Media Release

Market Cap of BSE SME listed companies crosses landmark 10,000 crore

Mumbai, December 12, 2014: The market capitalisation of the companies listed on the BSE SME platform today crossed the landmark figure of INR 10,000 cr. BSE SME platform has been able to achieve this milestone within 2 years of its launch. BSE SME platform currently has 82 companies listed on its platform. Additionally, 16 more companies are in various stages of listing.

Commenting on this landmark achievement BSE MD & CEO, Ashishkumar Chauhan said, “Reaching market capitalization of Rs 10,000 crore in listed BSE SME companies is a small but significant step for Indian capital markets. It is a proud moment for India. BSE is delighted to be of help to SME companies in raising the capital and providing liquidity platform. MSME sector is one of the largest provider of jobs in India and engine of job creation.”

The MSMEs of India is also expected to be the cradle for our Honourable Prime Minister Shri. Narendra Modi’s “Make in India” vision. Indian SMEs also play a significant role in Nation development by nearly contributing 8% in GDP, 45 percent of the manufacturing output and 40 percent of the exports. Currently, it provides more than 80 million jobs in Indian economy and accounts for more than 40% of exports as well as manufacturing activity in India.  

Commenting on this landmark achievement BSE MD & CEO, Ashishkumar Chauhan said, “Reaching market capitalization of Rs 10,000 crore in listed BSE SME companies is a small but significant step for Indian capital markets. It is a proud moment for India. BSE is delighted to be of help to SME companies in raising the capital, creating wealth for various stake holders, bringing corporate governance and visibility and providing liquidity on the platform. MSME sector is one of the largest provider of jobs in India and engine of job creation.”

Recently market cap of the companies listed on the main exchange BSE crossed milestone of INR 100 lakh crore. BSE is the world’s largest stock exchange in terms of the numbers of companies listed on its platform which stands at 5530. 

BSE in its endeavor to bring transparency and accuracy to the market has taken several initiatives and has been increasing its market share both in cash and derivatives segment. It has also gained leadership in many other products like BSE SME platform, BSE Star MF and many more.

The number of trades on the BSE platform has increased, due to its faster technology which it introduced in April 2014. BSE launched its equity trading platform software ‘BOLT Plus’.  The BSE trading system (Bolt Plus) is based on T7, the global trading architecture of Deutsche Bourse AG. One of the key features of the system is its response time of approximately 200 micro seconds, making it the fastest trading platform in the country. BSE's new technology, which is open source and low cost can handle 5 lakh orders per second.

ABOUT BSE Ltd:

BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first Stock Exchange and one of India’s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME). BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full innovation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.

For More Information 

Yatin Padia – 022 2272 8516 / Ketan Mehta – 022 2272 8321
Marketing Communications
yatin.padia@bseindia.com/ketan.mehta@bseindia.com