More losers than gainers on BSE SME; two new firms file documents
Updated: Aug 26, 2014 05:06:05pm
Mumbai, Aug 26 (KNN) There were as many as 15 losers compared to eight gainers on the BSE SME platform today while four remained unchanged. Market capitalisation of the firms during trading today settled at Rs 7,707.49 crore.
Among the gainers were BRPL (5.47 per cent), GCM COMM (5 per cent), BMAL (3.53 per cent) SRDL (2.78 per cent).
On the other hand top losers were BITL (-10 per cent), Chemtech (-10 per cent), OTML (-7.88 per cent) and Polymac (-5 per cent).
Two new firms have filed their offer documents - Majestic Research Services and Solutions Limited; and Ultracab India Limited.
Engaged in the business of market research, Bangalore based Majestic Research Services and Solutions Limited provides actionable insights to clients and assists them in making better strategic decisions in their respective lines of business.
The firm is a subsidiary of Majestic Market Research Support Services Limited that has a global reach with presence in 18 countries of Middle East and APAC region.
Further, it is being equipped with advanced technology and facilities such as large online research panel, worldwide video streaming, fully equipped research rooms, observation room, client rooms, waiting area, and facility to conduct online focus groups.
Ultracab India Limited, incorporated in 2007, is engaged in manufacture and export of wires and cables in India. Having started with PVC cables and wires, its products are now sold within the country and also exported to UK, UAE, Africa, Singapore, etc. With its manufacturing facility in Shapar (Rajkot, Gujarat), the company prides its self on quality and safety of its products.
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)
Among the gainers were BRPL (5.47 per cent), GCM COMM (5 per cent), BMAL (3.53 per cent) SRDL (2.78 per cent).
On the other hand top losers were BITL (-10 per cent), Chemtech (-10 per cent), OTML (-7.88 per cent) and Polymac (-5 per cent).
Two new firms have filed their offer documents - Majestic Research Services and Solutions Limited; and Ultracab India Limited.
Engaged in the business of market research, Bangalore based Majestic Research Services and Solutions Limited provides actionable insights to clients and assists them in making better strategic decisions in their respective lines of business.
The firm is a subsidiary of Majestic Market Research Support Services Limited that has a global reach with presence in 18 countries of Middle East and APAC region.
Further, it is being equipped with advanced technology and facilities such as large online research panel, worldwide video streaming, fully equipped research rooms, observation room, client rooms, waiting area, and facility to conduct online focus groups.
Ultracab India Limited, incorporated in 2007, is engaged in manufacture and export of wires and cables in India. Having started with PVC cables and wires, its products are now sold within the country and also exported to UK, UAE, Africa, Singapore, etc. With its manufacturing facility in Shapar (Rajkot, Gujarat), the company prides its self on quality and safety of its products.
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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