The country\'s premier stock exchange BSE Ltd has said that it has emerged as the market leader in the SME segment with more than 90 per cent market share.
The country's premier stock exchange BSE Ltd has said that it has emerged as the market leader in the SME segment with more than 90 per cent market share.
In the last one year since the launch of the SME platform, BSE SME, 17 companies have been listed, while nine more are in the process of listing their shares by March 31 this year.
The rival NSE had listed three companies so far on its SME exchange platform.
BSE launched its SME platform on March 13, 2012 with the listing of BCB Finance. The SME-listed companies have rewarded its investors reasonably.
As per the data provided by BSE, out of 17 listed companies only two companies, namely RCL Retail and Bronze Infra-Tech, are quoting at Rs 9.3 and Rs 8.7, below their issue price offer of Rs 10 and Rs 15, respectively.
However, shares of Looks Health Services gave handsome return as it is quoting at Rs 214 against the issue price of Rs 40 per share. Max Alert Systems is also quoting higher at Rs 92 against its issue price of Rs 20.
The market regulator, Securities and Exchange Board of India (SEBI) accorded approval to the SME Exchange by BSE in September 2011.