【文章內(nèi)容簡介】 funds raised by 57 panies – 532 Crores ? Total Market Capitalisation7500 Crores ? Number of Market Makers registered with BSE SME – 932 ? SME IPO index launched on 14th December 2020 with 100 as base (Value as on 27th June 2020 –932) ? Institutional Trading Platform Launched on 11th February 2020, 27Applications received for listing, 7 Companies got listed. ? Research reports are being published once the pany gets listed Statistics 20 21 Sectoral Distribution of the panies 12% 12% 6% 6% 15% 3% 6% 6% 12% 6% 6% 6% 3% Food Processing and AgriculturalProductsFinancial ServicesTextiles Apparels amp。 AccessoriesConstruction and EngineeringHealthcareDistribution amp。 TradingRealEstateOthersAdvisory ServicesIT and TechnologyMovies and EntertainmentTransportation amp。 Logistics Institutional Trading PlatformIntroduction F. SEBI has notified the guideline on ITP on 8th October,2020 and came out with the circular on 24th October, 2020 Applicability (106 W) ? Apply to small and medium enterprises which do not have their securities listed on any recognised stock exchange and which seek listing of their specified securities exclusively on the ITP Definition(106 X) ? Institutional Trading Platform means the trading platform in SME for Listing and trading of Specified Securities of Small and Medium Enterprises for Informed Investors ? “Small and Medium enterprise means a public pany including startup pany, that plies with all the eligibility conditions specified in regulation 106Y.” Introduction BSESME Institutional Trading Platform Eligibility CriteriaInstitutional Trading Platform G. A Small and medium enterprise shall be eligible for listing of its securities on the institutional trading platform, if it satisfies the following: ? The pany, its promoter, group pany or director does not appear in the willful defaulters list of Reserve Bank of India as maintained by Credit Information Bureau (India) Limited(CIBIL). ? There is no winding up petition against the pany that has been admitted by a petent court. ? The pany, group panies or subsidiaries have not been referred to the Board for Industrial and Financial Reconstruction within a period of five years prior to the date of application for listing. ? No regulatory action has been taken against the pany, its promoter or director, by the Board, Reserve Bank of India, Insurance Regulatory and Development Authority or Ministry of Corporate Affairs within a period of five years prior to the date of application for listing。 Eligibility Criteria(106 Y) BSESME Institutional Trading Platform ? the pany has not pleted a period of more than ten years after incorporation and its revenues have not exceeded one hundred crore rupees in any of the previous financial years。 ? the paid up capital of the pany has not exceeded twenty five crore rupees in any of the previous financial years。 ? the pany has atleast one full year’s audited financial statements, for the immediately preceding financial year at the time of making listing application。 Any one of the following criteria: 1. Atleast one alternative investment fund, venture capital fund or other category of investors/lenders approved by the Board has invested a minimum amount of fifty lakh rupees in equity shares of the pany, or 2. Atleast one angel investor who is a member of an association/group of angel investors which fulfils the criteria laid down by the recognised stock exchange, has invested a minimum amount of fifty lakh rupees in the equity shares of the pany through such association/group. Eligibility Crite