Media Release

Media Release

BSE SME exceeds USD 1 billion market capitalisation

Mumbai, April 4, 2014: The market capitalisation of companies listed on BSE SME Platform has exceeded USD 1 billion mark, with the rate of Rs 60.18 per USD, as of close of business on April 4, 2014.

As of date, 55 companies are listed on BSE. Average market capitalisation per company works out to be more than Rs 100 crore per company, which is similar to main Board companies on BSE.

BSE started the SME Platform on March 2012. In just over 2 years, BSE has achieved more than 90% market share helping Indian SMEs create a market capitalisation of more than USD 1 billion. Average IPO size on BSE SME is close to Rs 9 crore per issue.

As of date, additional 14 companies are in the process of listing on BSE SME Platform. . MD and CEO, BSE, Ashish Chauhan said that it is matter of pride that BSE has been able to create an eco system for SME financing in India. US $ 1 billion of market capitalisation for SME segment on BSE is an important milestone in this journey. BSE will continue to strive to help Indian SME and Large Cap companies to raise funds with its innovative and market leading E-IPO platform as well as the fastest trading system in India with 200 micro seconds response time. "


ABOUT BSE:

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, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). BSE also 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. It operates one of the most respected capital market educational institutes in the country (the BSE Institute Ltd.). BSE also provides depository services through its Central Depository Services Ltd. (CDSL) arm.



Yatin Padia – 98330 10098 / Ketan Mehta – 98209 42920
Marketing Communications
yatin.padia@bseindia.com / ketan.mehta@bseindia.com