Home Page > Finance > Stock Market > SME (Small and Medium Enterprises) Platform – New Trading Exchange for SME

SME (Small and Medium Enterprises) Platform

New Trading Exchange For SME
By: Prakash - Stock Market - September 21, 2011
sme small and medium enterprises platform new trading exchangefor sme

Launch of SME (Small and Medium Enterprises) Platform by both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) will be next big development in the Capital Markets. Government of India is keenly looking forward for SME (Small and Medium Enterprises) Platform as SME contribute 8 per cent to India’s GDP and also the largest generator of employment in the economy. So, providing capital to these SME (Small and Medium Enterprises) is one of the top priorities of the government’s agenda.

Regulations are in place, infrastructure is ready and both exchanges, BSE and NSE, are waiting for the final regulatory nod. These exchanges are already started wooing the companies to list/mitigate to this new Small and Medium Enterprises platform.

Rules:

  1. Company issue size with paid-up Capital of less than Rs.10 crore can list on the SME (Small and Medium Enterprises) Platform
  2. Companies with capital exceeding 25 crore should list on the main exchange and will not be allowed in SME (Small and Medium Enterprises) Platform
  3. Companies have an option to either list in Main exchange or in SME (Small and Medium Enterprises) Platform if the post-issue capital ranges between 10 crore and 25 crore.

Relaxations:

  1. SEBI (Securites and Exchange board of India) shall not issue any observation on the offer document and the responsibility falls on Merchant Banker to make sure that the information in the offer document is accurate and NOT misleading.
  2. Companies need to disclose half-yearly financial results and not required to send annual reports to every shareholder. (Annual reports can be displayed on company’s website)
  3. Minimum application value in IPO (Initial Public Offering) is Rs.1 Lakh
  4. Minimum number of allottees in an issue is 50
  5. Minimum trading lot size is Rs.1 Lakh
  6. Merchant bankers to the issue must ensure that the issue is fully underwritten and they are required to subscribe to 15 per cent of the issue themselves.
  7. Merchant bankers also need to make sure that market making for the scrip for 3 years from the date of listing

Small and Medium Enterprises (SME) platform versus Main Exchange

Most of the companies prefer the main exchange instead of SME (Small and Medium Enterprises) Platform as SME find it harder to raise capital due to lower visibility and doubts about governance of corporate compared tothe companies listed in main exchanges. Even though, the regulations have given some relaxations to these SME (small and medium enterprises) in the form of reduced costs for making public issue and to reduce operating costs, companies prefer to increase their capitalto more that 10 crore and list on the main exchange. Companies don’t mind to bear higher public cost and higher compliance on the main exchanges.



Comments are closed.

  • erotic videos on hand jobs
  • husband makes wife fuck black cocks
  • free little wet pussy ass
  • girlfriend takes big black cock
  • naked college girls gone named
  • first time interracial sex and impregnation
  • young blonde amateur video
  • young russian video
  • gallery eve huge tits
  • flat chested black teens nude
  • Real giant tits
  • hardcore throatfuck tube
  • teen asian home vids
  • lesbians sex xxx hot
  • s star free video
  • buy sell wives for sex
  • Meagan good sex video
  • petite brunette rides a big cock
  • sexy black beaded dress
  • ebony pussy fucking pics
  • sex videos mature fat women
  • black panther head picture
  • kate vibe in pussy
  • hot ass young wemon pics
  • tranny with girls
  • free naked pictures of male celebrities
  • Anal sex condoms
  • dirty butt sex
  • moms who fuck anything videos
  • slutload anal interracial orgy
  • hot girls home pics
  • caviars sex videos
  • teen forced blowjob
  • hentai dickgirl sex
  • young nude girls teen
  • asian foot video
  • tiny pussy casting couch
  • old naked free pussys older better
  • lara lane petite clothes
  • free creampie facial cumshot bukkake videos
  • toying babes videos
  • teen shows off her pussy
  • naked bikini video
  • yugoslavian teen sex
  • teen lesbians in action
  • free tube mature xxx
  • sex and city movie reviews
  • pictures breasts of different races
  • adult wife threesome movies
  • women having sex with s movies
  • dark reality video
  • naked sex greedy
  • free galleries of girls in panties
  • free tattoo star pics
  • free video softcore
  • naked babe pussy
  • xxx free stream oral
  • chasey lain hardcore pics
  • next door nikki tits nude videos
  • fuck old young
  • cartton movies
  • rainforest sex video
  • naked girl friends
  • woman stripping naked at party
  • teenager girl striptease videos
  • dress sex movies
  • preparring for anal sex
  • pictures of lesbian oral sex
  • performing oral sex woman
  • free full length young
  • french beach bikini photos pictures
  • mature amatuer nude pics
  • roulette blowjob vids
  • sexchange shemale tube
  • free streaming couples
  • older women with younger guys
  • big black chicks vids
  • peachez loves to suck video download
  • free sex movies group
  • spankwire old guy young girl footjob
  • orgasm video pulsating cuming climax free
  • brazilian perfect babes pics
  • kannada honey moon couple sex video
  • mom on teen girl sex
  • wife husband sex hien
  • xxxx young bald girl cunt vidoes
  • sexy wife fucks neighbor boys
  • black sex tube teen
  • girls changing clothes together videos
  • threesome atm vid
  • girl free to download
  • hot steamy mature sex
  • young nude black ass
  • free finger licking pussy
  • play with thar pussy
  • fat hairy pussy thumbnails
  • couple sex vids amature
  • angelina jolie pussy pic
  • sexy wife shopping
  • natural platinum blonde pussy fucked
  • anal sex after abortion
  • young white teens having sex
  • sex during class videos
  • amateur home made video senior couples
  • vidoe of teen girls nude
  • free undergroun young xxx
  • sex videos woman
  • boobs press video
  • s erotic galleries
  • girl get fuck by
  • milf fingering pussy
  • lesbian orgasm galleries
  • amature holiday sex movies
  • when anal sex hurts
  • pussy lips knikers
  • household items to anal fuck
  • asian cunnilingus movies
  • pics of all black german shepherds
  • nonsexual young teen girls photos
  • redheads and interracial sex pics
  • tube gals young and mature lesbain
  • titless girls pics
  • black girls wit each other
  • Hot girls in action
  • black amateur links
  • free alyssa milano movies
  • free thumbs really young teens
  • homeade sex toys videos
  • filthy free sex vids
  • Hot asian asses
  • chicks who swallow dicks
  • teen couple oral sex
  • young teen screwing
  • young fuck fisted
  • Cum in my tight pussy
  • Most sexy girl in india
  • anime black girl
  • xxl girls pics
  • dick sucking ass shaking
  • Hot sexy vaginas
  • sexy wife drunk
  • freie mercury black white pics
  • videos of hot naked teens
  • granny slut videos
  • old men giving handjob video
  • pictures of italian mature women
  • gallery sexy girl stocking
  • kids pictures websites
  • posing naked and anal penetration
  • dailymotion asian forced lesbian
  • teen hardcore free video
  • drugged asian girl
  • free nude blonde movie galleries
  • european beauties in paradise xxx
  • pure nude teen girls
  • girl eating out pussy
  • sexy asian import car models
  • pics of black market records
  • sexy babes video getting fucked
  • amateur sites
  • sexy naked woman photos high resolution
  • Fotos de la vagina
  • Ugly naked lady
  • boy cumshots gallery video
  • girl girl action xxx
  • live video my first blowjob
  • teen nipple sucking movies
  • sharhonda black tits
  • tits pussy mom
  • tann young pussy
  • hardcore star sex videos
  • teenage girl corpse
  • khot redheaded pussy
  • Gal gadot sex scene
  • Japanese nude teen model
  • Big boobs incest
  • nude petite women oral sex
  • young teens first big dick
  • girl fucking sex tube
  • big penis small teen pussy
  • young girls abused pics
  • free movies worlds biggest boobs
  • free famous naked
  • asian teen panty thumbs
  • rough sex video websites
  • gy style postion free sex pics
  • Indian mallu boobs
  • milf black teenie
  • girls cookies and cocktails party
  • couples having sex together
  • teen fuck vids
  • big dirty asian pussy
  • pussy filled milk
  • dick in tits
  • niki manaj sex video
  • Sexy girls stripers
  • petite young tight ass
  • school boys dick
  • amateur topless video
  • Hot ass slideshow
  • wife with young boy stories
  • peanut butter and girls pussy videos
  • sexy wife photo s and video
  • fucking a goth teen pussy
  • girls hanging naked
  • cute teen fuck videos
  • Hot emo girls ass
  • sexy teen ass pics
  • womens petite blouses with pocket
  • heather mills vids free
  • free russian amateur sex
  • free lesbians forced to fuck lesbians
  • charlies suck dick
  • blonde devon movies
  • school girl anal
  • hairy teens pussy pics
  • Girl sex talk
  • video of girl fucking
  • amateur bang gang interracial video
  • Anal teen huge toy
  • lesbian japanese girls sucking boobs
  • teen anal torture on a bench
  • Horny blonde lesbian teens
  • blonde free video
  • black cock destroed wife
  • womens petite yoga wear
  • hot black young pussy
  • normal sexy wife gets fucked nightly
  • sexy teen lesbians have sex
  • petite ugly
  • petite brunette star
  • cum drinking wife pictures
  • nasty group sex
  • black on white cock galleries
  • lesbians toy pussy to pussy
  • teen sexual developement
  • sex xxx top