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26 April 2025, 11:27
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KASE markets and listing fees

The official list of the Exchange is divided into four markets, which in turn are divided into sectors and categories. Such ranking of the list makes it possible to differentiate listing requirements and corresponding listing fees depending on a size, type of issuer and target group of investors

KASE markets

Main

For securities of large companies with a life span of more than three years, with a history of development and a certain level of income. Securities of such companies potentially attract a larger number of investors, as they have stricter criteria and listing requirements, as well as disclosure obligations

Main

Alternative

For securities of small and medium-sized businesses, where simplified listing requirements are provided and information disclosure requirements are understated

Alternative

Mixed

For special purpose securities, for example government securities, securities of international financial organizations, investment funds Islamic securities. In November 2021 KASE launched a new sector – KASE Global, where foreign shares and ETFs as well can be traded

Private placement

For non-state securities subject to private placement which under the Securities Market Law of the Republic of Kazakhstan are placed among a limited range of qualified investors

Private placement

Checklist to determine the market

Public placement
Private placement
Step 1. Type of instrument for public placement
Step 2. Existing rating from S&P, Fitch, Moody's of at least ВВ-
Step 3. Company registration date
Step 4. Assets of the company for the last three years
Step 5. Revenues of the company for the last three years

Listing fees

Main
Alternative
Mixed
Private placement
Voluntary delisting of shares
Preliminary
393 200
763
Review
393 200 - 3 932 000
763 - 7 635
Admission
393 200 - 11 796 000
763 - 22 904
Annual
393 200 - 7 864 000
763 - 15 269

Listing Fee Calculator

pcs

Actual information

FOR INVESTORS List of tools
FOR INVESTORS Issuers
LISTING Audit organizations
INFORMATION Trading results
FOR INVESTORS Disclosure of information by companies
INFORMATION Market and companies news