Meesho, BSE Launch Project Shikhar for SME Listings

Meesho and the Bombay Stock Exchange (BSE) launched Project Shikhar on 2 June 2026 through a Memorandum of Understanding (MoU). The initiative is linked to the BSE SME platform and is designed for Micro, Small, and Medium Enterprises (MSMEs) and digital businesses that seek public listing.

Project Shikhar and SME Listing

Project Shikhar focuses on identifying high-performing independent e-commerce sellers for possible listing on the BSE SME platform. The programme includes entity conversion, compliance tracking, and regulatory positioning for businesses that move towards a public issue.

BSE SME Platform

The BSE SME platform is a dedicated market segment of the Bombay Stock Exchange for small and medium enterprises. It provides a listing route for businesses that meet the eligibility norms prescribed for SME public issues in India.

MSMEs and Growth Capital

MSMEs in India are classified under the Micro, Small and Medium Enterprises Development Act, 2006. The sector includes enterprises engaged in manufacturing, services, and trading, and it often uses equity markets, bank credit, and venture funding for expansion capital.

Important Facts for Exams

• The Bombay Stock Exchange was established in 1875 and is one of Asia’s oldest stock exchanges.
• The BSE SME platform was created to support small and medium enterprises through capital market access.
• MSMEs are classified in India under the Micro, Small and Medium Enterprises Development Act, 2006.
• Memorandum of Understanding is a formal agreement used to define cooperation between two entities.

Retail Commerce and Informal Sector

India’s retail commerce includes a large informal and unorganised segment that consists of small traders, sellers, and digital-first businesses. Public listing on an SME platform can be used by eligible firms that meet disclosure, compliance, and financial requirements.