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MoneyWorks4Me

BSE planning to list 60 companies on SME platform in FY22

11 Aug 2021 Evaluate

Bombay Stock Exchange (BSE) is planning to list some 60 companies on the SME platform this fiscal (FY22) backed by the ongoing bull run in the market and relaxation in eligibility criteria. The criteria of track record of profit had been reduced to one year infusing momentum that would lead to a jump of 50 per cent in listing on the platform.

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).