DOES ACCESS TO STOCK MARKET IMPACT THE FINANCIAL PERFORMANCE OF SMALL ENTERPRISES? EVIDENCE FROM SMES LISTED IN BOMBAY STOCK EXCHANGE

SMEsare the backbone of any country asthey grow at grass root level which increase earnings and reduce unemployment problem too.It is one dynamic most vibrant sectors Indian economy. Over last few decades, SMEs have played a crucial role in mobilising local resources effectively. However, among many difficulties, access to finance widely recognized as main hurdles growth development path SMEs. After 2012, are allowed float their shares through stock exchanges i.e., NSE EMERGE BSE SME. The present paperattempts study impact market accessibility by on various parameters financial performance.In this paper, we tried whether getting listed exchange improved performance selected or not. For purpose, considered SME units who issued IPOs during year 2015 economic enterprises measured with help ROA, ROE, NPM, CR, DE EPS. We found that did not improve