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Starlit Power Systems Ltd & ADCC Infocad Ltd join the BSE SME bandwagon

Updated: Oct 22, 2014 12:33:30pm
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Mumbai, Oct 22 (KNN)  The total number of firms listed on the BSE SME platform is now 77  with Starlit Power Systems Limited and ADCC Infocad Limited being listed on the bourse.

Starlit Power Systems Limited (SPSL) is engaged in smelting of battery and lead scrap, manufacture, supply and export of pure lead, different lead alloys like Calcium Aluminum alloy Antimonial Alloy and Selenium Alloy, Lead Oxides like Lead Sub Oxide and Red Lead.

SPSL has the smelting capacity of 15000 MT per annum and refining/alloying capacity of over 12000 MT per annum with technical capacity to convert assorted heterogeneous lead scrap into pure lead of up to 99.98 per cent purity.

It uses its captive producer gas as a fuel for all smelting and refining operations thereby considerably reducing dependence on Hydro-carbons like furnace oil and diesel. The biomass gassifier technology is developed by TERI and approved by Ministry of New and Renewable Energy, Government of India.

On the other hand, ADCC Infocad (ADCC) is engaged in the fields of basic and professional education, banking, infrastructure, information technology, textile, power, media and entertainment and is head quartered in Nagpur.

The company is a specialist in GIS and engineering services, servicing clients across a range of corporate and government segments helping improve their engineering efficiency, support global footprint and improve competitiveness.  It leverages technology, domain knowledge and robust work planning methodology to ensure an effective delivery model to all its services projects.  It has branch offices across India at Mumbai, Pune, Hyderabad, Ahmedabad, Lucknow.

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 an entrepreneur 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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