Home General News Startups can now get listed on the BSE under its SME segment

Startups can now get listed on the BSE under its SME segment

The Bombay Stock Exchange, Asia’s first stock exchange, has announced that it would be creating a new division within its SME segment for listing startups and new age companies.

The exchange would list companies in industries like biotechnology, IT, ITeS and life sciences, 3D printing, e-commerce, and space technology.

The companies into nanotechnologies, hi-tech defense,  big data, drones, artificial intelligence, e-gaming, robotics among other would get listed into BSE.

As per the criteria from the BSE, the company which would want to list itself should be  registered as a startup with the Ministry of Micro, Department of Industrial Policy & Promotion or Small & Medium Enterprises (SME)

The paid-up capital willing to register should have a paid-up capital of minimum ₹1 crore or 1,41,640 USD

The other criteria are that the company should be in existence for a minimum of two years and also have a positive net worth.

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