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<root>
    <author>ENA</author>
    <category>Economy</category>
    <date>2018-05-16 08:35:34</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;New Delhi, May 16 (KNN)&lt;/strong&gt; With growing active participation of investors on SME Exchange platforms, the number of listed firms on NSEs small and medium enterprise (SME) platform Emerge has touched 150- mark and have raised a total amount of Rs 2,221 crore so far, said National Stock Exchange (NSE) spokesperson.&lt;/p&gt;&#13;
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&lt;p&gt;There are two more firms waiting to get listed with the bourse - E2E Network and 5 Core Electronics- which are likely to get listed next week.&lt;/p&gt;&#13;
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&lt;p&gt;Few more companies are expected to join the exchange in coming months as slew of firms have lined up their share-sale plans, NSE spokesperson has said.&lt;/p&gt;&#13;
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&lt;p&gt;Out of these 150 listed firms, 3 firms have now been moved to main board and rest 147 firms with market valuation of Rs 12,400 crore are listed on the platform.&lt;/p&gt;&#13;
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&lt;p&gt;The 150 companies listed on the NSE platform belong to a wide range of sectors like logistics services, media, automotive components, pharma, infrastructure and hospitality.&lt;/p&gt;&#13;
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&lt;p&gt;Some of the key benefits that one gets with the listing on SME platform includes governance structures, capital access for expansion, improved credit rating, easy finances and branding.&lt;/p&gt;&#13;
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&lt;p&gt;Funds raised through the issues were used for business expansion plans, working capital requirements and other general corporate purposes.&lt;/p&gt;&#13;
</fulldesc>
    <id>19841</id>
    <link>http://knnindia.co.in/news/newsdetails/economy/150-firms-listed-with-emerge-nses-sme-platform-raise-rs-2221-crore</link>
    <pubDate>2018-05-16 08:35:34</pubDate>
    <source>knnindia.co.in</source>
    <title>150 firms listed with Emerge - NSE’s SME platform-raise Rs 2,221 crore</title>
</root>
