SME sector is the backbone of Indian business and economy. It provides the critical depth to the manufacturing and service sectors, foster entrepreneurship and generate substantial employment. Close to 45 per cent of the total manufacturing output and 40 per cent of the country’s exports is contr…
Tag: Bombay Stock Exchange (BSE)
Bullish sentiment: NMC BSE SME IPO over subscribed record 12 times
Nagpur: The Initial Public Offer (IPO) of Rs 2.96 crore by city-based M/s DRA Consultancy, on whose model Nagpur Municipal Corporation (NMC) came up with the 24X7 water supply system, has been oversubscribed 12 times. The company has raised capital through the Small and Medium Enterprises (SME) s…
SME stocks performance improved after migration to the main board
Small and Medium Enterprises (SMEs) have seen their stocks performing way better and giving better returns to investors after they migrated to the main board from SME platform of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As on date, 19 companies have shifted to BSE and NS…