Monday 22 January 2018

BSE -Share India conduct SME Program in Chandigarh

Introduction to BSE SME Platform, Initiative for raising equity capital for SMEs


Share India Securities Ltd, a leading knowledge and technology driven stock broker, in association with Bombay
Stock Exchange (BSE), conducted a SME focused programme to encourage, educate and familiarise the small
and medium companies about raising funds for growth through IPO route and listing on BSE SME platform.  

Chief Guest Mr R. S. Sachdeva, Chairman, Punjab Committee, PHD Chamber, MD Hi Tech Industries Ltd,
guest of honour Mr. Ajay Thakur, Head, BSE SMEgraced the occasion along with MrSachin Gupta, Managing
Director, Share India Securities Ltd and MrAbhinav Gupta, Vice President, Share India Securities whomade
presentation on SME Primary Market Platform, listing process and criteria, opportunities and addressed the
audience.

Commenting of the initiative Mr Sachin Gupta, Managing Director, Share India Securities Ltd said,
“Getting a company listed is a significant milestone for an entrepreneur and the pinnacle of his entrepreneurial
journey.Listing provides credibility which is very important for successful business and corporate reputation.
The ability to raise funds, greater visibility, enhancing credibility, and increased discipline are just some of the
key benefits. You need to ensure profitability, consistency, and ensure all corporate governance practices are in
place within the firm before you can take it public. The process involves detailed scrutiny of each and every
aspect of the company. Therefore, a listing is almost a validation – you are publicly disclosing that the company
is going in the right direction”

“SME is a capital-starved sector and needs huge capital to strengthenitself.The access to equity capital has
certainly been one of the strong points which is why you are seeing a very robust pipeline of SME IPOs.
The awareness created in the market about growth opportunity in these companies is attracting investors.
The change has been phenomenal. Earlier, SMEs had to perennially be dependent on debt for their funds
requirements.Access to equity capital is a game changer for the growth of the SMEs in the country.SMEs need
to realize and understand the importance of equity capital andembrace the idea of raising funds through IPO
route. We as a leading stock broker and market participant are taking lead in creating awareness and expanding
our operations to take care of SME sector growth opportunities and working towards helpingSME corporates
to raise funds through this platform”said Mr Gupta.

Mr. Ajay Thakur, Head, BSE SME saidThe equity culture is not strong in many regions, smaller cities and
towns. We are trying to convince promoters through our aggressive campaigns to use SME IPO route to fund
growth.BSE SME which is the largest and fastest growing SME Platform in India, has helped 217 SME
companies raise funds and these SMEs have really got benefited from this platform. We are encouraging
more SMEs to come out with IPO which is a great source of funds. This is also a good gateway for eventually
getting listed on the main platform of the stock exchanges as 41 listed SMEs have also moved to main
Exchanges because of their growth in the last couple of years”

“Indian SMEsector has emerged as a highly vibrant and dynamic sector of the Indian economy over the
past few years. SMEs not only play crucial role in providing large employment opportunities at comparatively
lower capital cost than large industries but also help in industrialization of rural areas.
 With the Indian economy expected to emerge as one of the leading economies in the world and likely to
become a $5 trillion economy by 2025, major impetus is being given to strengthen the backbone of our
economy - the SME sector.” Mr. Thakur added.



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