106th Day Of Lockdown

Maharashtra2237241231929448 Tamil Nadu118594711161636 Delhi102831742173165 Gujarat37636267441978 Uttar Pradesh2996819627313 Telangana2761216287313 Karnataka2681511100417 West Bengal2383715790804 Rajasthan2140416575472 Andhra Pradesh211979745252 Haryana1799913645279 Madhya Pradesh1562711768622 Bihar12525933898 Assam12523833016 Odisha10097670354 Jammu and Kashmir89315399143 Punjab67494554175 Kerala5895345228 Chhatisgarh3415272814 Uttarakhand3230262143 Jharkhand3018210422 Goa190311568 Tripura171612481 Manipur14307710 Himachal Pradesh107876410 Puducherry104351714 Nagaland6443030 Chandigarh4924017 Arunachal Pradesh270922 Mizoram1971390 Sikkim125650 Meghalaya94432
Business Companies 18 Jul 2019 BSE, Haryana governm ...

BSE, Haryana government sign pact to facilitate MSMEs raise capital

PTI
Published Jul 18, 2019, 5:59 pm IST
Updated Jul 18, 2019, 6:01 pm IST
By getting listed on the BSE's SME platform, the enterprises will get equity financing opportunities.
By getting listed on the BSE's SME platform, the enterprises will get equity financing opportunities to grow their business from expansion to acquisition, it said.
 By getting listed on the BSE's SME platform, the enterprises will get equity financing opportunities to grow their business from expansion to acquisition, it said.

New Delhi: Leading stock exchange BSE on Thursday said it has inked a pact with Haryana government to encourage and support state's micro, small and medium enterprises (MSMEs) to raise capital.

"The Government of Haryana and BSE intend to facilitate SMEs in raising funds through BSE's dedicated platform for SME's -- BSE SME -- where small companies can list and raise productive capital, gain visibility and credibility vis-a-vis large corporates," the bourse said in a release.

 

By getting listed on the BSE's SME platform, the enterprises will get equity financing opportunities to grow their business from expansion to acquisition, it said.

Besides, listing expands the investor base, which in turn helps in getting secondary equity financing, including private placement, among others, the release added.

"With more than 1,00,000 operational MSMEs, it is also one of the major employment providing sectors in the state. One of the various challenges MSMEs face is limited access to finance which increase their dependence on debt capital resulting in distorted capital structures and stifled cash flows.

Through this association, we aim to provide a conducive ecosystem for the SMEs to raise capital, grow and flourish," BSE CEO and MD Ashish Kumar Chauhan said.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT