{"id":954,"date":"2019-10-17T11:02:24","date_gmt":"2019-10-17T11:02:24","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/17\/100-msmes-to-explore-bse-sme-listing-this-fiscal-number-of-firms-shifting-to-main-board-to-go-up\/"},"modified":"2019-10-17T11:02:24","modified_gmt":"2019-10-17T11:02:24","slug":"100-msmes-to-explore-bse-sme-listing-this-fiscal-number-of-firms-shifting-to-main-board-to-go-up","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/17\/100-msmes-to-explore-bse-sme-listing-this-fiscal-number-of-firms-shifting-to-main-board-to-go-up\/","title":{"rendered":"100 MSMEs to explore BSE SME listing this fiscal; number of firms shifting to main board to go up"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-1738232 size-full\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/bsesme1.jpg\" alt=\"BSE SME platform, BSE SME platform market cap, how to list on BSE SME platform, nitin gadkari, MSME listing fund, MSME minister, Finance ministry, BSE, Sensex, NSE, Nifty\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/bsesme1.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"wp-image-1738232 size-full\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/bsesme1.jpg\" alt=\"BSE SME platform, BSE SME platform market cap, how to list on BSE SME platform, nitin gadkari, MSME listing fund, MSME minister, Finance ministry, BSE, Sensex, NSE, Nifty\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/bsesme1.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/bsesme1-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">Earlier this week, BSE had amended the criteria for migration to the main board for SMEs. (Representational)<\/span><\/figure>\n<\/div>\n<p><span style=\"font-weight: 400;\">The listing platform for small and mid-size enterprises (SME) at the Bombay Stock Exchange BSE SME launched in March 2012 has so far seen the listing of 312 SMEs while another around 100 are exploring listing by the end of the current financial year, according to BSE SME Head Ajay Thakur. \u201cBy March end we are expecting another 40-45 SMEs to file their prospectus while 60 companies have already filed it and are in line to get listed even as it depends on how the market behaves,\u201d Thakur told Financial Express Online.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the data available, the market cap of 312 listed SMEs so far is Rs 18,378.77 crore while the total money raised till date is Rs 3,183.80 crore. In terms of migration to the main board, so far 71 SMEs have made the switch while \u201canother 10-12 companies may migrate to the main board by March,\u201d Thakur added.<\/span><\/p>\n<p><strong>Also read:\u00a0<a href=\"https:\/\/www.financialexpress.com\/industry\/sme\/msme-fin\/1738193\/\" target=\"_blank\" rel=\"noopener\">Credit growth in MSMEs suffers despite govt\u2019s push, low lending rates; here\u2019s what RBI data\u00a0shows<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this week, BSE had amended the criteria for migration to the main board for SMEs wherein now the post-issue capital has to be more than Rs 10 crore while the market cap has to be at least Rs 25 crore and that the company or its directors or promoters should not have been debarred by the Securities and Exchange Board of India.<\/span><\/p>\n<p><strong>Watch: The Economist \u2013 India Summit 2019<\/strong><\/p>\n<p><iframe class=\"lazy lazy-hidden\" data-lazy-type=\"iframe\" data-src=\"https:\/\/www.youtube.com\/embed\/LyiiXk9-Vbo\" width=\"100%\" height=\"392\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><noscript><iframe src=\"https:\/\/www.youtube.com\/embed\/LyiiXk9-Vbo\" width=\"100%\" height=\"392\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/noscript><\/p>\n<p><span style=\"font-weight: 400;\">The increase in listings gain significance amid the government\u2019s focus to boost MSME listings on the stock exchanges \u2014\u00a0 BSE SME and NSE Emerge. MSME Minister Nitin Gadkari has been urging SMEs to get listed to raise capital to grow their businesses and that the government will buy 10 per cent in them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With respect to Emerge, 200 MSMEs have been listed on the platform while nearly 22 MSMEs have migrated to the mainboard of NSE. \u201cFrom conventional manufacturing companies to new economy start-ups, NSE has always endeavoured to create a vibrant capital raising environment,\u201d Vikram Limaye, MD and CEO, NSE said during the listing of 200th MSME on Emerge in August this year.<\/span><\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-505433207\"><div id=\"jobbi-396486601\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] Earlier this week, BSE had amended the criteria for migration to the main board for SMEs. (Representational) The listing platform for small and mid-size enterprises (SME) at the Bombay Stock Exchange BSE SME launched in March 2012 has so far seen the listing of 312 SMEs while another around 100 are exploring listing by [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=954"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/955"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}