The BSE SME Exchange platform is close to hosting 300 small and medium enterprises on its SME platform, with the 298th company, Evans Electric, getting listed on Monday.
In total, close to 500 SME companies have got listed on BSE and NSE since the market regulator came out with detailed listing guidelines for SMEs in May 2010.
The NSE’s Emerge platform for listing SME companies has 198 companies listed on it since 2012 when SMEs started getting listed on bourses.
Evans Electric, a Maharashtra-based company engaged in the repairing, re-winding and re-designing, including inhouse manufacturing, of replacement components of electric motors, generators and transformers.
SME platform helps small and medium enterprises to tap the larger world of finance by raising equity capital for their growth and expansion.
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