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: Mahavir Lunawat
SME board fund-raising up 7-fold in 6 years
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…
Attractive returns driving FIIs & hedge funds to invest in SMEs
Mumbai: Foreign institutional investors and hedge funds participating in the initial public offering made on the small and medium enterprises (SME) exchange platforms is fast gaining traction. Investors are flocking to SME stocks as the reward for the risk taken on the SME platform is more attrac…
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
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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…
BSE SME IPO index surges 53%, outperforms broader market
Mumbai: Shares of companies that listed in the one year ending 2 June on the BSE’s platform for small and medium enterprises (SMEs) have gained more than those that listed on the main exchange, data shows. The S&P BSE SME IPO index gained 52.85% in the year ending 2 June while the BSE IPO ind…
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…
SME IPOs catch investors’ eye, raise Rs 811 cr in FY17
New Delhi: Small and medium enterprises (SMEs) raised a staggering Rs 811 crore through initial public offerings in 2016-17, more than two-fold jump from the preceding fiscal. The huge fund-raising can be attributed to reforms and initiatives taken by the government to encourage the SME sector. F…
‘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…
Investors get drawn towards SME IPOs
While large size IPOs are getting improved responses from investors, with some over subscribing two to four times on the main platforms of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), SME IPOs are not lagging behind either. According to the investment bankers, investors’ t…