Coimbatore, Jul 28 (KNN) Market regulator Securities and Exchange Board of India (SEBI) will have to balance market feedback and the need to protect the interests of the small investors, said its chairman, U K Sinha while speaking about the issues limiting the listing of SMEs on the SME platform of stock exchanges.

Addressing the two issues limiting the listing of SMEs on the SME platform of stock exchanges – the minimum lot size of Rs 1 lakh and 3-year market making requirement which appears to put off merchant bankers, Sinha said when the platform was started, the requirement was not up to this extent and it was later found that the scheme did not succeed, reports media.

Speaking at a meeting on `SME funding: role of capital markets’, organised by SEBI and the Small Industries Development Bank of India (SIDBI) here last week, Sinha said, ‘a lot of people had excitement’ about the new platform and the dialogue among the parties involved would be ‘ongoing’. He said after 10 years of efforts, 68 SMEs have been listed and said the feedback would be ‘evaluated very closely’.

SEBI would be holding discussions with the SME sector in other places as well. (KNN/SD)