Last year, around 55 SME companies had tapped the IPO route and got listed on the exchange's platform.
The BSE-SME segment has fast emerged as the preferred platform for SME's to raise capital and engage investors. The platform provides immense opportunity to entrepreneurs to raise equity capital for growth and expansion, and for investors to identify and invest in SMEs at an early stage.
BSE SME platform is the first SME Exchange in the country to get final approval of the regulator SEBI. The platform was introduced in order to create an awareness of the importance of SMEs in the nation building and to provide a wide class platforms for SMEs and investors to come together and raise equity capital.
VS Fernando a veteran IPO analyst has come out with his view on Vishal Bearings IPO. "Track record justifies premium", says the expert.
BSE SME platform has become an alternative engine for growth of SMEs by offering a great opportunity to entrepreneurs to raise equity capital for expansion and acquisition.
Naysaa is a diversified financial services company offering a wide range of products and services covering equity broking and equity derivatives to all kinds of investors.
Public issue of 64.62 lakh equity shares of Rs 10/- each of Suyog Telematics is going to list on January 22, 2014 on SME platform of the BSE. The issue was opened for subscription on December 30, 2013.
Chemtech Industrial Valves IPO: Unstable financials, technocrat-promoter taking backseat, desperate 'high-sea trading', etc. make the company unsafe for investment!, says VS Fernando an IPO analyst.
VS Fernando: Stage-managed takeovers and circular funding put Stellar in poor light!
Mitcon Consultancy and Engineering Services: Since there is no identifiable promoter, the entire post-issue capital of Rs 12.10 cr is considered as public float. Though MITCON is the fourth IPO to be listed on the SME Platform of NSE, it is the first 'fixed price' SME on NSE, says VS Fernando.
Alacrity Securities' SME public issue of 60,00,000 equity shares of Rs. 10/- each has opened for subscription, which will close on August 1.
Bothra Metals and Alloys, a manufacturer and trader of aluminium, will launch its initial public offer (IPO) of 48.84 lakh equity shares of face value of Rs 10 for cash at a price of Rs 25 per equity share on March 12, 2013.