Listings on BSE’s SME platform likely to jump to 100 from 54 this year

The small and medium enterprises (SME) platform of the Bombay Stock Exchange (BSE) is likely to see a jump in […]

   

The small and medium enterprises (SME) platform of the Bombay Stock Exchange (BSE) is likely to see a jump in listings in 2018, a senior official of the bourse said on Friday. “There were 54 listings in 2017 calendar year and in 2018, we expect the number should be 100 as we are witnessing healthy interest,” BSE SME head Ajay Thakur said. Many companies have recorded improvement in their topline following listing. The SME IPO index has given a good return of over 80 per cent last year, he said. “Already, 35 companies have filed their prospectus,” Thakur said. He added that there has been a change in the mindset of the next generation of SME promoters, who are exploring new means of fund raising.

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