In yesterday’s trading session, Bank Nifty lost 0.54%, with PSU and Private Banks losing 0.03% and 0.40% respectively.
We expect intraday range could be 32,003 to 32,951 with sideways momentum & broader range could be expected between 31,692 to 33,248 zone for this week.
Nifty Intraday Outlook
In yesterday’s trading session, Nifty closed almost flat, weighed by the fears of lockdown in some parts of the country.
We expect intraday range could be 14,431-14,884 with sideways momentum while broader range could be 14,277 to 15,092.
Indian SME sector is making the nation proud as despite recent
challenges posed due to Covid-19 pandemic, SME Sector is moving towards
buoyancy. Although the pandemic has
impacted the momentum of growth in the SME sector, the post-COVID era will see
the emergence of new opportunities and business proliferation driven by a
consistent restoration of business activities. This is reflected in the fact
that a massive 69% of businesses have expressed their intentions to expand in
the future, demonstrating a sustained level of optimism in the long-term.
SME Sector has raised ₹ 97.96Crore through Initial Public offering and ₹ 30.01 Crore through Further Public Offering in this three months and total 10 companies had migrated to main board of the exchange.
This newsletter is prepared to provide specialized information on SME
Market Segment to the all market participant. This newsletter is prepared to
cover the certain events happened in the month of March, 2021. This Newsletter
covers the company listed in this month, Further Public Issue, companies migrated
from SME Platform to the main board of the Stock Exchange and also the
comparison of pre and post migration price.
This Newsletter also covered the total number of companies listed on SME
platform of both the exchanges, Draft Prospectus filed with exchange,
Comparison of Stock Exchange Indices with Listed Companies, Bonus Issue, ESOP in
SME Exchange and Change in Market lot of the companies.
Merchant Banker and Market Maker
Total SME Companies Listed
Detailed Report on SME Initial Public Offer (IPO) for March, 2021
Detailed Report on SME Further Public Offer (FPO) for March, 2021
Preferential Allotment
Comparison Of Listed Companies with BSE SME IPO Index and NSE SME Emerge Index
NSE SME Emerge Index with Companies Listed on NSE
Emerge in March, 2021
BSE SME IPO Index with Companies Listed on BSE SME in March, 2021
Companies Migrated to Main Board of Exchange in March, 2021
Comparisons Of Listing Price Before And After Migration
Companies Migrated from NSE SME platform to NSE Main Board
Sr. No.
Name of Securities
Date of Migration
Price Before
Migration(In Rupees)
Price as on 31.03.2021(In Rupees)
Growth/Decline(In Rupees)
% of Growth/Decline
1
Arvee Laboratories
(India) Limited
22-Mar-21
43.55
55.4
11.85
27.21%
2
Silgo Retail Limited
03-Mar-21
53.8
56.3
2.5
4.65%
3
Iris Clothings Limited
22-Feb-21
59
89.5
30.5
51.69%
4
AKG Exim Limited
16-Feb-21
97.8
66.5
-31.3
-32.00%
5
Rajnandini Metal Limited
16-Feb-21
31.05
88.5
57.45
185.02%
6
Ahlada Engineers Limited
28-Jan-21
70
91.5
21.5
30.71%
7
Wealth First Portfolio
Managers Limited
20-Jan-21
92.1
126.35
34.25
37.19%
8
Godha Cabcon &
Insulation Limited
24-Dec-20
34.6
46.55
11.95
34.54%
9
Mangalam Global
Enterprise Limited
23-Dec-20
42
45.8
3.8
9.05%
10
RKEC Projects Limited
18-Dec-20
40
60.2
20.2
50.50%
11
Rudrabhishek Enterprises
Limited
14-Dec-20
96
202.3
106.3
110.73%
12
Accuracy Shipping Limited
11-Dec-20
29.8
50.05
20.25
67.95%
13
Global Education Limited
07-Dec-20
196
36.3
-159.7
-81.48%
14
Supreme Engineering
Limited
04-Dec-20
24.9
26.9
2
8.03%
15
Marine Electricals
(India) Limited
02-Dec-20
191.5
65.8
-125.7
-65.64%
16
Dangee Dums Limited
13-Nov-20
92
129.45
37.45
40.71%
17
Keerti Knowledge and
Skills Limited
13-Nov-20
30.9
24.05
-6.85
-22.17%
18
Aaron Industries Limited
06-Nov-20
27.5
57.2
29.7
108.00%
19
D. P. Abhushan Limited
03-Nov-20
131
117.5
-13.5
-10.31%
Companies Migrated from BSE SME platform to BSE Main Board
Sr. No.
Name of Securities
Date of Migration
Price Before
Migration(In Rupees)
Price as on 31.03.2021(In Rupees)
Growth/Decline(In Rupees)
% of Growth/Decline
1
Deep Polymers Limited
12-Mar-21
70.95
61.95
-9
-12.68%
2
Aditya Vision Limited
15-Jan-21
31.9
182.15
150.25
471.00%
3
BCPL Railway Infrastructure Limited
04-Jan-21
102.95
65.95
-37
-35.94%
4
Palm Jewels Limited
10-Dec-20
40
61.6
21.6
54.00%
5
Gautam Gems Limited
10-Dec-20
28.65
29.35
0.7
2.44%
6
Shree Ganesh Remedies Limited
25-Nov-20
134.95
334.95
200
148.20%
Changes In Market Lot
Sr. No.
Name of the Company
Exchange
Effective Date
Old Market Lot
New Market Lot
Purpose of Change
1.
WE WIN Limited
NSE
30-Mar-2021
1000
3000
Bonus Issue
2
Globe International Carriers Limited
NSE
18-Mar-2021
6000
7500
Bonus Issue
3
Sikko Industries Limited
NSE
18-Mar-2021
4000
8000
Bonus Issue
4.
Ashapuri Gold Ornament Limited
BSE
17-Mar-2021
2000
1600
FPO
5
Ajooni Biotech Limited
NSE
10-Mar-2021
4000
4444
Bonus Issue
Bonus Issue
Sr. No.
Name of the Company
Exchange
Listing Date
Date of Allotment
No. of Shares issued
Par value
1.
Sikko Industries Limited
NSE SME
30-Mar-2021
20-Mar-2021
56,00,000
Rs. 10/- per share
2.
Ajooni Biotech Limited
NSE SME
22-Mar-2021
13-Mar-2021
1000558
Rs. 10/- per share
3.
Tembo Global Industries Limited
NSE SME
18-Mar-2021
05-Mar-2021
5023000
Rs. 10/- per share
Performance of Market
Maker in 1st Quarter of 2021
Performance of Merchant Banker in 1st Quarter of 2021
State Wise Fund Raise Through SME IPO in 1st Quarter of 2021
Disclamier
This
data is prepared based on the offer documents and available market information
nothing contain in this data are in violation of any laws, rules, regulation,
directive, guideline etc. of any regulatory authority. This newsletter is
prepared for the information purpose only nothing contain in this data are intent
to any means of invitation to subscribe or invest in the securities of the
company. These data and report are subject to copyright in favour of BBL
therefore, Reproduction or dissemination, directly or indirectly in any form is
prohibited except with the prior written permission of Beeline.
Recipients
should not construe any of the contents within the document as advice relating
to business, financial, legal, taxation, or investment matters and are advised
to consult their own business, financial, legal, taxation and other advisors.
This document does not constitute an offer for sale, or an invitation to
subscribe for, or purchase equity shares or other assets or securities of any
Company and the information contained herein shall not form the basis of any
contract. This document are also not
meant to be or to constitute any offer for any transaction.
Past
performance is not a guide for future performance, future returns are not
guaranteed and investors may suffer losses which may exceed their original
capital. The user should consult their own advisors to determine the merits and
risks of investment and also read the Risk Disclosure Documents for Capital
Markets and Derivative Segments as prescribed by Securities and Exchange Board
of India before investing in the Indian Markets.
In the previous week, base metals witnessed a
steep fall in the prices, with aluminum and copper falling by approximately 2%
each and zinc lost 1.5%. However, lead witnessed net buyers during the week,
and managed to close in green, snapping the losses of past two weeks, gaining
0.2%. As far as precious metals are concerned, gold and silver continued their
downtrend, by losing 0.7% and 3.0% respectively during the week.
The prices of precious metals took a hit during
the week as a surge in vaccine roll-outs all over the world has lifted the
investors’ sentiments. Moreover, surge in US bond yields and a stronger dollar
also weighed gold and silver prices. However, the losses were capped after the
US President Joe Biden announced ‘”once-in-a-generation” infra
investment plan of more than USD 2 trillion in transportation, telecoms and
energy infrastructure, which had a positive impact on gold prices as it is
often considered as hedge against inflationary pressure.
Brent prices rose during past week, after the
release of lower US crude oil inventories data and on the hopes that the OPEC+
members will maintain the production cut till May. However, in the current
week, the prices have started to fall after the OPEC+ agreed last week to
gradually ease production curbs by 350,000 barrels per day (bpd) in May,
another 350,000 bpd in June and further 400,000 bpd or so in July.
For the current week, we expect the gold and
silver prices to trade in sideways to positive trend supported by weak equity
markets ahead of COVID-19 fears. The prices of precious metals might also be
supported by the inflationary pressure in the US markets due to infra
investment plan unveiled by the US government.
For the week, we expect gold in COMEX market to be in the range of $1,672 to $1,821, while silver is expected to be in the range of $23.7 to $25.4. Whereas, for bullion market traders, we assume gold mini futures to trade in the range of 44,698 to 46,197.