Mumbai, June 19 (KNN) The BSE SME traded in green today with the market capitalization reaching Rs 7,929.82 crore, however, the number of companies that traded actively today remained less than even one third.

Today, out of the 88 listed firms, only 26 companies were traded which is less than one-third of the total number.
 
The number of declines was more than the number of advances in trading on the BSE SME platform today. There were 13 declines and 12 advances in the market today, while one remained unchanged.
 
Meanwhile, in what can be seen as a boom time for the small and medium enterprises (SMEs) in the country, the BSE SME Exchange looks to list about 100 SMEs during this fiscal.
 
So far, about 120 draft red herring prospectus (DRHPs) have been filed, out of which 94 companies got listed. Out of the 94 companies listed, 32 alone are from Gujarat.
 
Recently, BSE SME Exchange had revised the listing norms thereby requiring higher post-issue paid up capital at Rs. 3 crore against the previous requirement of Rs 1 crore. Also, now the net-worth requirement and tangible assets requirement has been increased to Rs 3 crore from Rs. 1 crore. (KNN Bureau)