More gainers than losers on BSE SME; 2 new firms file DRHP
Updated: Sep 18, 2014 04:21:58pm
Among the gainers were: Samruddhi Realty Ltd (17.87 per cent), RCRL (9.97 per cent), SUYOG (7.51 per cent) and Jupiterin (7.44 percent).
On the other hand losers included COMCL (-9.96 per cent), Anisha Impex (-7.95 per cent), Womens Next (-5.28 per cent) and VKJ Infra (-4.99 per cent).
Meanwhile two new firms have filed DRHP on the bourse.
Mumbai based Vibrant Global Capital Limited is a non-deposit accepting NBFC registered with The Reserve Bank of India. It is a finance company that invests and trades in listed / unlisted securities and financial products; provides long term loans and advances; and advances short term loans.
Headquartered in Nagpur, ADCC Infocad Limited is a software solution provider with interests in the fields of basic and professional education, banking, infrastructure, information technology, textile, power, media and entertainment.
It is a specialist in GIS and Engineering services solutions’ company servicing clients across a range of corporate and government segments helping improve their engineering efficiency, support global footprint and improve competitiveness.
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)