New Delhi, Jul 21 (KNN) Small and Medium Enterprises (SMEs) will be the next big wealth creators for investors, CEO of Bombay Stock Exchange (BSE), Ashish Kumar has said.

In an interview to Hindustan Times, Kumar said that the SMEs are poised to attract initial public offers (IPO) from government and private sector.

He also informed that apart from the 63 firms already listed with the BSE-SME exchange, 15 more SMEs are set to get listed in the next few days.

Kumar said, “We want to create profitable returns for Indians and foreigners who invest in creating new jobs in India.”

BSE was the first bourse to launch a dedicated platform for SMEs and start-ups in March 2012 after the regulator Sebi allowed small companies to get listed without an IPO.
It launched an institutional trading platform for this in November 2013.  (KNN/SD)