Mumbai, Jul 7 (KNN) In line with the Bombay Stock Exchange, today BSE SME also traded 0.09 per cent higher and its market capitalization was approaching the range of Rs 7,500 crore.

The market cap of BSE SME closed at Rs 7,469.24 crore today.

With a total of 61 companies listed on the platform, only 24 companies traded actively today. There were nine advances whereas the number of declines was 12.

Some of the companies waiting to be listed with on the platform are – Powerhouse Fitness and Reality Limited, Encash Entertainment Limited, Bansal Roofing Products Limited etc.

The 61 companies listed on BSE SME platform have raised Rs 533.56 crore from the market so far.

BSE SME Platform offers an entrepreneur an investor friendly environment, which enables the listing of SMEs from the unorganized sector scattered throughout India, into a regulated and organized sector. 
 
BSE commenced the SME platform on March 2012 and in over two- year period, BSE has achieved more than 90 per cent market share helping Indian SMEs create a market capitalisation of more than USD 1 billion.  Average IPO size on BSE SME is close to Rs 9 crore per issue. 

The benchmark Sensex today closed above the 26,000 mark for the first time. (KNN/SD)