To cheer up investor sentiments, four small and medium enterprises (SME) – Dev Information Technology Ltd., M K Proteins Limited, ASL Industries Ltd., and Escorp Asset Management Ltd., will be hitting the capital markets. These SME IPOs are open for subscription for investors on March 31 an…
Tag: Small and Medium Enterprises (SME)
Child plans, health & SMEs are areas of opportunities for us to explore: Aviva Life
Private life insurance company Aviva Life Insurance is planning to expand its reach to health and Small and Medium Enterprises (SME) segment. “Child plans, health and SMEs are segments we would want to focus on. As per our research, these are the areas where there are more opportunities to …
BSE SME platform became first SME platform in India to receive 200 prospectus
Mumbai: Indian Small and Medium Enterprises (SME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the past few years. SMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also…
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…
Tata Capital, CII partner to provide easy credit to SMEs
Tata Capital said it has signed a pact with industry body CII to provide easy credit to small and medium businesses. “Tata Capital, the financial services arm of the Tata Group, signed a MoU with Confederation of Indian Industry (CII) to partner with them in the SME Finance Facilitation Cen…
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 …
GST to cut red tape, help SME sector, says West Bengal Finance Minister
The uniform Goods and Services Tax (GST) is going to benefit Small and Medium Enterprises (SME) the most by way of cutting down bureaucracy and the existing layered tax structure, West Bengal Finance Minister Amit Mitra said. Mitra said SMEs feed large industries and that this is the most labour-…