BSE SME open in red on Monday morning; no. of companies listed reached 96
Updated: Jul 13, 2015 11:34:36am
Mumbai, July 13 (KNN) On Monday morning, the BSE SME opened in red with merely 8 out of 90 companies trading actively on the platform.
Out of 8 companies trading, there were 4 advances, 2 declines and 2 remained unchanged. The market capitalization fell to Rs 7,192.02 crore with a decline of -0.14 per cent.
The number of companies listed with the bourse has increased to 96, of which 6 have moved to the main board.
Meanwhile, BSE expects 40 initial public offers (IPOs) on its main platform and around 100 on the SME platform this fiscal, indicating a strong revival of the primary markets.
In the 2014-15 fiscal, the premier exchange saw six IPOs on its main board and 35 on its SME platform. But an overall fund raised was a paltry Rs 1,200 crore. It is expected to rise more than 10-fold to Rs 15,000 crore in the current fiscal. (KNN Bureau)
Out of 8 companies trading, there were 4 advances, 2 declines and 2 remained unchanged. The market capitalization fell to Rs 7,192.02 crore with a decline of -0.14 per cent.
The number of companies listed with the bourse has increased to 96, of which 6 have moved to the main board.
Meanwhile, BSE expects 40 initial public offers (IPOs) on its main platform and around 100 on the SME platform this fiscal, indicating a strong revival of the primary markets.
In the 2014-15 fiscal, the premier exchange saw six IPOs on its main board and 35 on its SME platform. But an overall fund raised was a paltry Rs 1,200 crore. It is expected to rise more than 10-fold to Rs 15,000 crore in the current fiscal. (KNN Bureau)
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