After years of tepid performance, fund raising through Initial Public Offerings (IPO) route touched a six-year high this year as more than 20 companies raised over Rs 26,000 crore from investors. According to a report in Press Trust of India (PTI), 26 companies have raised more than Rs 26,000 cro…
Tag: NSE
Majestic Research, first SME to go for follow on public offer, issue oversubscribed
Mumbai: Majestic Research Services and Solutions Ltd’s follow-on public offer (FPO) to raise up to Rs 10 crore was oversubscribed on Monday afternoon, the last day of the offer. The issue, which had opened on 28 November, was subscribed 1.16 times by 2:45pm, data from BSE showed. Majestic Researc…
How MSMEs can overcome funding & tech challenges
Access to low-cost technology and cheap funds is perhaps one of the biggest challenges faced by the nation’s small businesses. But, even as small businesses across the country go through a bad patch, lenders are willing to take on the risk and give them the support they need. Similarly, technolog…
Whopping first inning for SME Capital Markets in FY16
First Half of F.Y. 2016-17 has been proved out to be a whopping period for SME Capital Markets. In 6 months, Indian SME Bourses witnessed remarkable activities in terms of filing as well as no. of IPOs. Indian Primary Market has witnessed spectacular revival in last few months, which is not limit…
Small is beautiful: Some of the SME stocks you ignored have rallied up to 700% in 2016
A restaurant and hotel chain, a maker of decorative tubes and industrial pipes and a small and medium enterprise from (SME) in wind sector have emerged among the top five performers among the newly-listed stocks this calendar. These SME stocks on BSE managed to beat BSE debutants in the general c…
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 …
7 SME IPOs to list on NSE
It’s raining IPOs on the SME segment of India’s bourses — the NSE and the BSE. On September 30, seven IPOs on the NSE and five on the BSE are opening for subscription. The issue sizes on the NSE range from ₹3.86 crore to ₹14.80 crore. These SMEs are based out of cities such as […]
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Total count on BSE SME platform reaches 153
Radhika Jeweltech, which raised nearly Rs 50 crore through its IPO, got listed on BSE’s small and medium enterprise (SME) platform on September 27, taking the total number of such firms to 153. This was the biggest initial public offering till now on any SME platform in India. The firm came…
Six SME IPOs to hit mkts this week to mop up Rs 65 cr
Enthused over upbeat investor sentiment, as many as six small and medium enterprises (SMEs) will come out with initial public offers to raise an estimated Rs 65 crore. So far this month, seven companies have hit the capital markets. The six firms coming up with IPOs are Jet Knitwears, Nandini Cre…
Industry tie-up to facilitate listing of India’s SMEs and startups
The Metropolitan Stock Exchange of India (MSEI) and the SME Chamber of India have collaborated to provide a facility to help small and medium enterprises (SMEs) and startups access asset classes like currency derivatives, interest rate derivatives and listing. Under the initiative, SME Chamber wo…