A foreign investor has participated in the public issue of a small and medium enterprise (SME) for the first time since the segment was introduced five years ago on the BSE and the NSE. The initial public offer (IPO) of Bohra Industries saw a bid from a foreign institutional investor (FII) amount…
Tag: Mahavir Lunawat
Industry honchos give a big thumbs-up to IPO Platform for SMEs at PHDCCI seminar
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…
SMEs की वित्तीय समस्याओं को कम करता है BSE SME एक्सचेंज: अजय ठाकुर, हेड, बीएसई एसएमई
भारतीय एसएमई सेक्टर भारत की अर्थव्यवस्था और व्यापारिक व्यवस्था की रीढ़ माना जाता है जो की मैन्युफैक्चरिंग और सर्विस सेक्टर को मजबूत बनाता है। एसएमई सेक्टर देश के कुल विनिर्माण उत्पादन में 45 प्रतिशत और निर्यात में 40 फीसदी का योगदान देता है। बावजूद इसके एसएमई सेक्टर को अपनी वित्तीय जरूरतों के लिए…
Small businesses lobby for rules to increase liquidity
Close to five years after the introduction of a separate segment for listing of small and medium enterprises (SMEs), market participants are now looking at ways to increase the liquidity to attract more institutional and retail investors. With critical mass being attained, market participants are…
Maheshwari Logistics SME IPO garners Rs 123 cr subscription
The initial public offer of Maheshwari Logistics has garnered a whopping subscription of Rs 123 crore, making it the second highest share sale of a small and medium enterprise (SME). The issue, which was subscribed 4.53 times of total shares offered, witnessed huge participation of both retail an…
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 IPOs catch investors’ eye, subscription multiplies
Small and medium enterprise (SME) IPO market has started to gain traction among investors, with public issues of several firms, including DRA Consultants and Sysco Industries, getting oversubscribed multiple times. Moreover, mutual funds, banks and brokerages have started showing interest in the …
SMEs’ IPO fund raising doubles to Rs 384 cr in April-Sept FY’17
Fund raising by Small and Medium Enterprises (SMEs) from initial public offerings more than doubled to Rs 384 crore in the April-September period of 2016-17 from the year-ago period. In comparison, 27 SMEs raised Rs 182 crore in the first half of the preceding financial year, 2015-16. “Indi…
SMEs raise Rs 185 cr through IPOs in FY’17
Riding on upbeat market sentiment, as many as 23 Small and Medium Enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 185 crore in the current fiscal. In comparison, 44 SMEs raised a total of Rs 290 crore in the entire last financial year (2015-16). “Indi…
SMEs to set a new high in fund raising
The number of Small and Medium Enterprises (SME) raising funds through the SME platform is set to hit a record high in 2016. Already over 30 companies have hit the street in 2016 till date with the BSE accounting for a major chunk of these issues. The BSE SME platform has seen about 25 companies …