Market cap of BSE SME crosses Rs 7,900 cr

Mumbai, Aug 18 (KNN)  Market capitalization of small and medium enterprises listed on the BSE platform touched Rs 7,910.53 crore in trading today.  However less than 10 companies actively traded.

There has been a lot more activity on the bourse these days with more companies listing taking the total number to 65. 

Among firms waiting to be listed are Amsons Apparels, JLA Infraville Shoppers Limited, Naysaa Securities and Powerhouse Fitness and Realty Limited.

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. 

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.  (KNN/ES)