Mumbai, Apr 26 (KNN) The total number of companies listed with the SME exchange of BSE has gone up to 179. On Thursday two more companies will migrate to main board BSE taking the total number of migrated companies to 27.

On Monday, equity shares of Mumbai based KMS Medisurgi Limited got listed with the platform.

On April 27, the Equity Shares of Jaipur based Dhabriya Polywood Limited and New Delhi based Amsons Apparels Limited will be migrated & admitted to dealings on the Mainboard Platform in the list of “B” Group.

To get listed with the BSE SME division, an enterprise should meet certain basic criterion. The net tangible asset of the enterprise post latest audit should be Rs 3 crore. Track record of distributable profits in terms of section 123 of the Indian Companies Act 2013 for at least two years. The post-paid up capital of the company should be at least Rs3Cr.

The net worth of the company should be at least Rs 5 crore. The minimum allottees needed for the BSE SMEs is only 50 for an Intial Public Offer (IPO) as compared to a main bard listing of BSE which requires at least 1000 allottees for an IPO.

The BSE SME members can also have the option of shifting to the main board of BSE once their paid-up capital crosses Rs 10 crore.

So far, 179 SMEs from all over the country have got listed with BSE SME out of which 25 have migrated to the mainboard BSE. The BSE SME platform was formed in 2012. (KNN Bureau)