MUMBAI: Bombay Stock Exchange (BSE), on Monday, announced its decision to bring down its annual listing fee on the BSE
SME platforms by 25%.
The revised listing fee structure will be applicable for the existing companies as well as for all the firms awaiting to be listed on the Exchange. The fee rebate has been declared post Finance Minister
Nirmala Sitharaman’s several announcements to rescue the ailing micro, small, and medium enterprises of the country.
Ajay Thakur, Head –
BSE SME & Startups said in a statement, “Currently India is going through an unprecedented crisis caused by pandemic Covid 19. We hope that these measures along with the bold steps taken by the government will help in reviving the SMEs and also encourage thousands of SMEs to go for listing.”
Overall, there are 322 companies listed on BSE SME Platform and 79 companies, which have migrated to the main board. The 322 companies have raised Rs 3278.84 crore from the market and total market capitalization of these companies as on 17th May 2020 is Rs 15,865.39 crore. On BSE Startups platform, there are 5 firms listed that have raised Rs 19 crores from the market and total market capitalization of these companies as on 17th May 2020 is Rs 76.09 crores.