SME IPO related FAQs

Briefly explain the history of SME IPO or SME platform in India.

We witnessed the formation of Over The Counter Exchange of India in mid 1990's. It was also known as OTCEI back then. We also witnessed the premature death of this exchange, as it failed to get the necessary support at the time. The concept was already in place long before that.

Jan. 2010, the Prime Minister's Task Force recommended that a special Stock Exchange/ Platform be established for SMEs. SEBI also established the rules for governance of the SME Platform. The Bombay Stock Exchange has established EMERGE and BSE SME Platform respectively. Stock Exchanges continue to work towards making the platform more suitable for companies looking to grow from small businesses by raising capital from Capital Market.

We now have SME platform, which works on the new concept screen-based trading. BSE launched India's first SME platform in 2012, and it has 120 scrip on its books in the last three years (till 31.12.15). NSE also followed in the BSE's footsteps, but only a handful of scrip are listed.

SME IPOs are more rewarding than main boards after listing. This has helped corporate to move to the main board following maiden listing on SME platform. Thus, this segment is attracting a lot of attention across the board.

What is the meaning of SME IPO in India ? What are some criteria about it ?

What does SME exchange mean?

Distinguish between mainline IPO & SME IPO.

To get listed on SME exchange , what are the requirements?

Is there any listing fee for SME platform?

Onn SME Platform, what is the annual Maintenance charge?

By listing onn BSE SME , What will be the capital gain tax benefits?

Can the companies which are suspended be allowed to be listed on SME exchange?

For SME IPOs , how to check the bidding details?

For retail & HNI category what is the minimum lot size for applying in SME IPO?

Who can apply for SME IPO and how ?

Can SME stock listed on BSE \ NSE ?

Can a person with same demat account apply for multiple IPOs ?

Can a retail investor apply on SME IPO ?

Is investment in SME IPO through ASBA possible ?