Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2009-10-30

Norms for SME stock exchange to be issued soon

Securities and Exchange Board of India (Sebi) is likely to issue norms on separate stock exchange for small and medium enterprises next month. This will give the SMEs more options to raise funds.

Securities and Exchange Board of India (Sebi) is likely to issue norms on separate stock exchange for small and medium enterprises next month. This will give the SMEs more options to raise funds. At present SMEs majorly depend on banks and other financial institutions for funds.

 

In response to the industry’s demand for such a platform the government has made efforts by setting up two platforms for raising funds. In 1989, OTC Exchange of India was set up, while the Bombay Stock Exchange launched INDO NEXT Platform in 2005. But after these attempts failed to cater to SMEs, the government, Sebi and the industry made no further efforts.

 

In order to make it a safer platform for investors, Sebi had last year proposed to allow allocation of shares to retail participants only through mutual funds. It had also asked for comments on whether to fix a minimum investment size at the time of the initial public offer to allow only informed and well-researched investors into the market. This time, BSE, National Stock Exchange and MCX Stock Exchange have shown interest in setting up an exchange for SMEs.

 

Related opportunities
  • Healthcare Products
    MICROSIDD India Private Limited is registered under Ministry of Commerce,..
    Locations looking for expansion Karnataka
    Establishment year 1999
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • About Us Ross Warner HR Solutions is an ISO 9001:2000- certified..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Quick Service Restaurants
    About: Burger Singh is into business of Fast Food Burger Chain..
    Locations looking for expansion New Delhi
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • About:Wicked Ride is a technology-driven two-wheeler rental company, offering premium,..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    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