‘Gearing up for MSMEs IPO’ signed by MSME Bharat Manch and Enqube Collaborations
Together, MSME Bharat Manch and Enqube Collaborations organized the first series of National Workshops with the theme “Gearing up for MSMEs IPO.” MSME Bharat Manch is a nationwide initiative of RupeeBoss Financial Serivces Pvt Ltd.
This was a first-of-its-kind workshop that featured real lessons learned and significant takeaways from industry veterans with expertise in MSMEs as well as successful MSME IPO promoters.
MSMEs, which account for over 40% of all employment and 30% of the nation’s GDP, or about 110 million workers, are regarded as the foundation of the economy.
As stated by Mr. PN Shetty, President of MSME Bharat Manch, this emphasizes the significance of assisting MSMEs and fostering their growth, not only for their own advantages but also for the overall economic development of the nation.
The workshop aimed to offer insightful information about the Initial Public Offering (IPO) process and its advantages to businesses, especially to Micro, Small, and Medium Enterprises (MSMEs), including the benefits and drawbacks of going public, the procedures involved in preparing for an IPO, and a variety of related topics.
Numerous senior officials from the Bombay Stock Exchange, along with other business leaders and industry experts, shared their experiences and insights on how MSMEs can profit from the IPO process during the workshop.
Owners of MSME businesses also had the chance to speak with the speakers.
As of April 17, 2023, there were 432 companies listed on the BSE SME Platform, which raised a total of 64,708.92 billion rupees in market capitalization. With a market share of more than 60%, BSE dominates this industry.
Mr. Ajay Thakur, Head, BSE SME & Startup, Mr. Manish Shah, Managing Director & CEO of Godrej Capital, and Mr. Anant Singhania, President-IMC Chamber of Commerce & CEO of JK Enterprises, were the Special Chief Guests who shared their insightful opinions on the growth of MSMEs and the ecosystem that MSME Bharat Manch has developed for the upliftment of MSMEs throughout India.
The National Workshop was successfully organized thanks to the efforts of Mr. NB Shetty, Chairman of RupeeBoss Financial Services Pvt Ltd, Mr. PN Shetty, President of MSME Bharat Manch, Dr. Narendra Mairpady, Former Chairman & MD of Enqube Collaborations, and Dr. G. Rameshkumar, Director General of MSME Bharat Manch.
India is growing extremely quickly, according to M.Q. Sayed, chairman and managing director of Exhicon Group of Companies, and IPOs are helping the nation generate capital.
Rupeeboss Financial Services Pvt Ltd is a national distributor for Retail and MSME Secured & Unsecured Business Loan products, and it represents more than 100+ Private, PSU, MNC, and NBFC banks in the nation. To date, it has aided more than 13000 MSME and Retail customers.
MSMEs across India can register on the www.msmebharatmanch.com portal and download the MSME Bharat Manch mobile application for iOS or Android to learn more about the services provided in addition to MSME government schemes and subsidies.
Mr Anant Singhania said “Unlock the power of ambition and global reach. MSMEs, dare to dream big and go global. With a strategic vision, unwavering determination, and a strong value proposition, you can break barriers and transcend borders. And as you gear up for an IPO, remember that it’s not just about accessing capital—it’s about signaling your potential, gaining credibility, and igniting the spark that propels your growth to new heights. Embrace the opportunity, seize the moment, and let your success resonate worldwide”.
