Small to medium enterprises (SMEs) have seen high number of listings through the SME platform of the exchanges in recent times, leading to high value of funds raised through the primary markets. Prof. Subhasis Chaudhuri, Chairman, BSE believes that the exchanges and the market participants need to focus aggressively on bringing more SMEs in the capital markets to satisfy their capital requirements. Speaking at the Financial Express Modern BFSI Summit held in Mumbai, Chaudhuri said that capital through primary markets can help SMEs to transition to MSMEs (Micro, Small and Medium Enterprises) and beyond, which can help to substantially increase their contribution to GDP per capita, depending on the productivity of their sector. He also added that while some companies moving to mainboard following mainboard listing may have failed, he hopes that efforts by market regulator and exchanges to solve issues like timeline for promoter exit, along with the use of latest technology will be helpful to increase success.