In 3 months, 21 MSMEs may list on BSE's SME platform; most from West Bengal

Listing helps such small companies gain investor confidence faster owing to more transparent filing norms

In the next three months, 21 companies from the micro, small and medium enterprises (MSME) sector are poised to be listed on the BSE's small and medium enterprises (SME) platform. 

Of this, West Bengal's MSMEs would account for nearly half the listings on the exchange.   

Ajay Thakur, head of the BSE SME platform, said that such companies from certain states like Bengal have traditionally relied on bank loans, borrowings from individual lenders and own capital to fund growth or meet their working capital needs.

"This is changing now. Out of the 259 companies which are listed on the SME platform, 18 are