Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2014-04-05

BSE SME market capitalisation exceeds $1 billion

The market capitalisation of companies listed on BSE SME platform crossed $1 billion mark today.

The market capitalisation of companies listed on BSE SME platform crossed $1 billion mark today.

 

The market capitalisation of companies listed on BSE SME platform has exceeded $1 billion mark, with the rate of Rs 60.18 per USD, as on April 4th, BSE said in a statement.

 

As many as 55 companies are listed on BSE SME platform. Average market capitalisation per company works out to be more than Rs 100 crore, which is similar to main Board companies on BSE, the release said.

 

BSE commenced the SME platform on March 2012. In over two-year period, BSE has achieved more than 90 per cent market share helping Indian SMEs create a market capitalisation of more than $1 billion. Average IPO size on BSE SME is close to Rs 9 crore per issue.

 

As of date, additional 14 companies are in the process of listing on BSE SME platform.

 

"BSE has been able to create an ecosystem for SME financing in India and $1 billion of market capitalisation for SME segment is an important milestone in this journey. BSE will continue to strive to help Indian SME and large cap companies to raise funds with its innovative and market leading E-IPO platform as well as the fastest trading system in India with 200 micro seconds response time," BSE MD and CEO, Ashish Chauhan said.

Related opportunities
  • Pizzeria
    Start your own pizza joint by becoming a Go69 Franchisee:..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 400 - 800 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Lucknow Uttar Pardesh
  • Physiotheraphy centre
    INTRODUCTIONWellneZZone*, is India’s most favorite Chain of Wellness Centers, an..
    Locations looking for expansion Tamil Nadu
    Establishment year 2000
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required 600 sq. feet - 1400 sq. ft. Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Casual dine Restaurants
    Confused of what food franchise business opportunity is right for..
    Locations looking for expansion Maharashtra
    Establishment year 1982
    Franchising Launch Date 2000
    Investment size Rs. 50lac - 1 Cr.
    Space required 1800 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Nashik Maharashtra
  • Quick Service Restaurants
    In 1952, Lovie Yancey created something unique. A culture. A..
    Locations looking for expansion New Delhi
    Establishment year 1952
    Franchising Launch Date 1990
    Investment size Rs. 50lac - 1 Cr.
    Space required 1200 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
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