| BSE enables Ludhiana SMEs Catapult to the Big League
Every SME has a dream, a dream to join the Big League, for which funding is critical, as the ability to raise equity capital influences the pace and the path of growth. SME Forum of Ludhiana Management Organisation organised a Panel Discussion to discuss the rationale and also the process for listing on the BSE-SME Exchange.The honorable guest was introduced by the Convenor SME Forum Baldev Singh.
Tracing the History of BSE-SME Exchange Ajay Thakur, Head shared that the exchange since its launch in March 2012 has provided an opportunity to 224 SMEs to raise Rs. 1834 crores. for growth and expansion. Member SMEs belonged to a wide range of sectors like logistics services, media, automotive components, pharma, infrastructure and hospitality, among others. Thakur further emphasised that listing on the SME platform of BSE enables an SME to unlock the intrinsic value of the company, create a powerful brand, enhance visibility and build trust amongst the investing community. He advised the Ludhiana SMEs to join the bandwagon, as they were expecting more than 100 SMEs to list on the SME exchange in 2018 only. . Munish Bansal, a respected Merchant Banker explained the 5Ps i.e Planning, process. Preparation, public offering & post listing for creating an impact on the BSE-SME exchange.
Ajit Lakra, Chairman LMA-SME Forum proposed a Vote of Thanks to the distinguished panellists with the hope that SMEs of the city would explore multiple benefits offered by the SME Exchange for catapulting to the Big League. Kamal Wadhera, President LMA, Dr. Sandip Kapur also spoke during the Seminar