BSE SME plays big shots to change small business fortunes – Mapping the 1 to 192 listing journey


SMEpost.com looked through the BSE SME listing journey and the results seem promising


bse-kGGE--621x414@LiveMintThe word on Dalal Street is SMEs are witnessing a dream-run at India’s leading exchange platform Bombay Stock Exchange (BSE). The proactive leadership at the BSE SME platform has brought about the fastest on-boarding since its inception if one traces back to September of 2016 when the exchange was in process of listing the 150th company to the already listed 192nd within a year itself.

The journey which began in 2012 with India’s leading bourse BSE setting up its SME platform as per regulations laid down by Securities and Exchange Board of India (SEBI) and on-boarding the first listing, has now come to scripting a double century.

If we look back at the journey of BSE SME from listing its first company on March 13, 2012 to the 192nd on September 5, 2017, the bourse certainly draws a bullish sentiment.

Pie-chart2SMEpost.com looked through the journey by keeping every 50th company as a milestone to compare the time consumed to achieve the marked intervals. The data shown above clearly states that the time consumption has certainly lessened milestone-by-milestone. The speedy listing is a positive trend showing the increasing awareness and confidence amongst SMEs to take the equity route and tackle the fund-crises on the back of BSE SME.

Listing Milestone Name of Company Listed Date of Listing
1st BCB Finance Ltd March 13, 2012
50th Sivi Shipping Corporation March 6, 2014
100th Rudra TMX TMT Bars July 16, 2015
150th Narayani Steels Ltd September 14, 2016
192nd Shish Industries September 5, 2017

In a recent interview to SMEpost.com, BSE SME Head Ajay Thakur had expressed his bullish sentiments of taking forward this small enterprises exchange platform by aiming high to touch double hundred listings.

BSE SME Platform offers an entrepreneur and investor friendly environment, which enables the listing of SMEs from the unorganized sector scattered throughout India, into a regulated and organised sector.

Swastika Tripathi

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