The Nifty Bank rallied 297.20 points to close at 35,247.80 on June 15. The important pivot level, which will act as crucial support for the index, is placed at 35,004.66, followed by 34,761.53. On the upside, key resistance levels are placed at 35,404.16 and 35,560.53 levels.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,840.53, followed by 15,811.87. If the index moves up, the key resistance levels to watch out for are 15,899.73 and 15,930.27.
The Nifty Bank declined 96.80 points to close at 34,950.60 on June 14. The important pivot level, which will act as crucial support for the index, is placed at 34,551.63, followed by 34,152.66. On the upside, key resistance levels are placed at 35,172.34 and 35,394.0 levels.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,671.2, followed by 15,530.6. If the index moves up, the key resistance levels to watch out for are 15,887.7 and 15,963.6.
The important pivot level which will act as crucial support for Bank Nifty is placed at 34,855.2, followed by 34,579.2. On the upside, key resistance levels are placed at 35,286.41 and 35,441.61.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,673.8, followed by 15,609.8. If the index moves up, the key resistance levels to watch out for are 15,776.5 and 15,815.2.
The important pivot level which will act as crucial support for Bank Nifty is placed at 34,493.66, followed by 34,186.83. On the upside, key resistance levels are placed at 35,254.86 and 35,709.23.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,534.63, followed by 15,433.97. If the index moves up, the key resistance levels to watch out for are 15,768.23 and 15,901.17.
The Nifty Bank declined 358.40 points or 1 percent to close at 35,085.30 on June 8. The important pivot level, which will act as crucial support for the index, is placed at 34,882.1, followed by 34,678.9. On the upside, key resistance levels are placed at 35,369 and 35,652.7 levels.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,687.13, followed by 15,634.17. If the index moves up, the key resistance levels to watch out for are 15,785.93 and 15,831.77.
The Nifty Bank rose 152 points to 35,443.70 on June 7. The important pivot level, which will act as crucial support for the index, is placed at 35,339.5, followed by 35,235.4. On the upside, key resistance levels are placed at 35,546.8 and 35,650 levels.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,695.37, followed by 15,639.03. If the index moves up, the key resistance levels to watch out for are 15,790.77 and 15,829.83.
During the pandemic, the exchange has organized around 150 webinars to create awareness among SMEs about the advantage of equity funding and listing. More than 60 small and medium enterprises (SMEs) are expected to tap the market in one year to raise equity funds for supporting their business requirements.
As per the survey, 59% of startups and MSMEs (medium and small scale enterprises) are likely to scale down, shut down or sell themselves this year. Only 22% Startups & MSMEs have more than 3-months runway; 41% are out of funds or have less than 1 month of funds left and 49% plan to reduce employee compensation and benefits costs by July.
This Newsletter is prepared to provide specialized information on SME
Market Segment to all market participant. This newsletter is prepared to cover
the certain events happened in the month of April, 2021. This Newsletter covers
the company listed in this month, Preferential Issue, Bonus Issue, ESOP,
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 May, 2021
Name of Company
Kuberan Global Edu Solutions Limited
Date of Listing
05-May-2021
Stock Exchange where
listed
BSE StartUp
Industry
Education
State
Tamil Nadu
Issue Size
1.12 Crore
Market Lot/ Min
Order Quantity
6000
No. of Times
Subscribe
3.30 times
Lead Manager
Fedex Securities Private Limited
IPO price
₹ 20/-
Open on Listing Date
₹ 21/-
52 Wk High
₹
23.75/-
52 Wk Low
₹
18.50/-
Closing Price as on 31-05-2021
₹
18.50/-
Market
Capitalization as on 31-05-2021
3.90 Crore
Preferential Allotment
Name of Company
Solex
Energy Limited
Date of Listing
31-05-2021
Stock Exchange where listed
NSE Emerge
Industry
Solar Sector
State
Gujarat
Issue Size
10.71 crore
Market Lot/ Min Order Quantity
2000
Date of Allotment
29-04-2021
Category
Public
Purpose of Issue
Business
Growth and Expansion
Issue price
₹ 30/-
Open on Listing Date
₹ 54.50/-
52 Wk High
₹ 59.20/-
52 Wk Low
₹ 20.15/-
Closing Price as on 31-05-2021
₹ 50/-
Market Capitalization as on
31-05-2021
40 Crore
Comparison Of Listed Company with BSE SME IPO Index and NSE SME Emerge Index
Companies Migrated to Main Board of Exchange in May, 2021
Sr. No.
Name of the Company
Date of Migration
State
Exchange
1
Shubham
Polyspin Limited
31-05-2021
Gujarat
BSE
2
Vishal Bearings Limited
31-05-2021
Gujarat
BSE
3
Sharika
Enterprises Limited
31-05-2021
Delhi
BSE
4
Moksh
Ornaments Limited
21-05-2021
Maharashtra
NSE
5
Ajooni Biotech
Limited
07-05-2021
Punjab
NSE
Draft Prospectus Filed with Stock Exchange
Sr.
No.
Name of the Company
Date of Draft Prospectus
State
Exchange
1
NAAPBOOKS Limited
20-05-2021
Gujarat
BSE StartUp
2
Focus Business Solution Limited
20-05-2021
Gujarat
BSE SME
3
Bew Engineering Limited
07-05-2021
Maharashtra
NSE Emerge
4
Prevest Denpro Limited
04-05-2021
Jammu & Kashmir
BSE SME
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 31.05.2021(In Rupees)
Growth/Decline(In Rupees)
% of Growth/Decline
1
Moksh Ornaments Limited
21-May-21
67.35
64.15
-3.2
-4.75%
2
Ajooni Biotech Limited
07-May-21
42
69.75
27.75
66.07%
3
Tembo Global Industries
Limited
23-Apr-21
107.8
164.15
56.35
52.27%
4
Nitiraj Engineers Limited
22-Apr-21
43.2
60.35
17.15
39.70%
5
Arvee Laboratories
(India) Limited
22-Mar-21
43.55
111.5
67.95
156.03%
6
Silgo Retail Limited
03-Mar-21
53.8
42.95
-10.85
-20.17%
7
Iris Clothings Limited
22-Feb-21
59
110.65
51.65
87.54%
8
AKG Exim Limited
16-Feb-21
97.8
27.15
-70.65
-72.24%
9
Rajnandini Metal Limited
16-Feb-21
31.05
98
66.95
215.62%
10
Ahlada Engineers Limited
28-Jan-21
70
115.2
45.2
64.57%
11
Wealth First Portfolio
Managers Limited
20-Jan-21
92.1
119.7
27.6
29.97%
12
Godha Cabcon &
Insulation Limited
24-Dec-20
34.6
39.9
5.3
15.32%
13
Mangalam Global
Enterprise Limited
23-Dec-20
42
47.05
5.05
12.02%
14
RKEC Projects Limited
18-Dec-20
40
75.7
35.7
89.25%
15
Rudrabhishek Enterprises
Limited
14-Dec-20
96
230.8
134.8
140.42%
16
Accuracy Shipping Limited
11-Dec-20
29.8
59.85
30.05
100.84%
17
Global Education Limited
07-Dec-20
196
52.8
-143.2
-73.06%
18
Supreme Engineering
Limited
04-Dec-20
24.9
36.35
11.45
45.98%
19
Marine Electricals
(India) Limited
02-Dec-20
191.5
77.3
-114.2
-59.63%
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 31.05.2021(In Rupees)
Growth/Decline(In Rupees)
% of Growth/Decline
1
Shubham Polyspin Limited
31-May-21
75.35
76.85
1.5
1.99%
2
Vishal Bearings Limited
31-May-21
27.7
26.55
-1.15
-4.15%
3
Sharika Enterprises Limited
31-May-21
50.05
57.65
7.6
15.18%
4
Sylph Education Solutions Limited
22-Apr-21
–
–
–
–
5
Deep Polymers Limited
12-Mar-21
70.95
91.45
20.5
28.89%
6
Aditya Vision Limited
15-Jan-21
31.9
391.55
359.65
1127.43%
7
BCPL Railway Infrastructure Limited
04-Jan-21
102.95
56.45
-46.5
-45.17%
8
Palm Jewels Limited
10-Dec-20
40
75.7
35.7
89.25%
9
Gautam Gems Limited
10-Dec-20
28.65
14
-14.65
-51.13%
Changes In Market Lot
Sr. No.
Name of the Company
Exchange
Effective Date
Old Market Lot
New Market Lot
Purpose of Change
1.
Par Drugs and Chemicals
Limited
NSE Emerge
14-06-2021
4000
2000
Bonus Issue
Employee Stock Option Plan
Sr. No.
Name of the Company
Exchange
Listing Date
Date of Allotment
No. of Shares issued
Par value
Exercise Price per share
1.
Thejo Engineering Limited
NSE Emerge
26-05-2021
03-05-2021
4755
₹ 10/-
₹ 153.75/-
Bonus Issue
Sr. No.
Name of the Company
Exchange
Listing Date
Date of Allotment
No. of Shares issued
Par value
1.
Par Drugs and Chemicals
Limited
NSE Emerge
11-05-2021
30-04-2021
6152318
₹ 10/-
Performance of Market
Maker
S r. No.
Name of Market Maker
Subscriptionby Market Maker(Rs. In Lakhs)
Total No. of
Companies
1
Aryaman Capital
Markets Limited
158.4
1
2
Beeline Broking
Limited
171.94
2
3
Gretex Share
Broking Private Limited
10.85
1
4
Harjivandas Nemidas
Securities Private Limited
25.20
1
5
Hem Finlease
Private Limited
151.20
2
6
Nikunj Stock
Brokers Limited
19.20
1
7
NNM Securities
Private Limited
38.76
1
8
Pentagon Stock
Brokers Private Limited
117.00
1
9
Rikhav Securities
Limited
260.95
3
10
Shreni Shares
Private Limited
10.65
1
Performance of Merchant Banker
Sr. No.
Name of Merchant
Banker
Total Fund Raised(Rs. In Crore)
Total No. of
Companies
1
Aryaman Financial Services limited
29.70
1
2
Beeline Broking Limited
3.24
1
3
Fedex Securities Private Limited
50.29
3
4
Gretex Corporate Services Private Limited
2.01
1
5
First Overseas Capital Limited
7.75
1
6
Hem Securities Limited
28.72
2
7
Mark Corporate Advisors Private Limited
4.98
1
8
Pantomath Capital Advisors Private Limited
23.4
1
9
Shreni Shares Private Limited
2.00
1
10
Unistone Capital Private Limited
4.70
1
Disclaimer
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.
The Nifty Bank rallied 275.20 points to 35,649 on June 3. The important pivot level, which will act as crucial support for the index, is placed at 35,466.77, followed by 35,284.54. On the upside, key resistance levels are placed at 35,777.47 and 35,905.93 levels.
Nifty Intraday Outlook
According to pivot charts, the key support levels for the Nifty are placed at 15,632.5, followed by 15,574.7. If the index moves up, the key resistance levels to watch out for are 15,726.6 and 15,762.9.
