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Ajay thakur
No More Euphoria As Investors Are Becoming Realistic In SME Counter
The number of IPOs on SME Platforms of Exchanges have been declining for some time now. Investors are not showing much of the interest especially in QIB categories. Ditto: HNIs and Retail category investors. Merchant Bankers even after getting the approval want to be fully sure about the success of the public issue and therefore there is delay in opening the issue. It has been also observed that on the day of listing there is huge selling happening which is creating downward pressure on the price of the stocks. Recently few companies got listed at discount to the IPO price and this is further keeping the investors away from the primary market. According to Ajay Thakur, the brain behind BSE SME Exchange, who has now set up his own outfit TGI SME Capital Advisors, “In the first six months of the current calendar year SME Platforms have observed lacklustre performance as response from all categories of investors were lukewarm. However, from last week of June things have started looking up. Most of the SME companies are getting listed at a premium and naturally there is heavy selling on the day of listing. But, the good development is that one is not seeing the euphoria like we saw in 2024. This indicates that Investors are maturing and the expectations are reasonable. Greed is the biggest killer for everyone whether investors or intermediaries or anyone. Intermediaries also need to do proper due diligence before SME companies can tap the capital market.  
Ajay thakur
BSE SME Head Ajay Thakur Puts In His Papers
The man who single-handedly built the BSE SME Platform over the last one decade has put in his papers. A diehard workaholic Ajay Thakur, is responsible for starting and making SME Exchange and Startup Platform successful in India. Today his name has become synonymous with SMEs. Even though BSE is a century old Brand but when it came to promoting the SME platform, the task Thakur was entrusted in 2010, it was not exactly a cakewalk. MSME promoters were not keen to list on this platform. He nearly personally met 35,000 SMEs from all over the country in the last 12 years trying to convince them, created an ecosystem of merchant bankers and other intermediaries before his passion, conviction and dream began to bear fruit.  Today, BSE is the largest and most successful SME Platform in India with 491 companies listed and another 125 companies in the pipeline. These 491 companies have raised an amount of Rs 6,397 crore and have market capitalization of approximately Rs 140,000 crore. Seeing the success of BSE SME even NSE has got into the play. Under Thakur’s leadership, BSE has conducted 2500 physical seminars and 500 webinars across the country to create awareness among SMEs and Start-ups about the benefits of equity funding and listing on the SME and Startup Platforms of BSE.

TRENDS & VIEWS

Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.