Mumbai: SEBI came out with detailed guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012.
Misquita Engineering Limited became 310th company to get listed on the BSE SME Platform on October 04, 2019. Misquita Engineering Limited came out with an initial public offering of 7,16000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 27/- Per Equity Share (The “Offer Price”), Aggregating to Rs. ’193.32’ lacs. The company has successfully completed its public issue on 25th September, 2019.
Misquita Engineering Limited is a Maharashtra based company whose registered office is at Goa. The Company is engaged in manufacturing of front – loading washers. Company is the major component supplier and job worker to a manufacturer of washing machines in the Indian market for Front washers.
Mumbai based Gretex Corporate Services Private Limited was the lead manager to Misquita Engineering Limited.
The 310 companies listed on BSE SME Platform have raised Rs. 3,239.4 crores from the market and total market capitalization of 310 companies as on 04th October 2019 is 18,320.85 Crores. BSE is the market leader in this segment with a market share of 60.55 percent.
The response since the launch of this platform by BSE has been very positive and till date, the following 309 companies have already listed on this platform.
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