standard Deviation etc.<\/span><\/td>\n<\/tr>\n
35<\/span><\/td>\nESM – II (35)<\/span><\/td>\n<\/tr>\n
36<\/span><\/td>\nESM I & GSM 0 (36)<\/span><\/td>\n<\/tr>\n
37<\/span><\/td>\nESM II & GSM 0 (37)<\/span><\/td>\n<\/tr>\n
–<\/span><\/td>\nSecurity is in BAN for Trade on account of breach of 95% of MWPL (i.e.20% of Non-promoter holding)<\/span><\/td>\nSecurity is Ban for trade<\/span><\/td>\nThe Derivative contracts of stock entered in the ban list have crossed 95% of the market-wide position limit and are currently in the ban period. New positions are not allowed for any stock derivative contracts in the ban period. However, exiting the open positions is allowed. Any increase in open positions shall attract appropriate penal and disciplinary action in accordance with the exchange guidelines. The ban on derivative contracts reversed only if the open interest falls below 80%.<\/span><\/p>\n

To know more, visit https:\/\/www.nseindia.com\/products-services\/equity-derivatives-position-limits<\/a><\/span><\/td>\n<\/tr>\n

*Earlier surveillance indicator was 10 which is now discontinued<\/span><\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

What is the impact of these Surveillance measures on trading in Paytm Money?<\/span><\/h2>\n

Paytm Money has blocked certain trades based on types of surveillance above:<\/span><\/p>\n\n\n\n\n\n\n\n
Products \/ Surveillance<\/b><\/td>\nASM<\/b><\/td>\nGSM<\/b><\/td>\nIBC<\/b><\/td>\nUnsolicited SMS<\/b><\/td>\n<\/tr>\n
Intraday<\/b><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\n<\/tr>\n
Delivery Buy<\/b><\/td>\nEnabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\n<\/tr>\n
Delivery sell on same day<\/b><\/td>\nEnabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\nDisabled<\/span><\/td>\n<\/tr>\n
Selling holding<\/b><\/td>\nNA<\/span><\/td>\nEnabled<\/span><\/td>\nEnabled<\/span><\/td>\nEnabled<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Please note<\/b>: Some stocks may be blocked by the Risk Management team as per SEBI guidelines, in which case you\u2019ll be unable to place those surveillance stock\u2019s orders and will be prompted accordingly. This is subject to Risk Management policy and may be updated from time to time<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

You might have come across terms like Additional Surveillance measure or Graded Surveillance measure, etc. These are methods employed by SEBI and exchanges to proactively monitor securities across markets and protect interests of investors and traders. To ensure you are well aware before investing in any of these stocks which are under SEBI\/ exchange surveillance,Continue reading “Stocks under Surveillance Measures”<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8,6,24],"tags":[],"class_list":["post-4145","post","type-post","status-publish","format-standard","hentry","category-announcements","category-personal-finance","category-stocks"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=4145"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4145\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=4145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=4145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=4145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}