BSE SME lists 210th company on board, total amount raised mounts to 1696.66 crores

New Delhi, Nov 23 (KNN) With Sanghvi Brands Limited getting listed on the Bombay Stock Exchange’s Small and Medium Enterprises portal (BSE SME) the total number of enterprises listed on the portal has increased to 210.

The Sanghvi Brands Limited came out with an IPO of 27,48,000 equity shares of Rs.10 each for cash at a price Of Rs.69 per equity share aggregating to Rs 1896.12 lacs, a release from BSE SME informed.

So far the 210 companies listed on BSE SME Platform have raised Rs.1696.66 crores from the market.

In terms of the total market capitalization of 210 companies, so far by november the amount stood at 19,542.36 Crores.

Earlier, the BSE CEO Ashishkumar Chauhan in a press interview hinted that the number of SMEs for the IPO is likely to increase substantially in the course of five-sixth months.

Chauhan further informed that the portal has over 40 companies penind in the pipeline that are to listed in due course. (KNN/DA)