BSE eyes 200 listings on SME platform by June

BSE eyes 200 listings on SME platform by June

PTIUpdated: Thursday, May 30, 2019, 08:40 AM IST
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New Delhi: Leading stock exchange BSE expects to have 200 companies listed by June on its SME platform, an exclusive platform it has launched for raising of funds by small and medium enterprises.

So far, 165 companies have been listed on the BSE’s SME

platform with an aggregate market capitalisation of close to Rs 19,000 crore. These firms have raised over Rs 1,288 crore through their initial public offerings (IPOs).

Of these, 24 have migrated to the BSE’s main board.

Listing will help in wealth creation for the companies

and their promoters, BSE’s MD and CEO Ashishkumar Chauhan said here, reports PTI.

Many good companies from areas like manufacturing, metals, information technology and others are coming to list on the BSE’s SME platform, he said.

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