Insurance penetration in SME sector is very low, so it offers high potential for growth. At present, contribution from this key sector to ICICI Lombard’s business mix is not significant
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Tag: IPO
IPO trends: Gujarat SMEs lead the pack in raising funds through listings
31 out of 72 SME IPOs in 2017 so far are from Gujarat, having managed to raise Rs 373.47 crore fund
Maharashtra takes up the second spot while Rajashtan and Madhya Pradesh share the third
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SME IPOs raise whopping Rs 660 cr in first half itself of 2017
Small and medium enterprises (SMEs) have raised a staggering Rs 660 crore through initial public offerings (IPOs) in the first half of 2017, more than three-fold jump from the preceding year’s same period. The huge fund-raising can be attributed to reforms and initiatives taken by the government …
BSE SME IPO index surges 53%, outperforms broader market
Mumbai: Shares of companies that listed in the one year ending 2 June on the BSE’s platform for small and medium enterprises (SMEs) have gained more than those that listed on the main exchange, data shows. The S&P BSE SME IPO index gained 52.85% in the year ending 2 June while the BSE IPO ind…
IPO: BSE SME एक्सचेंज ने 53 % की ग्रोथ के साथ मुख्य बोर्ड को पीछे छोड़ा
बॉम्बे स्टॉक एक्सचेंज के एसएमई प्लेटफार्म पर आईपीओ इंडेक्स घटकों ने पिछले एक साल की अवधि में मुख्य एक्सचेंज में सूचीबद्ध कंपनियों के मुकाबले ज्यादा कमाया है। आईआईएफ़एल की एक ख़बर के अनुसार 2 जून को साल की समाप्ती पर बीएसई एसएमई आईपीओ इंडेक्स में 53% का उछाल देखा गया है। वहीं बीएसई आईपीओ इंडेक्स [&h…
BSE ने ब्रोकिंग और माइक्रोफाइनेंस कंपनियों को SME प्ले्टफॉर्म पर लिस्टिंग की इजाजत दी
बंबई स्टॉक एक्सचेंज (BSE) ने ब्रोकिंग और माइक्रोफाइनेंस कंपनियों को अपने SME प्लेटफॉर्म पर लिस्टिंग की इजाजत दे दी है। BSE के इस कदम से ऐसी कंपनियां भी IPO मार्ग का लाभ उठाने के लिए प्रोत्साहित होंगी। नए नियमों से इन कंपनियों की पूंजी तक पहुंच आसान हो जाएगी और उनकी गतिविधियां और बढ़ेंगी। उनके…
BSE allows broking, microfinance firms to list on SME platform
New Delhi: Leading stock exchange BSE has allowed broking and microfinance companies to get listed on its small and medium enterprise (SME) platform, a move that will encourage such entities to tap the IPO route. The new norms will provide these companies easy access to capital, enhanced visibili…
Small funds to complain on IPO allotment to Sebi
Smaller fund houses want a change in the rules on allocation in Initial Public Offers (IPOs) of equity. Some of them say preference in the anchor investor portion is given mostly to larger entities. Those not among the top 15 rarely get any. The issue is to be raised on April 25 with the markets …
Infobeans Tech IPO subscribed 31 times; mops up Rs 1,100 cr
The initial public offer of Indore-based Infobeans Technologies has garnered a whopping subscription of Rs 1,100 crore, making it one of the highest mop-ups in share sale by a small and medium enterprise (SME). The company received bids for 19 crore scrips against the total issue size of 63.48 la…
SMEs strike gold; eight IPOs oversubscribed over 20 times
Ahmedabad: Once seen struggling to raise funds, small and medium enterprises (SMEs) are fast becoming darling of investors. The growing investor confidence in SME initial public offerings (IPOs) is evident from the fact that eight such IPOs have been oversubscribed 20 times or more since January …