Head
SME & Startup, BSE Limited.
Mumbai, Maharashtra, India
A professional with around 26 years of experience in Capital Market spanning India’s biggest Custodian to India’s biggest and largest Stock Exchange. The key roles have been setting up the depository by the regional stock exchange, developing derivatives and equity market and setting up SME and Start up Platform. He is the Executive Committee Member of Indian Merchant Chamber, Jury Member of India SME Forum and Member of Advisory Committee of GLA University.
In his career of 26 years he has worked in various capacity with organizations viz. Stock Holding Corporation of India, Vadodara Stock Exchange and BSE.
He joined BSEin December 1996 as Head – Arbitration and Business Development. He wasinstrumental in developing the derivatives segment of BSE and also actively involved in opening of regional centers across the country. Presently as Head - BSE SME and Start up, responsible for the development of these segments of BSE.
He is credited for launching the first ever SME Platform and Startup Platform in India on 13thMarch, 2012 and 22 December, 2018 respectively. BSE today is the largest SME Platform in India with 325 companies listed and 55 companies are in pipeline. These 325 companies listed represent 17 sectors which has raised an amount of Rs.3340.36 crores with market capitalization of Rs. 18,528.71 crores. BSE has got 5 Startups listed in its Startup Platform which has raised 22.24 crores with market capitalization Rs 82.71 crores. There are another 5 Startups which are in pipeline to get listed. The success of these platforms has been recognized and appreciated by national and international organizations.
In one of the annual issues of 2013, Asian Development Bank (ADB) has appreciated the effort of BSE SME for promoting SME listing in India. IOSCO also in its research report of July 2015 mentioned that BSE SME platform is the most cost effective platform for SME listing in the World. BSE SME has received SKOCH achiever award from the hands of then, Minister of State for finance Shri Jayant Sinha in the year 2015. BSE has been also awarded as the best SME exchange in India by Shri Kalraj Mishra, then Minister for MSME in 2016 and from SP Jain Institute of Management and Research as CHANGE AGENT in the year 2018. Mr. Ajay thakur is also on various committees viz, India SME Forum and CII MSME Committee.
BSE has signed MOU with various State Government viz Government of Uttar Pradesh, Government of West Bengal and Government of Haryana to create awareness about BSE SME and Startups Platform. BSE has also signed MOU with HDFC Bank and IIT Alumni Council to create awareness about BSE Startup Platform.