SME Times is powered by   
Search News
Just in:   • Back series GDP data not official estimates: Statistics Ministry  • Greece bailout ends, Grexit avoided  • GST implementation an example of tax terrorism: Chidambaram  • Apple's Amsterdam store closed after iPad battery explosion  • Snapchat's new redesign for Android in testing phase 
Last updated: 27 Jul, 2017  

sidbi-logoTHMB.jpg Merchant banking operations to enhance access of SMEs to capital markets: SIDBI

Sidbi..9.jpg
   Top Stories
» Exports growth continues to recede: FIEO chief
» World Entrepreneurs' Day on Tuesday, Aug 21
» Rupee closes below the 70-mark, exporters may benefit: Experts
» Forex reserves plunges by over $1.80 bn on rupee crisis
» 'Unorganised food processing sector majorly populated by SMEs'
SME Times News Bureau | 27 Jul, 2017
To help micro, small and medium enterprises (MSMEs) can raise funds from capital markets, the Small Industries Development Bank of India (SIDBI) has started fully fledged merchant banking operations, informed media.

"The initiative would enhance access of MSMEs to capital markets including SME trading platform and institutional trading platform," said SIDBI.

The financial institution has supported over 125 venture capital funds, and its merchant banking operations would help listing the investee companies in SME exchanges.

SIDBI by virtue of direct credit assistance for nearly two decades has a good number of MSMEs which would like to list in the SME exchanges.

"It is this strength that SIDBI would like to utilise by connecting the right investment opportunity to the funds and also would like to help these funds with exit opportunities at attractive valuations," the bank's deputy managing director, Ajay K Kapur said.

He said significant increase in number of venture funds active in startups/ MSME space in past two years will create large pipe of fast growing companies seeking public markets.

This will prove beneficial to the SME exchange as well as investors seeking liquidity or exit, he added.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 20 Aug, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(5)
» Niryat Mitra, a well thought-out app(2)
» Export Promotion Councils should work for promotion of GI Products: Prabhu(1)
» Indian cement industry – opportunities and challenges(1)
» Audi CEO to remain in German police custody(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter