Encash Entertainment gets listed; Mahabir Metallex, Akme Star Housing Finance file DRHP
Updated: Sep 29, 2014 04:47:28pm
Mumbai, Sept 29 (KNN) With the listing of Encash Entertainment Limited on the BSE SME platform, the number of firms listed on the bourse is 69.
Encash Entertainment Limited is engaged in the business of production of films, corporate films and feature films, and intends to produce serials on television. It outsources processing services such as content development, multi-media, editing and sound recording from specialised professionals in media fields based in Kolkata.
Besides, the company is also engaged in the business of fashion designing, particularly the niche segment of dress materials, suit, etc which they supply to retailers.
Meanwhile two new firms have filed draft red herring prospectus (DRHP) to be listed on the bourse.
Incorporated in 2003, Mahabir Metallex Limited is engaged in the business of trading and distribution of steel products like TMT Bars, Rolled Products, Billets, Colour Coated Sheets, Steel strips/ Cold Rolled Strips, Round Angle Channels and Bars, Ingots and Steel Pipes and Tubes.
The company buys material from various manufacturers and thereafter sells and distributes the material to various consumers like real estate developers, capital goods manufacturers, scrap holding manufacturers etc. on cash basis as well as on credit basis.
Its product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, housing, bridges, metros, monorails etc. The product offerings are aimed at overcoming the time and space constraints of construction activities of the prospective clients.
Akme Star Housing Finance Limited offers a variety of home loan products which are designed to cater to the dynamic needs of rural and micro-rural borrowers. Its home loans comprise of products such as loan to purchase new housing units, loan to construct new units, loan to purchase plot and construction of units thereon, extension and renovation loan, etc.
It also provides loan against property, education loan, project loans to developers and business loans. Additionally, the company intends to offer customized loans to senior citizens on priority basis.
The BSE SME Exchange, Bombay Stock Exchange's platform for small and medium enterprises (SMEs), is witnessing a lot more SMEs listing on the platform these days. However, active trading takes place in less than half of the companies listed.
BSE commenced the SME platform on March 2012 and in over two- year period, BSE has achieved more than 90 per cent market share helping Indian SMEs create a market capitalisation of more than USD 1 billion. Average IPO size on BSE SME is close to Rs 9 crore per issue.
BSE SME Platform offers entrepreneurs an investor friendly environment, which enables the listing of SMEs from the unorganized sector scattered throughout India, into a regulated and organized sector. (KNN/ES)
Encash Entertainment Limited is engaged in the business of production of films, corporate films and feature films, and intends to produce serials on television. It outsources processing services such as content development, multi-media, editing and sound recording from specialised professionals in media fields based in Kolkata.
Besides, the company is also engaged in the business of fashion designing, particularly the niche segment of dress materials, suit, etc which they supply to retailers.
Meanwhile two new firms have filed draft red herring prospectus (DRHP) to be listed on the bourse.
Incorporated in 2003, Mahabir Metallex Limited is engaged in the business of trading and distribution of steel products like TMT Bars, Rolled Products, Billets, Colour Coated Sheets, Steel strips/ Cold Rolled Strips, Round Angle Channels and Bars, Ingots and Steel Pipes and Tubes.
The company buys material from various manufacturers and thereafter sells and distributes the material to various consumers like real estate developers, capital goods manufacturers, scrap holding manufacturers etc. on cash basis as well as on credit basis.
Its product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, housing, bridges, metros, monorails etc. The product offerings are aimed at overcoming the time and space constraints of construction activities of the prospective clients.
Akme Star Housing Finance Limited offers a variety of home loan products which are designed to cater to the dynamic needs of rural and micro-rural borrowers. Its home loans comprise of products such as loan to purchase new housing units, loan to construct new units, loan to purchase plot and construction of units thereon, extension and renovation loan, etc.
It also provides loan against property, education loan, project loans to developers and business loans. Additionally, the company intends to offer customized loans to senior citizens on priority basis.
The BSE SME Exchange, Bombay Stock Exchange's platform for small and medium enterprises (SMEs), is witnessing a lot more SMEs listing on the platform these days. However, active trading takes place in less than half of the companies listed.
BSE commenced the SME platform on March 2012 and in over two- year period, BSE has achieved more than 90 per cent market share helping Indian SMEs create a market capitalisation of more than USD 1 billion. Average IPO size on BSE SME is close to Rs 9 crore per issue.
BSE SME Platform offers entrepreneurs an investor friendly environment, which enables the listing of SMEs from the unorganized sector scattered throughout India, into a regulated and organized sector. (KNN/ES)
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