Mumbai, March 21, 2018: Shreeshay Engineers Limited became 232nd company to get listed on the BSE SME Platform on March 21st, 2018. Shreeshay Engineers came out with an initial public offering of 3,600,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.13/- Per Equity Share(The “Offer Price”), Aggregating to Rs.‘5.40’ crore. The company has successfully completed its public issue on March 13, 2018.
Incorporated in 2006, Shreeshay Engineers Limited (SEL) is a real estate construction and engineering company engaged in providing supply of materials, designing and contracting capabilities as well as construction project management services. Company is a part of the DKP Group which has large presence in the real estate market in and around Mumbai.
Aryaman Financial Services Limited was the lead manager for Shreeshay Engineers Limited.
The 232 companies listed on BSE SME Platform have raised Rs.2,046.63 crores from the market and total market capitalization of 232 companies as on 21st March, 2018 is 23,417.47 Crores. BSE is the market leader in this segment with a market share of approximately 70 percent.
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