The number of Small and Medium Enterprises (SME) raising funds through the SME platform is set to hit a record high in 2016. Already over 30 companies have hit the street in 2016 till date with the BSE accounting for a major chunk of these issues. The BSE SME platform has seen about 25 companies …
Tag: BSE
BSE to see 200 listings on SME platform by FY17
The BSE SME exchange is expecting 200 listings on its platform by the fiscal-end and 150 by the end of this month itself. The stock exchange is looking to raise Rs 500 crore via forthcoming listings of more than 50 SMEs on its platform by the fiscal-end. “As of now, 146 SMEs have already go…
10 more SMEs from Rajasthan set to get listed on BSE SME bourse
With awareness increasing about the benefits of getting listed, BSE India is expecting to bring 10 more companies from Rajasthan on its SME platform by the end of current financial year, a top official of the exchange said here. “There are already seven companies from Rajasthan listed on t…
IPOs on SME bourse too on a hot streak
The spectacular revival in the primary markets in the last few months is not limited to large IPOs such as Quess Corp or Mahanagar Gas. Public share sales of smaller companies on the dedicated SME boards of stock exchanges, too, have been on a hot streak. All 13 companies that have listed on the …
SEBI plans to relax start-up listing norms by next month
To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their existing investors including from abroad. The platform is aimed at providing easier exit options …
Nandan Nilekani backed truck network start-up 4TiGO starts operations in six cities
Former Infosys CEO Nandan Nilekani and Accel Partners-backed truck network start-up 4TiGO on Wednesday announced commencement of operations in six Indian states, aimed at optimising goods transportation by bringing all stakeholders on to a common platform. The cloud-based technology platform with…
Reliance industries subsidiary invests $16 million in tech startup NetraDyne
Reliance Industrial BSE 0.12 % Investments and Holdings (RIIHL), a subsidiary of Reliance Industries BSE -0.54 % is investing $16 million in compulsory convertible preferential shares of us based tech startup NetraDyne . According to a filing by the Mukesh Ambani owned group on the Bombay stock e…
Thomas Cook India enters into partnership with Vista Rooms
Travel services provider Thomas Cook (India) BSE 0.73 % has entered into a partnership with online budget hotels aggregator, Vista Rooms, for providing standardised accommodation experience. This includes over 800 properties across 90 locations pan India, together with more than 200 hotels in 25 …
State govts lend support to SME platforms
The Small and Medium Enterprises (SMEs) platforms started in early 2012 by the two national bourses, BSE and NSE, to enable smaller companies to list and raise money, have found support from some state governments. The Gujarat and Rajasthan governments have announced subsidies to pay for the expe…
Reduce minimum float for SME listing | I-Bankers
Investment bankers for SMEs (Small and Medium Enterprises) want to lower the minimum percentage of shares going public to 10 per cent of equity, from 25 per cent now. Going public is the act of listing certain number of shares on an exchange. Experts believe that, at present, the funding need of …