BSE’s small & medium enterprise (SME) platform has emerged as a highly vibrant and dynamic sector of the Indian economy over the past few years. It generates significant interest from investors with 200 firms filing draft papers to raise funds through Initial public offerings (IPO) since the launch of the segment, nearly five years ago.
SMEs plays vital role in providing large employment prospects at comparatively lower capital cost along with assistance in industrialization of rural areas. BSE small & medium platform is the largest and fastest growing one in India, where 200 companies have filed their prospectus for getting listed as on date. Out of 200 companies, 164 of them are already listed and have raised Rs 1,282 crores from the market.
SEBI appeared with detailed guidelines on 18th May, 2010 for launching of small and medium enterprise Exchange. BSE has become the first stock exchange to get the nod from SEBI and launched its SME platform on 13th March, 2012.
Total market capitalization of 164 listed SME companies as on 15th Feb. 2017 figures Rs 18,345 crore. Out of 164 companies enlisted on BSE SME platform, 23 of them have migrated to BSE main board over a period. BSE is the market leader in this segment with awesome market share in excess of 80%.