Fi Section L Finance
NIC 2025 MoSPI source

NIC 661204 - Equity-based crowdfunding, and debt-based crowdfunding offering securities

NIC 661204 classifies equity-based crowdfunding, and debt-based crowdfunding offering securities as a final six-digit business activity under Section L and Division 66. Use it when this activity is the main source of...

Level Sub-class
Depth 5/5
Children 0
Last verified 2026-04-21

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Official note

Class 6612 note from source layer

This class excludes: - dealing in financial markets on own account, see division 64 - portfolio management, on a fee or contract basis, see 6630 - buying and selling of real estate projects, e.g. wind or solar parks, see division 68 - trading and brokerage of crypto assets without a corresponding liability (not by a monetary authority), see 8299 - donation-based fundraising, see 8299