CHENNAI, APRIL 5, 2014 : The market capitalisation of companies listed on the BSE SME platform exceeded $1-billion mark on Friday, the exchange said in a release. The average market cap of 55 listed companies stands at Rs.100 crore a company, which is similar to the main board companies, said the BSE. Fourteen companies are in the process of listing on the BSE SME platform, it added. According to the Managing Director and CEO of BSE Ashish Chauhan, the exchange will continue to strive to help Indian SME and large-cap companies to raise funds with its innovative and market leading e-IPO platform as well as the fastest trading system with 200 micro seconds response time.
