Monday 31 October 2011
NSE gets SEBI approval for SME platform
The National Stock Exchange today received formal approval from SEBI to set up a new SME platform.
NSE has been in touch with leading SME (Small and Medium Enterprises ) financing institutions, rating agencies, venture firms and a large number of SME entrepreneurs to successfully bring them together on NSEs new SME platform.
MD & CEO of NSE, Mr. Ravi Narain said We are committed to provide a credible and efficient market place for young & growing enterprises to raise capital from informed investors.
The convergence of various stakeholders and market participants is important for the success of the platform and NSE has been working intensively to make this possible.
This platform will not only make capital available to large number of companies but will also act as a catalyst for venture capital in the country as, it will provide exit opportunities to early stage risk investors.
NSE has been in touch with leading SME (Small and Medium Enterprises ) financing institutions, rating agencies, venture firms and a large number of SME entrepreneurs to successfully bring them together on NSEs new SME platform.
The convergence of various stakeholders and market participants is important for the success of the platform and NSE has been working intensively to make this possible.
This platform will not only make capital available to large number of companies but will also act as a catalyst for venture capital in the country as, it will provide exit opportunities to early stage risk investors.
