The company retails its products under the brand name of 'Prabhuji'
The category II Alternate Investment Fund (AIF) aims to harness opportunity of investing at pre-IPO stage in Indian growth stage businesses that are on the verge of a big bang breakout, thus investing with clear focus of value arbitrage without taking long-term risk, according to a statement.
The year 2016 has been proved out to be a spectacular period for SME Capital Market. Indian SME Bourses witnessed remarkable activities in terms of filling of draft offer documents as well as number of listings. The year has witnessed several developments in this format of alternative capital markets.
Indore-based Agro Phos India, has taken the SME markets by storm garnering a whopping subscription of over Rs 200 crore -- the largest subscription ever received by an SME IPO.
First Half of F.Y. 2016-17 has been proved out to be a whopping period for SME Capital Markets. In 6 months, Indian SME Bourses witnessed remarkable activities in terms of filling as well as no. of IPOs.
Small and medium enterprise IPO market has started to gain traction among investors, with public issues of several firms, including DRA Consultants and Sysco Industries, getting oversubscribed multiple times.