Ahmedabad: Small and medium enterprises have clambered onto the IPO bandwagon with alacrity: fund-raising activity through junior bourses has gone up by about seven times in the past six years. For small entrepreneurs, raising funds through the SME IPO platform yields dual benefits of increased c…
Tag: SME IPO
IPO trends: Gujarat SMEs lead the pack in raising funds through listings
31 out of 72 SME IPOs in 2017 so far are from Gujarat, having managed to raise Rs 373.47 crore fund
Maharashtra takes up the second spot while Rajashtan and Madhya Pradesh share the third
…
SMEs too join the bull run with IPOs
Total Transport System becomes highest subscribed SME issue by attracting investment interest of Rs 2,200 crore on NSE Emerge
…
SME IPO Alert: Total Transport Systems IPO oversubscribed 129.90 times
The initial public offer (IPO) of Small and medium-sized enterprises (SMEs) Total Transport Systems Limited which opened on July 25, 2017, was oversubscribed by 129.90 times. The IPO closed on July 28. The total issue size of the IPO was 37,80,000 shares. The IPO price wa…
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…
Gujarat churns out biggest SME IPOs; Zota Healthcare & Euro Foods top the list
Gujarat-based small and medium enterprises (SMEs) seem to be cashing in on investors’ growing interest and confidence in initial public offerings (IPOs) by smaller enterprises. The state has churned out two biggest SME IPOs of over Rs 50 crore in last two months. These include offers of Zot…
Zota Health SME IPO subscribed 16 times
Chennai: The Rs 58.50-crore initial public offering of Zota Health Care at the NSE-Emerge (the SME platform of the NSE) has received overwhelming response from retail investors and high net worth individuals. The issue was subscribed 15.9 times, with the company receiving bids worth Rs 902 crore.…
‘Allow anchor investors in SME IPOs’
Investment bankers want the Securities and Exchange Board of India (SEBI) to allow anchor investors in public issues of small and medium enterprises (SMEs) while also enhancing the upper limit for paid-up capital of such companies to allow relatively larger firms to enter the capital market while…
Overwhelming response from investors to SME offers in FY17
Mumbai: Fiscal 2016-17 was a bumper year for public offers by small and medium companies. According to data compiled by Prime Database, there were as many as 78 SME IPOs which collected a total of Rs. 807 crore in FY17, as against 50 IPOs raising Rs. 311 crore in FY16. In fact, this is a [&hellip…
Here is a look at some SME IPOs to open issue on March 31
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…