NSE EMERGE

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NSE EMERGE
National Stock Exchange of India 2.jpg
Type Stock exchange
LocationMumbai, India
Founded2012
OwnerNational Stock Exchange of India Limited
Currency Indian rupee ()
No. of listings200 (Sept 2019) [1]
Website www.nseindia.com/emerge/

NSE EMERGE [2] is the National Stock Exchange of India's new initiative for small and medium-sized enterprises and startup companies from India. [3] These companies can get listed on NSE without Initial public offering (IPO). This platform helps SMEs and Startups to connect with investors for funding. [4] During August 2019, NSE got the 200th company listed on its SME platform. [1]

Contents

Since FY13, 200 companies were listed, raising Rs 3,136 crore collectively on the platform. [5] The First company listed on the SME IPO platform was Thejo Engineering from Chennai [6] and Wonder Fibromats was the 200th firm [7] to be listed on the platform.

SME IPO

SME IPO is specially designed for SMEs and Startups to raise a capital with minimum compliance and cost compare to regular IPO. In case of NSE EMERGE, companies need to take an approval from board, not SEBI.

Many companies have shifted to main board from SME platform, which shows the success of the SME exchange by NSE. [5]

List of the Companies with SME IPO

Since FY 2013, Following companies did SME IPO on National Stock Exchange of India's NSE EMERGE. [8] [9]

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References

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  4. "Raising capital: Why SME IPO may be a good choice for small businesses". The Economic Times. 10 June 2019. Retrieved 7 October 2019.
  5. 1 2 Das, Saikat; Burugula, Pavan (22 August 2019). "Listed SMEs 'emerge' on the main board of NSE". The Economic Times. Retrieved 7 October 2019.
  6. "NSE launches SME exchange with first listing- Business News". businesstoday.in. Retrieved 7 October 2019.
  7. Laskar, Anirudh (22 August 2019). "NSE gets 200th company listed on its SME platform". Mint. Retrieved 7 October 2019.
  8. "NSE SME Share Price, Quote, Rate and NSE Emerge Share List". chittorgarh.com. Retrieved 7 October 2019.
  9. "NSE – National Stock Exchange of India Ltd". nseindia.com. Retrieved 7 October 2019.