Exclusive Stock Exchange for SME coming shortly

After the approval of SEBI in May 2011, both Bombay Stock Exchange and National Stock Exchange are soon going to launch the SME Stock Exchange Platform. A Country like India where SME are playing a greater role in the Economy it will provide an excellent Platform to tap Monet from the Public for their business Growth. Presently in the two leading stock Exchange SME are not finding them self level playing field due to which the always shy away from Capital Market. It is expected that as early as by March 2012 this will be live. It is expected that as many as 500 SME are waiting to get them listed in this platform in the next three years. The basis criteria for listing will be at least 50 investor and minimum post issue capital needs to be INR 50Lakhs. In India there exist as many as 30 Million SME and the number is growing very speedily. Many of these SME has already got themselves Credit rated from leading Stock Exchanges to attract Investors confidence