MANU/SDEP/0008/2022

Ministry : Securities and Exchange Board of India

Department/Board : Department of Debt and Hybrid Securities

Circular No. : SEBI/HO/DDHS/P/CIR/2021/031

Date : 22.03.2022

Notification/ Circulars Referred : Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 MANU/SDEP/0007/2021

Citing Reference:
Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 MANU/SDEP/0007/2021  Referred

To,

Issuers who have listed and/or propose to list debt securities;
Recognised Stock Exchanges;
Registered Depositories;
Registered Credit Rating Agencies, Debenture Trustees,
Electronic Book Providers

Madam/Sir,

Standardisation of industry classification-Revision in Chapter-XIV of Operational Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper

1. Chapter-XIV of the Operational Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, issued by SEBI, stipulates provisions mandating stock exchanges and depositories to jointly create, host and maintain a Centralized Database of corporate bonds, held in demat form. Annex-XIV-A to the said chapter, inter-alia, provides the list of data fields to be submitted by the issuer to depositories, at the time of allotting the ISIN.

2. The Market Data Advisory Committee (MDAC), a standing committee constituted by SEBI, comprising of representatives from stock exchanges, depositories and other market participants, examined the existing industry classification structures, across sectors, and developed a revised harmonised four level industry classification framework for adoption by all stakeholders and for all relevant processes/purposes in Indian securities market. A standarised framework will help bring about uniformity in the classifications being used across sectors as on date.

3. Accordingly, the following amendments are being made to Chapter-XIV (Centralized Database for corporate bonds/debentures) of the Operational Circular and annexures thereof:

A. Paragraph 2.2 b) shall stand modified as follows:

"Post listing of securities, issuer shall submit information in the requisite fields as provided in Annex-XIV-B to any of the stock exchanges where their securities are listed on a periodical basis (within 30 days from the end of the financial year) and/or 'as and when' basis (event based), as applicable. The stock exchange shall indicate the format of filing to the issuers in this regard."

B. Clause 8. b) (Type of Issuer-Based on nature of business) of paragraph B. (Issuer/instrument classification) of Annex-XIV-A shall be deleted.

C. Clause 9 (Based on sector of business) of Annex-XIV-A shall be replaced with the table given in the Annex to this circular.

4. The provisions of this circular shall be applicable to all issuances of debt securities, which open, on or after April 1, 2022.

5. The Circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 55 (1) of the SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market.

6. This Circular is available. under the link "Legal→Circulars".

Yours faithfully,
Pradeep Ramakrishnan
General Manager
Department of Debt and Hybrid Securities


Annex

"9. Based on sector of business (relevant option may be selected) (√)):

MES Code

Macro-Economic Sector

Sect Code

Sector

Ind Code

Industry

Basic Ind Code

Basic Industry

Definition

IN01

Commodities

IN0101

Chemicals

IN010 101

Chemicals & Petrochemicals

IN01010 1001

Commodity Chemicals

Manufacturers of basic and industrial chemicals like synthetic fibres, films, organic and inorganic chemicals etc.

 

 

 

 

 

 

IN01010 1002

Specialty Chemicals

Manufacturers of chemicals used in the manufacture of a variety of products, like fine chemicals, additives, advanced polymers, explosives, adhesives, printing inks, sealants, dyes, pigments, coatings etc.

 

 

 

 

 

 

IN01010 1003

Carbon Black

Manufacturers of carbon black

 

 

 

 

 

 

IN01010 1004

Dyes And Pigments

Manufacturer, supplier and distributor of dyes and pigments

 

 

 

 

 

 

IN01010 1005

Explosives

Manufacturer, supplier and exporter of commercial explosives and explosive accessories

 

 

 

 

 

 

IN01010 1006

Petrochemicals

Manufacturer, supplier and distributor of petrochemical products like propylene oxide, propylene glycols and polyols etc. Also includes manufacturers of nylon, polyester and acrylic fibres, plastics (not covered under Plastic Products-Consumer under Consumer Discretionary and Plastic Products-Industrial under Manufacturing) etc.

 

 

 

 

 

 

IN01010 1007

Printing Inks

Manufacturers and distributor of printing inks and allied material

 

 

 

 

 

 

IN01010 1008

Trading-Chemicals

Trading companies and distributors of chemicals

 

 

 

 

 

 

IN01010 1009

Industrial Gases

Producer or supplier of industrial gases

 

 

 

 

IN010 102

Fertilizers & Agrochemicals

IN01010 2001

Fertilizers

Manufacturers of fertilizers

 

 

 

 

 

 

IN01010 2002

Pesticides & Agrochemicals

Manufacturers of agrochemicals and pesticides

 

 

IN0102

Construction Materials

IN010 203

Cement & Cement Products

IN01020 3001

Cement & Cement Products

Manufacturer, supplier and distributor of cement, cement products

 

 

 

 

IN010 204

Other Construction Materials

IN01020 4001

Other Construction Materials

Other construction material such supplier of sand etc. It excludes companies dealing with granites, marbles, etc. which are classified as 'Furniture, Home Furnishing, Flooring' under Consumer Discretionary

 

 

IN0103

Metals & Mining

IN010 301

Ferrous Metals

IN01030 1001

Ferro & Silica Manganese

Manufacturers and distributor of ferro silico manganese like ferro alloys, briquette, fly ash bricks etc.

 

 

 

 

 

 

IN01030 1002

Pig Iron

Manufacturers and distributor of pig iron

 

 

 

 

 

 

IN01030 1003

Sponge Iron

Manufacturers and distributor of sponge iron

 

 

 

 

 

 

IN01030 1004

Iron & Steel

Manufacturers of Iron & steel

 

 

 

 

IN010 302

Non-Ferrous Metals

IN01030 2001

Aluminium

Mining, processing, manufacturing and distributing the aluminium

 

 

 

 

 

 

IN01030 2002

Copper

Producer and distributor of copper

 

 

 

 

 

 

IN01030 2003

Zinc

Producer and distributor of zinc

 

 

 

 

 

 

IN01030 2004

Precious Metals

Mining, manufacturing and distributing precious materials like gold, silver, platinum etc. Includes investment trusts where underlying is gold or similar precious metals

 

 

 

 

IN010 303

Diversified Metals

IN01030 3001

Diversified Metals

Companies engaged in manufacturing and mining of diversified metals

 

 

 

 

IN010 304

Minerals & Mining

IN01030 4001

Industrial Minerals

Mining, producing and distributing industrial materials (excluding Coal which has been classified under 'Energy')

 

 

 

 

IN010 305

Metals & Minerals Trading

IN01030 5001

Trading-Metals

Trading companies and distributors of metals (excluding precious metals)

 

 

 

 

 

 

IN01030 5002

Trading-Minerals

Trading companies and distributors of industrial minerals (excluding Coal trading which has been classified under 'Energy')

 

 

IN0104

Forest Materials

IN010 401

Paper, Forest & Jute Products

IN01040 1001

Paper & Paper Products

Manufacturers of paper, paper boards etc.

 

 

 

 

 

 

IN01040 1002

Forest Products

Companies dealing with Timber, Wood, Soil, Pulp, Firewood, Cork, Shellac, Cross Laminated Timber excluding plywood and laminates which is classified as 'Furniture, Home Furnishing, Flooring' under Consumer Discretionary

 

 

 

 

 

 

IN01040 1003

Jute & Jute Products

Manufacturers of jute and jute products

IN02

Consumer Discretionary

IN0201

Automobile and Auto Components

IN020 101

Automobiles

IN02010 1001

Passenger Cars & Utility Vehicles

Manufacturer of passenger/utility vehicles including car, bus, taxis, auto rickshaws etc.

 

 

 

 

 

 

IN02010 1002

2/3 Wheelers

Manufacturers of motorcycles, scooters, three-wheelers and bicycles

 

 

 

 

 

 

IN02010 1003

Trading-Automobiles

Trading and distribution of passenger cars, utility vehicles, 2/3 wheelers

 

 

 

 

IN020 102

Auto Components

IN02010 2001

Auto Components & Equipments

Manufacturers and distributors of accessories for automobiles

 

 

 

 

 

 

IN02010 2002

Batteries-Automobile

Manufacturer of automobiles batteries

 

 

 

 

 

 

IN02010 2003

Fastener

Manufacturer of fastener for vehicles

 

 

 

 

 

 

IN02010 2004

Gas Cylinders

Manufacturer of gas cylinders for automobile

 

 

 

 

 

 

IN02010 2005

Trading-Auto Ancillaries

Trading and distribution of auto components

 

 

 

 

 

 

IN02010 2006

Tyres & Rubber Products

Manufacturers and distributors of tyres and rubber products for automobile

 

 

IN0202

Consumer Durables

IN020 201

Consumer Durables

IN02020 1001

Air Conditioner

Manufacturers and distributors of air conditioners

 

 

 

 

 

 

IN02020 1002

Cycles

Manufacturers and distributors of bicycles and tricycles

 

 

 

 

 

 

IN02020 1003

Consumer Electronics

Manufacturers and distributor of consumer electronics like television, video cassette recorder, DVD player, audio equipments, games etc.

 

 

 

 

 

 

IN02020 1004

Furniture, Home Furnishing, Flooring

Manufacturers and distributor of furniture, carpets, ceramic tiles, granite, marble etc.

 

 

 

 

 

 

IN02020 1005

Gems, Jewellery And Watches

Manufacturers and distributor of gems, jewellery, watches and other luxury goods and accessories

 

 

 

 

 

 

IN02020 1006

Glass-Consumer

Manufacturers and distributor of consumer glass products

 

 

 

 

 

 

IN02020 1007

Household Appliances

Manufacturers of electric household appliances like juicers, food processors, microwave ovens etc.

 

 

 

 

 

 

IN02020 1008

Houseware

Manufacturers and distributors of other household durable products like cookware, cutlery, utensils and consumer specialties not classified otherwise

 

 

 

 

 

 

IN02020 1009

Leather And Leather Products

Manufacturers and distributors of leather products such as belt, leather bags, all types of footwear etc.

 

 

 

 

 

 

IN02020 1010

Leisure Products

Manufacturers of leisure products and equipment including sports equipment, gift articles etc.

 

 

 

 

 

 

IN02020 1011

Plastic Products-Consumer

Manufacturers and distributor of plastic products used in households such as suitcase, briefcase and other consumer plastic products not covered under 'Houseware' above

 

 

 

 

 

 

IN02020 1012

Plywood Boards/Laminates

Manufacturers and distributor of plywood, laminates etc.

 

 

 

 

 

 

IN02020 1013

Sanitary Ware

Manufacturer of sanitary ware like ceramic plumbing fixtures (as sinks, lavatories, or toilet bowls)

 

 

 

 

 

 

IN02020 1014

Toys

Manufacturers and distributors of toys, games etc

 

 

 

 

 

 

IN02020 1015

Paints

Manufacturers and distributors of interior and exterior paints

 

 

 

 

 

 

IN02020 1016

Diversified Consumer Products

Any other consumer products not covered above

 

 

IN0203

Textiles

IN020 301

Textiles & Apparels

IN02030 1001

Garments & Apparels

Manufacturers & distributors of apparels/garments

 

 

 

 

 

 

IN02030 1002

Other Textile Products

Manufacturers & distributors of textiles, fabrics, yarn, silk yarn, blended and texturized yarn and related products

 

 

 

 

 

 

IN02030 1003

Trading-Textile Products

Trading and Distribution of 'garments & apparels' and 'other textile products' where a revenue from each segment cannot be determined separately

 

 

IN0204

Media, Entertain ment & Publication

IN020 401

Media

IN02040 1001

Advertising & Media Agencies

Companies providing advertising, public relations and marketing services. It also includes billboard providers and telemarketers.

 

 

 

 

 

 

IN02040 1002

Electronic Media

Publisher of newspapers, magazines and other periodicals through electronic medium

 

 

 

 

 

 

IN02040 1003

Web based media and service

Companies engaged in providing social media, search engines, platforms for networking etc. Excludes companies operating in online shopping classified under E-Retail/E-Commerce and companies providing online directory of suppliers and potential buyers for various products/merchandise classified under Internet & Catalogue Retail

 

 

 

 

 

 

IN02040 1004

Print Media

Publisher of newspapers, magazines and other periodicals through print medium

 

 

 

 

IN020 402

Entertainment

IN02040 2001

Film Production, Distribution & Exhibition

Producers and distributors of movies. Includes theatres and auditoriums

 

 

 

 

 

 

IN02040 2002

Digital Entertainment

Producers and distributors of movies and other entertainment related contents through digital, Over the Top (OTT) platform.

 

 

 

 

 

 

IN02040 2003

Media & Entertainment

Producers and distributors of entertainment products and services. It includes companies engaged in the production, distribution and screening of television shows, producers and distributors of music and sports teams. It excludes production and distribution of movies which is classified under 'Film Production, Distribution & Exhibition'.

 

 

 

 

 

 

IN02040 2004

TV Broadcasting & Software Production

Owners of TV channels, includes broadcasting of TV shows and cable TV operators and DTH service providers

 

 

 

 

IN020 403

Printing & Publication

IN02040 3001

Printing & Publication

Companies providing service of commercial printing, publication of books, commercial documents etc.,

 

 

IN0205

Realty

IN020 501

Realty

IN02050 1001

Residential, Commercial Projects

Companies engaged in development and construction of residential/commercial (offices/shops etc.) properties

 

 

 

 

 

 

IN02050 1002

Real Estate related services

Companies engaged in providing real estate related services like real estate agents.

 

 

 

 

 

 

IN02050 1003

Real Estate Investment Trusts (REITs)

Companies or Trusts engaged in ownership, acquisition, development, management and operation of real estate

 

 

IN0206

Consumer Services

IN020 601

Leisure Services

IN02060 1001

Hotels & Resorts

Owners and operators of hotels, resorts etc. Includes investment trusts where underlying is 'Hotels and Resorts'

 

 

 

 

 

 

IN02060 1002

Restaurants

Owners and operators of restaurants, recreation clubs, bars, coffee shops, fast-food, catering service etc.

 

 

 

 

 

 

IN02060 1003

Amusement Parks/Other Recreation

Owners and operators of amusement parks, Casinos and other recreation facilities not covered above

 

 

 

 

 

 

IN02060 1004

Wellness

Owners and operators of wellness facilities such as gymnasium, yoga centre, beauty parlours, salons etc.

 

 

 

 

 

 

IN02060 1005

Tour, Travel Related Services

Companies engaged into provision of tour, travel related services. It includes tour operators, ticketing, visa processing, hotel and vehicle booking etc. It includes companies that provide such service through digital medium

 

 

 

 

IN020 602

Other Consumer Services

IN02060 2001

Education

Any stream of education (including IT education or any specialized training) provided in classroom

 

 

 

 

 

 

IN02060 2002

E-Learning

Any stream of education (including IT education or any specialized training) provided through medium other than classroom

 

 

 

 

 

 

IN02060 2003

Food Storage Facilities

Companies engaged in providing food storage facility

 

 

 

 

 

 

IN02060 2004

Other Consumer Services

Companies providing other consumer services not classified elsewhere. It includes event managers, security services, housekeeping services etc.

 

 

 

 

IN020 603

Retailing

IN02060 3001

Speciality Retail

Owners and operators of retail store comprising a single class of goods such as apparels, electronics, stationary etc.

 

 

 

 

 

 

IN02060 3002

Pharmacy Retail

Companies engaged in sale of pharmaceutical, provision of health related products and services through electronic medium

 

 

 

 

 

 

IN02060 3003

Diversified Retail

Owners and operators of stores offering multiple range of product categories (department stores)

 

 

 

 

 

 

IN02060 3004

E-Retail/E-Commerce

Companies that earns significant revenue from provision of products or services predominantly through electronic medium such as internet.

 

 

 

 

 

 

IN02060 3005

Internet & Catalogue Retail

Companies providing online directory of suppliers and potential buyers for various products/merchandise

 

 

 

 

 

 

IN02060 3006

Distributors

Distributors and wholesalers of general merchandise not classified elsewhere

IN03

Energy

IN0301

Oil, Gas & Consumable Fuels

IN030 101

Gas

IN03010 1001

Gas Transmission/Marketing

Companies engaged in marketing and/or transportation of gases

 

 

 

 

 

 

IN03010 1002

Industrial Gas

Producer or supplier of industrial gases

 

 

 

 

 

 

IN03010 1003

LPG/CNG/PN G/LNG Supplier

Companies engaged in distribution of LPG, CNG, PNG and LNG

 

 

 

 

 

 

IN03010 1004

Trading-Gas

Companies engaged in the activity of trading in gas

 

 

 

 

IN030 102

Oil

IN03010 2001

Oil Exploration & Production

Companies engaged in the exploration and production of oil

 

 

 

 

 

 

IN03010 2002

Offshore Support Solution Drilling

Companies providing offshore drilling services to oil companies

 

 

 

 

 

 

IN03010 2003

Oil Storage & Transportation

Companies engaged in providing storage and transportation facility for oil companies

 

 

 

 

 

 

IN03010 2004

Oil Equipment & Services

Manufacturers of equipment for and providers of services to the oil and gas industry

 

 

 

 

IN030 103

Petroleum Products

IN03010 3001

Refineries & Marketing

Companies engaged in the refining and marketing of oil, gas and petroleum products

 

 

 

 

 

 

IN03010 3002

Lubricants

Manufacturers and distributors of lubricants

 

 

 

 

IN030 104

Consumable Fuels

IN03010 4001

Coal

Companies engaged in exploration, mining, trading and distribution of coal, coke and lignite

IN04

Fast Moving Consumer Goods

IN0401

Fast Moving Consumer Goods

IN040 101

Agricultural Food & other Products

IN04010 1001

Edible Oil

Producers and distributors of edible oil

 

 

 

 

 

 

IN04010 1002

Sugar

Producers and distributors of sugar and allied products

 

 

 

 

 

 

IN04010 1003

Tea & Coffee

Producers and distributors of tea and coffee

 

 

 

 

 

 

IN04010 1004

Other Agricultural Products

Producers and distributors of agricultural products not classified elsewhere

 

 

 

 

IN040 102

Beverages

IN04010 2001

Breweries & Distilleries

Manufacturers of alcoholic beverages. Includes distillers

 

 

 

 

 

 

IN04010 2002

Other Beverages

Manufacturers of non-alcoholic beverages

 

 

 

 

IN040 103

Cigarettes & Tobacco Products

IN04010 3001

Cigarettes & Tobacco Products

Manufacturers and distributors of cigarettes and other tobacco products

 

 

 

 

IN040 104

Food Products

IN04010 4001

Animal Feed

Manufacturers and distributors of animal feed

 

 

 

 

 

 

IN04010 4002

Dairy Products

Producers and distributors of dairy products

 

 

 

 

 

 

IN04010 4003

Other Food Products

Producers and distributors of other food products not classified elsewhere

 

 

 

 

 

 

IN04010 4004

Packaged Foods

Producers & distributors of packaged foods including biscuits, chocolates, chips etc.

 

 

 

 

IN040 105

Personal Products

IN04010 5001

Personal Care

Manufacturers and distributors of personal products such as tooth paste, shampoo, perfume, cosmetics etc.

 

 

 

 

IN040 106

Household Products

IN04010 6001

Household Products

Manufacturers and distributors of household products such as aluminium foils, detergents, matchstick, paper tissues, soaps etc.

 

 

 

 

 

 

IN04010 6002

Batteries

Manufacturers and distributors of batteries used in home appliances. Excludes automobiles batteries classified under 'Consumer Discretionary'

 

 

 

 

 

 

IN04010 6003

Photographic Products

Manufacturers and distributors of photographic products

 

 

 

 

 

 

IN04010 6004

Stationary

Manufacturers and distributors of stationary such as pen, pencil, notebooks etc.

 

 

 

 

IN040 107

Diversified FMCG

IN04010 7001

Diversified FMCG

Companies engaged into multiple FMCG products, where no single business segment contributes more than 50% of companies' total revenue and two or more segments each contributes at least 20% of total revenue

IN05

Financial Services

IN0501

Financial Services

IN050 101

Finance

IN05010 1001

Financial Institution

Financial Institutions as defined under Section 4(1) of the Companies Act, 1956

 

 

 

 

 

 

IN05010 1002

Housing Finance Company

Companies providing loan for buying housing and commercial properties

 

 

 

 

 

 

IN05010 1003

Investment Company

Companies which earn major revenue from interest, capital appreciation from investments made. It does not include rental income which is classified under 'Diversified Commercial Services'

 

 

 

 

 

 

IN05010 1004

Non-Banking Financial Company (NBFC)

Non-Banking Financial Company (NBFC) as may be specified by the Reserve Bank of India (RBI)

 

 

 

 

 

 

IN05010 1005

Other Financial Services

Companies providing financial services not covered elsewhere under 'Financial Services'

 

 

 

 

 

 

IN05010 1006

Holding Company

Holding companies with holding of 51% or more in other company

 

 

 

 

IN050 102

Banks

IN05010 2001

Public Sector Bank

Banks sponsored by Central or State government in India categorized as public sector bank by Reserve Bank of India (RBI)

 

 

 

 

 

 

IN05010 2002

Private Sector Bank

Banks categorized as private sector banks by Reserve Bank of India (RBI)

 

 

 

 

 

 

IN05010 2003

Other Bank

Other banks not classified under Public Sector Bank and Private Sector Bank above. Includes foreign banks, payment banks, small banks etc.

 

 

 

 

IN050 103

Capital Markets

IN05010 3001

Asset Management Company

Companies engaged in mutual fund activities i.e. companies operating mutual funds, open-end mutual funds, closed-end mutual funds etc.

 

 

 

 

 

 

IN05010 3002

Depositories, Clearing Houses and Other Intermediaries

Companies providing depository services. Includes clearing houses/clearing corporations, registrar/share transfer agents, custodians etc. which are not covered elsewhere under 'Capital Markets'

 

 

 

 

 

 

IN05010 3003

Financial Products Distributor

Companies engaged into distribution of financial products

 

 

 

 

 

 

IN05010 3004

Ratings

Companies providing ratings service

 

 

 

 

 

 

IN05010 3005

Exchange and Data Platform

Companies providing platform for trading of equity, commodity, currency, fixed income securities, power etc. are classified under 'Exchange Platform'. Companies providing data vending/data dissemination are classified under 'Data Platform'

 

 

 

 

 

 

IN05010 3006

Stockbroking & Allied

Companies engaged in providing brokerage services and other allied activities such as investment advisory services etc.

 

 

 

 

 

 

IN05010 3007

Other Capital Market related Services

Other Capital Market related Services not classified elsewhere above

 

 

 

 

IN050 104

Insurance

IN05010 4001

General Insurance

Companies providing general insurance

 

 

 

 

 

 

IN05010 4002

Life Insurance

Companies providing life insurance

 

 

 

 

 

 

IN05010 4003

Other Insurance Companies

Insurance companies offering multiple line of insurance such as life insurance, general insurance, medical insurance, etc.

 

 

 

 

 

 

IN05010 4004

Insurance Distributors

Companies engaged into distribution of insurance products

 

 

 

 

IN050 105

Financial Technology (Fintech)

IN05010 5001

Financial Technology (Fintech)

Fintechs providing services like banking, payment processing, brokerage, aggregation and distribution of financial products and services

IN06

Healthcar e

IN0601

Healthcar e

IN060 101

Pharmaceuticals & Biotechnology

IN06010 1001

Pharmaceuticals

Manufacturers and distributors of pharmaceuticals and companies engaged in research & development of pharmaceuticals

 

 

 

 

 

 

IN06010 1002

Biotechnology

Companies engaged in the development, manufacturing or marketing and distribution of products based on biotechnology

 

 

 

 

IN060 102

Healthcare Equipment & Supplies

IN06010 2001

Medical Equipment & Supplies

Manufacturers and distributors of medical equipments such as blood pressure monitoring machine, X-Ray machines, MRI scanners, and supplies such as injection needles, syringe, gloves etc.

 

 

 

 

IN060 103

Healthcare Services

IN06010 3001

Hospital

Owners and operators of health care facilities. It includes hospitals, nursing homes and veterinary hospitals. Includes investment trusts where underlying is 'Hospitals'

 

 

 

 

 

 

IN06010 3002

Healthcare Service Provider

Owners and operators of diagnostic services such as pathological laboratories, X-Ray and MRI scan centres, etc.

 

 

 

 

 

 

IN06010 3003

Healthcare Research, Analytics & Technology

Companies providing healthcare research and analytics related services

IN07

Industrials

IN0701

Construction

IN070 101

Construction

IN07010 1001

Civil Construction

Companies engaged in designing, construction and maintenance of roads, bridges, canals, dams etc. It excludes companies engaged in construction of residential and commercial buildings which are classified as 'Realty' under 'Consumer Discretionary'. Includes investment trusts where underlying is 'Civil Construction'

 

 

 

 

 

 

IN07010 1002

Engineering, Designing & Construction

Companies engaged into Engineering, procurement and construction (EPC) projects

 

 

IN0702

Capital Goods

IN070 201

Aerospace & Defense

IN07020 1001

Aerospace & Defense

Manufacturers of civil and military aerospace and equipments, defense equipments, defense electronics and products thereof

 

 

 

 

IN070 202

Agricultural, Commercial & Construction Vehicles

IN07020 2001

Tractors

Manufacturers and distributors of tractors and other farm vehicles

 

 

 

 

 

 

IN07020 2002

Commercial Vehicles

Manufacturers and distributors of commercial vehicles as trucks, dumpers etc.

 

 

 

 

 

 

IN07020 2003

Construction Vehicles

Manufacturers and distributors of construction vehicles like cranes, bulldozers etc.

 

 

 

 

IN070 203

Electrical Equipment

IN07020 3001

Heavy Electrical Equipment

Manufacturers and distributors of power generating equipment and other heavy electrical equipment such as power turbines, transmission towers, heavy electrical machinery

 

 

 

 

 

 

IN07020 3002

Other Electrical Equipment

Manufactures and distributors of electric cables and wires and other electrical components or equipment not classified under Heavy Electrical Equipment

 

 

 

 

IN070 204

Industrial Manufacturing

IN07020 4001

Elevators

Manufacturer of elevators and escalators

 

 

 

 

 

 

IN07020 4002

Engineering & Construction products

Manufacturers and distributors of engineering and construction related products not covered elsewhere

 

 

 

 

 

 

IN07020 4003

Industrial Electronics

Manufacturers and distributor of industrial electronics like CC TV surveillance system, access control system, fire alarm System, multi-apartment video door phones, video door phones, intruder alarm System, fingerprint locks, and remote managed services etc.

 

 

 

 

 

 

IN07020 4004

Industrial Equipments

Manufacturers and distributor of industrial equipment not covered elsewhere

 

 

 

 

 

 

IN07020 4005

Railway Wagons

Manufacturers of railway wagons and EMU coaches

 

 

 

 

 

 

IN07020 4006

Ship Building & Allied Services

Companies engaged in ship building and providing allied services

 

 

 

 

 

 

IN07020 4007

Industrial Machinery

Manufacturers and distributors of industrial machinery not covered elsewhere

 

 

 

 

IN070 205

Industrial Products

IN07020 5001

Abrasives

Manufactures and distributors of abrasives

 

 

 

 

 

 

IN07020 5002

Bearings

Manufactures and distributors of bearings. Excludes bearings used for automobiles which are classified as 'Auto Components & Equipments' under Consumer Discretionary

 

 

 

 

 

 

IN07020 5003

Cables-Electricals

Manufacturers and distributors of electrical cables/wires. Excludes telecom cables which are classified as 'Telecom-Equipment & Accessories' under 'Telecommunication'

 

 

 

 

 

 

IN07020 5004

Castings & Forgings

Manufacturers and distributors of castings and forgings. Excludes companies generating majority revenue from automobile segment and they are classified as 'Auto Components & Equipments' classified under 'Consumer Discretionary'

 

 

 

 

 

 

IN07020 5005

Compressors & Pumps

Manufacturers and distributors of compressors and pumps

 

 

 

 

 

 

IN07020 5006

Diesel Engines

Manufacturers and distributors of diesel engines. Excludes engines used for automobiles which are classified as 'Auto Components & Equipments' under Consumer Discretionary

 

 

 

 

 

 

IN07020 5007

Electrodes

Manufacturers and distributors of electrodes

 

 

 

 

 

 

IN07020 5008

Packaging

Manufacturers and distributors of packaging materials such as cardboard, bags, boxes, cans, drums, bottles and jars and glass

 

 

 

 

 

 

IN07020 5009

Plastic Products-Industrial

Manufacturers and distributors of industrial plastic products such as plastic pipes etc.

 

 

 

 

 

 

IN07020 5010

Refractories

Manufacturers and distributors of refractories

 

 

 

 

 

 

IN07020 5011

Rubber

Manufacturers and distributors of rubber and rubber products. Excludes companies classified as 'Tyres & Rubber Products' under 'Consumer Discretionary'

 

 

 

 

 

 

IN07020 5012

Other Industrial Products

Manufacturers and distributors of other industrial products not classified elsewhere

 

 

 

 

 

 

IN07020 5013

Glass-Industrial

Manufacturers and distributors of industrial glasses. It excludes consumer glass classified under 'Consumer Discretionary'

 

 

 

 

 

 

IN07020 5014

Aluminium, Copper & Zinc Products

Manufacturers and distributors of aluminium, copper and zinc products

 

 

 

 

 

 

IN07020 5015

Iron & Steel Products

Manufacturers and distributors of iron and steel products

IN08

Information Technology

IN0801

Information Technology

IN080 101

IT-Software

IN08010 1001

Computers-Software & Consulting

Companies engaged in software development, IT consulting and data analytics

 

 

 

 

 

 

IN08010 1002

Software Products

Companies engaged in development of software products that can be commonly used by individuals and corporates

 

 

 

 

IN080 102

IT-Services

IN08010 2001

IT Enabled Services

Companies engaged in providing services for business automation through provision of IT infrastructure.

 

 

 

 

IN080 103

IT-Hardware

IN08010 3001

Computers Hardware & Equipments

Manufactures and distributors of computer hardware and equipments such as personal computers, laptops, servers, motherboards, networking equipments, printers, photo copiers etc.

IN09

Services

IN0901

Services

IN090 101

Engineering Services

IN09010 1001

Dredging

Companies providing dredging and related services

 

 

 

 

IN090 102

Transport Services

IN09010 2001

Airline

Owners and operators of commercial airlines

 

 

 

 

 

 

IN09010 2002

Logistics Solution Provider

Companies providing logistic services, courier, movers & packers etc.

 

 

 

 

 

 

IN09010 2003

Railways

Companies providing passenger or cargo transportation through railways

 

 

 

 

 

 

IN09010 2004

Road Transport

Companies providing passenger or cargo transportation through roads

 

 

 

 

 

 

IN09010 2005

Shipping

Companies providing passenger or cargo transportation through marine (shipping)

 

 

 

 

 

 

IN09010 2006

Transport Related Services

Other transport related service not covered elsewhere

 

 

 

 

IN090 103

Transport Infrastructure

IN09010 3001

Airport & Airport services

Owners and operators of airports and companies providing airport related services

 

 

 

 

 

 

IN09010 3002

Port & Port services

Owners and operators of marine ports and related services like marine engineering services

 

 

 

 

 

 

IN09010 3003

Toll bridge operator

Operators of bridge, highway, toll bridges etc. Does not include companies engaged into construction of road, bridges and highways which are classified as 'Civil Construction' under 'Manufacturing'

 

 

 

 

IN090 104

Commercial Services & Supplies

IN09010 4001

Trading & Distributors

Companies engaged in trading and distribution of goods not covered elsewhere

 

 

 

 

 

 

IN09010 4002

Consulting Services

Companies engaged in providing consulting services

 

 

 

 

 

 

IN09010 4003

Data Processing Services

Companies engaged in providing commercial electronic data processing services

 

 

 

 

 

 

IN09010 4004

Diversified Commercial Services

Companies providing commercial and consumer services not classified elsewhere. Includes, employment and related services, environmental services and pollution control services, other security services, renting and leasing services, trade and commission agent services etc.

 

 

 

 

 

 

IN09010 4005

Business Process Outsourcing (BPO)/Knowledge Process Outsourcing (KPO)

Companies engaged in providing Business Process Outsourcing (BPO)/Knowledge Process Outsourcing (KPO) services

 IN10

Telecommunication

IN1001

Telecommunication

IN100 101

Telecom-Services

IN10010 1001

Telecom-Cellular & Fixed line services

Companies providing fixed line and cellular telecom services

 

 

 

 

 

 

IN10010 1002

Telecom-Infrastructure

Companies engaged into provision of telecom instruments and telecom related infrastructure services.

 

 

 

 

 

 

IN10010 1003

Other Telecom Services

Companies engaged into provision of broad band internet service and other telecom related services not covered elsewhere

 

 

 

 

IN100 102

Telecom-Equipment & Accessories

IN10010 2001

Telecom-Equipment & Accessories

Manufacturers and distributors of telecom equipments, cables and other accessories. Includes investment trusts where underlying is telecom equipment such as telephone instruments

 IN11

Utilities

IN1101

Power

IN110 101

Power

IN11010 1001

Electric Utilities

Companies engaged into production and distribution of thermal, solar, hydro and wind power. Includes investment trusts where underlying is power generation and distribution

 

 

 

 

 

 

IN11010 1002

Power Trading

Companies engaged into trading of electricity

 

 

 

 

 

 

IN11010 1003

Power-Transmission

Companies engaged into transmission or distribution of electricity. Includes investment trusts where underlying is power transmission

 

 

IN1102

Utilities

IN110 201

Other Utilities

IN11020 1001

Water Supply & Management

Companies engaged into water supply and management

 

 

 

 

 

 

IN11020 1002

Waste Management

Companies engaged into waste management

 

 

 

 

 

 

IN11020 1003

Emergency Services

Companies engaged into providing emergency services like fire brigade, flood management etc.

 

 

 

 

 

 

IN11020 1004

Multi Utilities

Companies providing multiple lines of utilities

 

 

 

 

 

 

IN11020 1005

Other Utilities

Companies providing utilities not covered elsewhere

IN12

Diversified

IN1201

Diversified

IN120 101

Diversified

IN12010 1001

Diversified

Companies engaged into multiple business segment, where no single business segment contributes more than 50% of companies' total revenue and two or more segments each contributes at least 20% of total revenue