Regulator Sebi received Rs 390.87 crore as fees from securities market participants, including foreign portfolio investors whose contribution more than doubled in 2015-16 compared to the previous fiscal. For FPI category, Sebi received a fee of Rs 28.31 crore on non-recurring basis and Rs 22.49 crore in recurring basis. Of the total Rs 390.87 crore fee received by Sebi in the last fiscal, nearly 61% (Rs 78.63 crore) amount was registration charges from derivative members. In the non-recurring fees category, the highest fees was collected from takeover fees (Rs 33.87 crore) followed by fees from offer documents and prospectuses filed ( Rs 29.34 crore) and FPIs (Rs 28.31 crore), it added. Of the total fee collected in 2015-16, Rs 238.06 crore was on recurring basis, while Rs 152.81 crore was non-recurring fee.

Source: dna August 21, 2016 06:48 UTC