Jet Infraventure & Dhabriya Polywood file documents on BSE SME
Updated: Sep 15, 2014 02:31:40pm
Mumbai, Sept 15 (KNN) Jet Infraventure Limited and Dhabriya Polywood Limited have filed DRHP (draft red herring prospectus) on the BSE SME platform and are awaiting SEBI approval.
Mumbai based Jet Infraventure Limited is a growing real estate development company with focus on residential projects, having executed various residential projects in Maharashtra and Gujarat. It sub-contracts projects to third party contractors. Developing residential projects at affordable pricing without compromising on quality construction is its aim.
On the other hand, Jaipur based Dhabriya Polywood Limited is into the business of manufacturing and selling of PVC profiles and fabrication of uPVC Doors and windows, partitions, false ceiling, panelling, fencing, prefabricated structures, prefabricated walls and buildings and allied products.
The company which has been in the business of PVC, uPVC, polymers and compounds and allied products for more than two decades, sells its products under the brand “polywood,” a wood substitute which has saved lakhs of trees per year. With an eco-friendly production process and minimum effluence or wastage of resources, its products are heat and sound insulated, waterproof, have low maintenance cost, are recyclable and have a long life of 10-25 years.
Other firms waiting to be listed on the bourse are Monarch Apparels India Limited, Atishay Infotech Limited, Majestic Research Services and Solutions Limited, and Ultracab India Limited among others.
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)
Mumbai based Jet Infraventure Limited is a growing real estate development company with focus on residential projects, having executed various residential projects in Maharashtra and Gujarat. It sub-contracts projects to third party contractors. Developing residential projects at affordable pricing without compromising on quality construction is its aim.
On the other hand, Jaipur based Dhabriya Polywood Limited is into the business of manufacturing and selling of PVC profiles and fabrication of uPVC Doors and windows, partitions, false ceiling, panelling, fencing, prefabricated structures, prefabricated walls and buildings and allied products.
The company which has been in the business of PVC, uPVC, polymers and compounds and allied products for more than two decades, sells its products under the brand “polywood,” a wood substitute which has saved lakhs of trees per year. With an eco-friendly production process and minimum effluence or wastage of resources, its products are heat and sound insulated, waterproof, have low maintenance cost, are recyclable and have a long life of 10-25 years.
Other firms waiting to be listed on the bourse are Monarch Apparels India Limited, Atishay Infotech Limited, Majestic Research Services and Solutions Limited, and Ultracab India Limited among others.
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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