Hotline: 1800 102 2007
Search Business Opportunities

SME exchange coming soon

SEBI approves SME exchange

Lakhsman Guguluthu, CEO, BSE-SME Exchange, while addressing a session organized by CII Eastern Region, recently, emphasised on the issues of the substantial growth of SMEs which contribute to the 8 percent of country's Gross domestic product (GDP).

SMEs also contributes 45 percent of India's manufactured output and 40 percent of the exports.

"Small investors have to be lured but informed investors who are ready to make medium or long term investments are preferable for growth of SMEs," Guguluthu added.

On setting up of the SME Exchange, he said: "We have got in-principle approval from Sebi for setting up the SME exchange. We await the final approval which is expected to come very soon."

"Of the listed companies, there are 1,500 firms with a paid-up capital of less than Rs 10 crore and 2,500 companies with a paid-up capital of Rs 10-25 crore. This makes 4,000 companies (of the 6,000 listed) who can qualify for the SME exchange," said Gugulothu.

These companies will be encouraged to switch to the new bourse for which they will not be required to issue fresh shares.

Related opportunities
  • Others Dealers And Distributors
    About Us: WHAT IS TELE SHOPPING BUSINESS-: Teleshopping is a Business, Where..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required 100 - 150 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
  • Bars, Pubs & Lounge
    About : “Retox – The Social Fix” is a brand that..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • E-Commerce & Related
    About Us: Incepted in 1955 by Shri. Madhavrao Ashtekar, who hailed..
    Locations looking for expansion Delhi
    Establishment year 1955
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Women's clothing
    About: There is no doubt about the fact that India’s gen-next..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
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

Free Advice - Ask Our Experts