Tag: Ravi Varanasi

In a first, foreign buyer bids for SME IPO

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…

Vibrant Gujarat: NSE nudges SMEs to go in for listing

Encouraging Small and Medium Enterprises (SMEs) to list on its platform, NSE has said listing will help such companies raise capital for their growth and provide visibility. “Listing on an exchange platform will help SMEs raise capital for their growth and provide several benefits like visi…

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…

Banks willing to take on SME risk

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, said experts at an interactive panel discussion at the Surge SME Conclave. “The banking industry has exposure of ₹10 lakh crore in the MSME sector and N…

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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Hi-Tech Pipes became 13th company to get listed on NSE’s SMEs platform

Pipe maker Hi-Tech Pipes became the 13th company to get listed on NSE’s small and medium enterprises (SMEs) platform ‘Emerge’. According to the stock exchange, Hi-Tech Pipes’ public issue was subscribed 2.64 times, making it the highest ever subscribed issue to get listed …

Leading stock exchanges differ on SME trading lots

The country’s two leading stock exchanges — the Bombay Stock Exchange and the National Stock Exchange — are unable to form a consensus on the issue of minimum trading lot size for the platform they have created for Small and Medium Enterprises (SMEs). Currently, the minimum lot size for the SME s…

FDSL gets listed on NSE SME platform

NSE, India’s leading stock exchange, has listed Fourth Dimension Solutions Limited (FDSL). FDSL offers information technology infrastructure, technical support services and range of information technology and consultancy services, including infrastructure services, end user IT support, IT asset l…

NSE’s SME platform gains momentum

This has by far been the best year for the SME platform, started by the country’s two premier bourses about three years ago, to enable small and medium enterprises (SMEs) to list. The National Stock Exchange of India’s (NSE) moribund SME platform finally gained traction this year, wit…