NSE EMERGE explained

NSE EMERGE
Type:Stock exchange
City:Mumbai
Country:India
Foundation:2012
Owner:National Stock Exchange of India Limited
Currency:Indian rupee
Listings:200 (Sept 2019)[1]

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.[5] As of 30 September 2024, 556 companies had listed on the Emerge platform, raising approximately INR 14,145 crore collectively. [6] The First company listed on the SME IPO platform was Thejo Engineering from Chennai[7] and Prizor Viztech was the 500th firm[8] 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.[9]

List of the Companies with SME IPO

Since FY 2013, Following companies did SME IPO on National Stock Exchange of India's NSE EMERGE.[10] [11]

Notes and References

  1. Web site: MSMEs Should List on National Stock Exchange For Better Capital Access: Nitin Gadkari. 2019-09-30. Inc42 Media. en-US. 2019-10-07.
  2. Web site: NSE – National Stock Exchange of India Ltd.. nseindia.com. 2019-10-07.
  3. Web site: What is SME IPO in India?. chittorgarh.com. en-US. 2019-10-07.
  4. News: Raising capital: Why SME IPO may be a good choice for small businesses. 2019-06-10. The Economic Times. 2019-10-07.
  5. Web site: MSMEs Should List on National Stock Exchange For Better Capital Access: Nitin Gadkari. 2019-09-30. Inc42 Media. en-US. 2019-10-07.
  6. Web site: NSE Emerge Platform Listing Norms and NSE Emerge Index. 2024-11-07. IPO Central. en-US.
  7. Web site: NSE launches SME exchange with first listing- Business News. businesstoday.in. 2019-10-07.
  8. Web site: NSE Emerge Platform Listing Norms and NSE Emerge Index. 2024-11-07. IPO Central. en.
  9. News: Listed SMEs 'emerge' on the main board of NSE. Das. Saikat. 2019-08-22. The Economic Times. 2019-10-07. Burugula. Pavan.
  10. Web site: NSE SME Share Price, Quote, Rate and NSE Emerge Share List. chittorgarh.com. en-US. 2019-10-07.
  11. Web site: NSE – National Stock Exchange of India Ltd.. nseindia.com. 2019-10-07.