New Delhi: If 260 per cent post-listing return by Radhakishan Damani-led Avenue Supermarts (D-Mart) and 220 per cent return by Shankra Buildcon have made investors richer, there is no dearth of SME listings that have proved multibaggers for investors within a short time. Data show…
Tag: Pantomath Capital Advisors
Sparks of another Street: SMEs outshine main companies
Mumbai: Companies listed on the exchange platform for smaller enterprises have outperformed those on the main board in the last one year as the stock market euphoria drove demand for the lesser-known names.While the BSE’s SME IPO Index -comprising shares that debuted on the Small and M…
At Rs 51.25 cr Euro India IPO biggest ever on SME platform
Mumbai: Surat based Euro India Fresh Foods (Euro India) completed the biggest IPO on any of the SME platforms in India with a Rs 51.25 crore offer. On Friday, the stock was listed on NSE Emerge platform at Rs 82.35 and closed at Rs 89.95. The shares were offered at Rs 78, a release from [……
MRSS India files for FPO – the 1st ever on BSE SME platform
MRSS India, Indias 1st and only listed Market Research Company has filed a Draft Red Herring Prospectus dated September 1, 2016 (DRHP) with the Securities and Exchange Board of India (SEBI) for raising up to Rs. 100 million through Further Public Offering (FPO) of equity shares subject to requisi…
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 …
State govts lend support to SME platforms
The Small and Medium Enterprises (SMEs) platforms started in early 2012 by the two national bourses, BSE and NSE, to enable smaller companies to list and raise money, have found support from some state governments. The Gujarat and Rajasthan governments have announced subsidies to pay for the expe…
Reduce minimum float for SME listing | I-Bankers
Investment bankers for SMEs (Small and Medium Enterprises) want to lower the minimum percentage of shares going public to 10 per cent of equity, from 25 per cent now. Going public is the act of listing certain number of shares on an exchange. Experts believe that, at present, the funding need of …
SMEs take big strides on bourses
Early four years after the equity exchanges launched trading platforms for small and medium enterprises (SMEs), the segment is showing signs of maturity, with institutional entities like banks and mutual funds investing in them. Some of the bigger brokerages, once focussed only on the larger comp…