BSE SME now has IPOs of 230 companies listed

Mumbai, Mar 13 (KNN) The number of companies listed with the SME Exchange of BSE has reached 230 today.

The equity shares of Kolkata based company East India Securities listed its IPO with the bourse today.

“Trading Members of the Exchange are hereby informed that effective from Tuesday, March 13, 2018 the equity shares of East India Securities Limited shall be listed and admitted to dealings on the SME Platform of Exchange in the list of ‘MT’ Group of Securities,” BSE SME said.

East India Securities Limited (EISL) is an integrated financial services company with presence in all segments of financial services space in India. The net worth of the company as in March, 2012 was Rs 173 crores and the turnover for the last 5 years has grown at a CAGR of 93%.

BSE had launched SME platforms in March 2012 to provide opportunity to such firms to raise capital for growth and expansion.

Since then a total of 230 companies got listed on its SME segment and 46 of these firms have migrated to the main board platform. (KNN Bureau)