Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2011-07-19

50 companies on SME Exchange list

50 companies on SME Exchange list

At least 50 companies will be listed on the SME Exchange slated to be launched in September from across India on the SME Exchange at the time of the launch, out of which 10 will be from Gujarat.

"We should be able to have about 40-50 companies to start with. All these companies are currently at various stages of filing for the listing. At least 10 companies are from Gujarat and they are actively considering to list on the SME Exchange," said Lakshman Gugulothu, chief executive officer, BSE SME Exchange. Real estate, pharma, trading, manufacturing and services companies are likely to make it to the exchange.

The scrips listed on the SME Exchange platform will be put under the M-group and MT-group in the BSE's BOLT system. The trading of scrips will be done in the cash market as lots, unlike BSE scrips which are traded as individual shares. All existing trading members of BSE will be eligible to participate in the SME Exchange and need not register separately. But they are facing two challenges currently, i.e to educate and convince SME owners to get listed on the SME exchange and secondly, the investors also need to be convinced to invest in the SMEs.

The SME Exchange is expected to benefit SMEs to raise funds and leverage on their share value for the future growth of companies. The listing norms have also been relaxed for SMEs, with a reduction in duration and costs for initial public issue (IPO) procedures. The duration for IPO procedure will reduce to about 1-2 months against the normal 8-10 months. This will save cost as well as time for the listing.

Companies having a post-issue paid-up capital of up to Rs 10 crore will be covered under the SME platform, while companies with a post-issue paid-up capital between Rs 10 crore and Rs 25 crore will be listed on the SME platform. Those exceeding the paid-up capital limit of Rs 25 crore would necessarily have to list on the main board of the exchange.

 

Related opportunities
  • About:Fading the perception of burger being a junk food and..
    Locations looking for expansion Karnataka
    Establishment year 2000
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 250 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Ayurvedic, Herbal & Organic Products
    About:OMORFEE, an Indo – German venture of Bioruns Private Limited,..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 100 - 250 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Join hands with Smart school Education Pvt Ltd and be..
    Locations looking for expansion New Delhi
    Establishment year 2011
    Franchising Launch Date 2014
    Investment size Rs. 2lac - 5lac
    Space required 1000 - 2500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North West Delhi New Delhi
  • Ice creams & Yogurt Parlors
    About Thanco's Natural ice cream :-Though many things have changed from..
    Locations looking for expansion Karnataka
    Establishment year 2006
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 100 - 1000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities