Author: Beeline PCS

• India’s small business community is the second largest after China, with over 64 million traders, manufacturers and retailers.

• The government announced the Special Credit Linked Capital Subsidy Scheme for the MSMEs (Micro Small and Medium Enterprises) in the services sector. The scheme has a provision of 25 per cent capital subsidy for procurement of service equipment through institutional credit to the SMEs for advancement of their technology.

• The Centre will give emphasis on development of micro, small and medium enterprises (MSMEs) in the north east to ensure economic prosperity in the region and propel the sector’s contribution to the country’s Gross Domestic Product (GDP).

• As per government database the applications for delayed payment by micro and small enterprises (MSEs) have surpassed one lakh.

• Emergency Credit Line Guarantee Scheme (ECLGS) launched by the government in 2020 to provide relief to MSMEs impacted by Covid-19 pandemic has saved 13.5 lakh firms from going bankrupt and consequently 1.5 crore jobs,

• As on December 31, 2021, the total ₹ 766.770 Crore raised through SME IPO in India and total 55 Companies were listed. Out of these 55 companies, 22 companies listed on NSE Emerge Platform, 27 companies listed on BSE SME Platform and 6 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed and Migrated to Main Board

Detailed Report on SME Initial Public Offer (IPO) for December, 2021

Name of Company	Vivo Collaboration Solutions Limited	Brandbucket Media & Technology Limited	Clara Industries Limited	Wherrelz It Solutions Limited
Date of Listing	31-Dec-21	31-Dec-21	29-Dec-21	29-Dec-21
Stock Exchange where listed	NSE	BSE	BSE	BSE StartUp
Industry	IT Services	Advertising & Media	Containers & Packaging	IT Consulting & Software
State	Delhi	Maharashtra	Uttar Pradesh	Maharashtra
Issue Size	4.40Crore	8.25 Crore	3.02 Crore	2.01 Crore
Market Lot/ Min Order Quantity	1600	2000	3000	800
No. of Times Subscribe	282.97	1.58	1.53	2.25
Lead Manager	Sarthi Capital Advisors Private Limited	Inventure Merchant Banker Services Private Limited	Gretex Corporate Services Limited	Fedex Securities Private Limited
IPO price	₹ 82 /-	₹ 55 /-	₹ 43 /-	₹ 171.00 /-
Open on Listing Date	₹ 355.10 /-	₹55.25 /-	₹ 43.20 /-	₹ 173.05 /-
52 Wk High	₹ 372.85 /-	₹ 55.25 /-	₹ 59.90 /-	₹ 244.10 /-
52 Wk Low	₹ 289.30 /-	₹ 45.75 /-	₹ 42.00 /-	₹ 173.05 /-
Closing Price as on 31-12-2021	₹ 337.35 /-	₹ 52.50 /-	₹ 44.90 /-	₹ 195.35 /-
Market Capitalization as on 31-12-2021	67.98 Crore	16.55 Crore	11.14 Crore	7.61 Crore

Name of Company	Foce India Limited	Euro Panel Products Limited	Nupur Recyclers Limited	DMR Hydroengineering & Infrastructures Limited
Date of Listing	28-Dec-21	24-Dec-21	23-Dec-21	07-Dec-21
Stock Exchange where listed	NSE	NSE	NSE	BSE
Industry	Trading	Metal	Metal	Consulting Services
State	Maharashtra	Maharashtra	Delhi	Haryana
Issue Size	29.03 Crore	45.50 Crore	34.20 Crore	2.09 Crore
Market Lot/ Min Order Quantity	600	2000	2000	6000
No. of Times Subscribe	1.57	1.80	43.67	11.43
Lead Manager	Mark Corporate Advisors Private Limited	Fedex Securities Private Limited	Corporate Capitalventures Private Limited	Shreni Shares Private Limited
IPO price	₹ 225 /-	₹ 70 /-	₹ 60 /-	₹ 21 /-
Open on Listing Date	₹ 225.00 /-	₹ 70.00 /-	₹ 74.00 /-	₹ 25.00 /-
52 Wk High	₹ 231.00 /-	₹ 85.65 /-	₹ 145.45 /-	₹ 44.25 /-
52 Wk Low	₹ 210.00 /-	₹ 67.85 /-	₹ 70.35 /-	₹ 24.05 /-
Closing Price as on 31-12-2021	₹ 222.10 /-	₹ 70.85 /-	₹ 103.95 /-	₹ 36.00 /-
Market Capitalization as on 31-12-2021	108.67 Crore	173.58 Crore	216.22 Crore	13.41 Crore

Comparison of Listed Companies with BSE SME IPO Index and NIFTY SME Emerge Index

NIFTY SME Emerge Index with NSE Listed Companies

BSE SME IPO Index with BSE Listed Companies

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1.	Quality RO Industries Limited	23-Dec-2021	Gujarat	BSE
2.	Maruti Interior Products Limited	23-Dec-2021	Gujarat	BSE
3.	Alkosign Limited	23-Dec-2021	Maharashtra	BSE
4.	Achyut Healthcare Limited	22-Dec-2021	Gujarat	BSE
5.	AB Cotspin India Limited	13-Dec-2021	Punjab	NSE
6.	Vaidya Sane Ayurved Laboratories Limited	08-Dec-2021	Maharashtra	NSE
7.	Timescan Logistics (India) Limited	07-Dec-2021	Chennai	NSE
8.	Shigan Quantum Technologies Limited	01-Dec-2021	Delhi	NSE

Bonus Issue

Sr. No.	Name of the Company	No. of Securities Issued	Allotment Date	Ratio
1.	Khfm Hospitality and Facility Management Services Limited	3,23,299	18-Dec-2021	1:30

Companies Migrated to Main Board of Exchange in December, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1.	United Polyfab Gujarat Limited	31-Dec-21	Gujarat	NSE
2.	HEC Infra Projects Limited	30-Dec-21	Gujarat	NSE
3.	Jet Freight Logistics Limited	21-Dec-21	Maharashtra	NSE
4.	Zodiac Energy Limited	14-Dec-21	Gujarat	NSE
5.	Bansal Roofing Products Limited	14-Dec-21	Gujarat	BSE

Employee Stock Option Plan

Sr. No.	Name of the Company	Exchange	Listing Date	Date of Allotment	No. of Shares	Par value	Exercise Price per share
1.	Thejo Engineering Limited	NSE	22-Dec-21	14-Dec-2021	6742	Rs. 10/-	Rs. 141/-

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 31-12-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	United Polyfab Gujarat Limited	31-Dec-21	16.55	17.35	0.8	4.61%
2	HEC Infra Projects Limited	30-Dec-21	36.10	32.60	-3.5	-10.74%
3	Jet Freight Logistics Limited	21-Dec-21	46.10	48.65	2.55	5.24%
4	Zodiac Energy Limited	14-Dec-21	30.60	60.05	29.45	49.04%
5	Rajshree Polypack Limited	26-Nov-21	228.4	263.4	35	13.29%
6	Focus Lighting and Fixtures Limited	24-Nov-21	81.25	84.9	3.65	4.30%
7	Marshall Machines Limited	22-Nov-21	36.2	37.6	1.4	3.72%
8	Laxmi Cotspin Limited	12-Nov-21	26	25.7	-0.3	-1.17%
9	Sikko Industries Limited	22-Oct-21	36.8	65.15	28.35	43.51%
10	Pansari Developers Limited	18-Oct-21	55	132.35	77.35	58.44%
11	Art Nirman Limited	18-Oct-21	31.15	135.9	104.75	77.08%
12	Airo Lam limited	13-Oct-21	83.4	79.9	-3.5	-4.38%
13	Euro India Fresh Foods Limited	12-Oct-21	135	146.65	11.65	7.94%
14	Lagnam Spintex Limited	30-Sep-21	42.95	55.7	12.75	22.89%
15	Par Drugs And Chemicals Limited	16-Sep-21	136.1	201.25	65.15	32.37%
16	Shanti Overseas (India) Limited	16-Sep-21	22.7	19.95	-2.75	-13.78%
17	Ganga Forging Limited	06-Jul-21	95.15	20.95	-74.2	-354.18%
18	Hindcon Chemicals Limited	05-Jul-21	39.8	75.85	36.05	47.53%
19	Moksh Ornaments Limited	21-May-21	67.35	44.65	-22.7	-50.84%
20	Ajooni Biotech Limited	07-May-21	42	71.55	29.55	41.30%
21	Tembo Global Industries Limited	23-Apr-21	107.8	288	180.2	62.57%
22	Nitiraj Engineers Limited	22-Apr-21	43.2	77.95	34.75	44.58%
23	Arvee Laboratories (India) Limited	22-Mar-21	43.55	87.25	43.7	50.09%
24	Silgo Retail Limited	03-Mar-21	53.8	31.65	-22.15	-69.98%
25	Iris Clothings Limited	22-Feb-21	59	200.9	141.9	70.63%
26	AKG Exim Limited	16-Feb-21	97.8	47.2	-50.6	-107.20%
27	Rajnandini Metal Limited	16-Feb-21	31.05	169.6	138.55	81.69%
28	Ahlada Engineers Limited	28-Jan-21	70	131.8	61.8	46.89%
29	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	270.6	178.5	65.96%

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 31-12-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Bansal Roofing Products Limited	14-Dec-21	52.45	59	6.55	11.10%
2	Dhruv Consultancy Services Limited	25-Nov-21	66	57.7	-8.3	-14.38%
3	Sarthak Metals Limited	25-Nov-21	94.85	118.8	23.95	20.16%
4	SBC Exports Limited	23-Nov-21	71.05	149.45	78.4	52.46%
5	ANG Lifesciences India Limited	08-Nov-21	726.5	469.7	-256.8	-54.67%
6	IRIS Business Services Limited	08-Nov-21	143.45	144.25	0.8	0.55%
7	SPS Finquest Limited	02-Nov-21	73.7	85.9	12.2	14.20%
8	Starlineps Enterprises Limited	02-Nov-21	49.1	65.6	16.5	25.15%
9	Kranti Industries Limited	02-Nov-21	34.1	41.05	6.95	16.93%
10	Vaksons Automobiles Limited	18-Oct-21	45	40.75	-4.25	-10.43%
11	Anand Rayons Limited	14-Oct-21	113.9	267.2	153.3	57.37%
12	Meera Industries Limited	01-Oct-21	85.1	72.45	-12.65	-17.46%
13	Earum Pharmacuticals Limited	16-Sep-21	122	10.1	-111.9	-1107.92%
14	Nakoda Group of Industries Limited	20-Aug-21	60	318.8	258.8	81.18%
15	Veeram Securities Limited	06-Aug-21	52.05	102.85	50.8	49.39%
16	K.P.I. Global Infrastructure Limited	27-Jul-21	115.2	323.45	208.25	64.38%
17	Manorama Industries Limited	20-Jul-21	1,726.90	1,371.10	-355.8	-25.95%
18	Ashapuri Gold Ornament Limited	16-Jul-21	43.6	68	24.4	35.88%
19	Raw Edge Industrial Solutions Limited	12-Jul-21	32.15	34	1.85	5.44%
20	White Organic Retail Limited	30-Jun-21	107.3	263.1	155.8	59.22%
21	Ratnabhumi Developers Limited	30-Jun-21	71.85	78.95	7.1	8.99%
22	S. M. Gold Limited	17-Jun-21	85.6	255.55	169.95	66.50%
23	Anmol India Limited	04-Jun-21	175.25	169.1	-6.15	-3.64%
24	Shubham Polyspin Limited	31-May-21	75.35	170.5	95.15	55.81%
25	Vishal Bearings Limited	31-May-21	27.7	46.4	18.7	40.30%
26	Sharika Enterprises Limited	31-May-21	50.05	11.72	-38.33	-327.05%
27	Sylph Education Solutions Limited	22-Apr-21	–	–	–	–
28	Deep Polymers Limited	12-Mar-21	70.95	729.25	658.3	90.27%
29	Aditya Vision Limited	15-Jan-21	31.9	623.3	591.4	94.88%
30	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	48.65	-54.3	-111.61%

Performance of Market Maker as on 31-12-2021

S r. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	474.37	5
2	Beeline Broking Limited	114.03	4
3	Gretex Share Broking Private Limited	259.45	5
4	Harjivandas Nemidas Securities Private Limited	25.20	1
5	Hem Finlease Private Limited	474.10	6
6	Intellect Stock Broking Limited	25.84	1
7	Maverick Share Brokers Private Limited	69.12	1
8	New Berry Capitals Private Limited	31.20	1
9	Nikunj Stock Brokers Limited	296.95	9
10	NNM Securities Private Limited	3386.44	6
11	O J Financial Services Limited	22.14	1
12	Pentagon Stock Brokers Private Limited	117.00	1
13	Rikhav Securities Limited	1093.67	6
14	SERNET Financial Services Private Limited	130.32	2
15	Shreni Shares Private Limited	48.22	3
16	SS Corporate Securities Limited	180.00	1
17	Sunflower Broking Private Limited	99.28	2
18	SVCM Securities Private Limited	145.80	1

Performance of Merchant Banker as on 31-12-2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	96.14	6
2	Beeline Broking Limited	56.20	7
3	Corporate Capitalventures Private Limited	34.20	1
4	Fast Track Finsec Private Limited	2.37	1
5	Fedex Securities Private Limited	199.45	6
6	Finshore Management Services Limited	31.12	3
7	First Overseas Capital Limited	61.72	3
8	Gretex Corporate Services Limited	48.92	4
9	GYR Capital Advisors Limited	3.99	1
10	Hem Securities Limited	91.15	6
11	Holani Consultants Private Limited	13.70	1
12	Inventure Merchant Banker Services Private Limited	38.24	4
13	Mark Corporate Advisors Private Limited	34.01	2
14	Navigant Corporate Advisors Limited	7.46	2
15	Pantomath Capital Advisors Private Limited	23.40	1
16	Sarthi Capital Advisors Private Limited	4.40	1
17	Shreni Shares Private Limited	9.27	3
18	Turnaround Corporate Advisors Private Limited	2.00	1
19	Unistone Capital Private Limited	8.98	2

State Wise Fund Raise Through SME IPO AS ON 31-12-2021

State	Total Fund Raised (Rs. In Crore)	No. of IPO’s
Bihar	2.01	1
Chandigarh	1.60	1
Chhattisgarh	19.61	1
Delhi	52.15	6
Gujarat	143.75	9
Haryana	10.08	2
Jammu and Kashmir	26.61	1
Karnataka	14.10	1
Madhya Pradesh	21.84	2
Maharashtra	314.06	20
Rajasthan	6.24	1
Tamilnadu	6.10	2
Telangana	4.05	1
Uttar Pradesh	46.41	3
Uttarakhand	23.40	1
West Bengal	74.67	3
Grand Total	766.70	55.00

Exchange wise Fund Raise Through SME IPO AS ON 31-12-2021

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.

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During the Calendar year 2021 total 55 SME IPOs got listed with Stock Exchange. The total funds of Rs. 766.70 Crore are raised from the 55 SME IPOs in the year 2021. Out of the 55 SME IPOs, 27 SME IPOs are listed on BSE SME Platform, 22 IPOs are listed on NSE EMERGE Platform and 6 IPOs are listed on BSE Startup Platform. The total 18 Market Makers participated and subscribed SME IPOs and the total subscription of Market Makers was Rs. 39.91 Crore.

During the year FPO of Ashapuri Gold Ornament Limited also got listed on BSE Limited on March 17, 2021 consisting of 3,705,600 Equity Shares having face value of Rs. 10/- each and issue price of Rs. 81/- aggregating to Rs. 30.02 Crore.

The total number of SME IPOs got increased in calendar year 2021 as compared to the calendar Year 2020 due to the noble market response and an increase in the number of investors who invest in SMEs is rapidly multiplying number of SME stocks and increased returns. In India total 55 SME IPOs in 2021 as compared to 30 SME IPOs in 2020, a rise of 45% from the corresponding numbers last year.

Sr. No.	Company Name	Listing Date	Merchant Banker	Market Maker	Total Issue Size (In Crore)	Market Maker Portion (In Lacs)	IPO Price	Price As On 31 Dec, 21	% Of Growth/Decline
1	Vivo Collaboration Solutions Limited	31-Dec-21	Sarthi Capital Advisors Private Limited	O J Financial Services Limited	4.40	22.14	82	337.35	3.11
2	Brandbucket Media & Technology Limited	31-Dec-21	Inventure Merchant Banker Services Private Limited	NNM Securities Private Limited	8.25	41.80	55	52.5	-0.05
3	Clara Industries Limited	29-Dec-21	Shreni Shares Private Limited	Gretex Share Broking Private Limited	3.02	15.48	43	44.9	0.04
4	Wherrelz It Solutions Limited	29-Dec-21	Fedex Securities Private Limited	Gretex Share Broking Private Limited	2.01	12.31	171	195.35	0.14
5	Foce India Limited	28-Dec-21	Mark Corporate Advisors Private Limited	SVCM Securities Private Limited	29.03	145.80	225	222.1	-0.01
6	Euro Panel Products Limited	24-Dec-21	Fedex Securities Private Limited	Rikhav Securities Limited	45.50	229.60	70	70.85	0.01
7	Nupur Recyclers Limited	23-Dec-21	Corporate Capitalventures Private Limited	SS Corporate Securities Limited	34.20	180.00	60	132.25	1.20
8	DMR Hydroengineering & Infrastructures Limited	07-Dec-21	Shreni Shares Private Limited	Shreni Shares Private Limited	2.09	11.34	21	36	0.71
9	Omnipotent Industries Limited	29-Nov-21	Inventure Merchant Banker Services Private Limited	SERNET Financial Services Private Limited	18.90	95.76	63	42.45	-0.33
10	Suyog Gurbaxani Funicular Ropeways Limited	16-Nov-21	Aryaman Financial Services Limited	Aryaman Capital Markets Limited	29.50	149.85	45	46.5	0.03
11	Nidan Laboratories And Healthcare Limited	12-Nov-21	First Overseas Capital Limited	NNM Securities Private Limited	50.00	250.00	125	51.55	-0.59
12	Kotyark Industries Limited	02-Nov-21	Beeline Broking Limited	Sunflower Broking Private Limited	11.26	57.12	51	166.2	2.26
13	D.K. Enterprises Global Limited	22-Oct-21	Beeline Broking Limited	Nikunj Stock Brokers Limited	7.99	40.80	40	42.65	0.07
14	Samor Reality Limited	13-Oct-21	Beeline Broking Limited	Sunflower Broking Private Limited	8.06	42.16	62	66	0.06
15	Dynamic Services & Security Limited	13-Oct-21	Finshore Management Services Limited	Nikunj Stock Brokers Limited	24.13	121.38	51	33	-0.35
16	Destiny Logistics & Infra Limited	13-Oct-21	Finshore Management Services Limited	Nikunj Stock Brokers Limited	5.39	27.60	20	8.6	-0.57
17	Cwd Limited	13-Oct-21	Aryaman Financial Services Limited	Aryaman Capital Markets Limited	18.01	90.72	180	224	0.24
18	Adishakti Loha And Ispat Limited	13-Oct-21	Turnaround Corporate Advisors Private Limited	NNM Securities Private Limited	2.00	11.00	11	8.71	-0.21
19	Promax Power Limited	12-Oct-21	Finshore Management Services Limited	Nikunj Stock Brokers Limited	1.60	8.00	10	19	0.90
20	Bombay Metrics Supply Chain Limited	12-Oct-21	Unistone Capital Private Limited	Rikhav Securities Limited	4.29	22.32	93	128.55	0.38
21	Shri Venkatesh Refineries Limited	11-Oct-21	Hem Securities Limited	Hem Finlease Private Limited	11.71	58.80	40	52	0.30
22	Getalong Enterprise Limited	08-Oct-21	Shreni Shares Private Limited	Shreni Shares Private Limited	5.18	26.22	69	71	0.03
23	Jainam Ferro Alloys (I) Limited	08-Oct-21	Hem Securities Limited	Hem Finlease Private Limited	19.61	105.00	70	84.75	0.21
24	Quadpro Ites Limited	30-Sep-21	Beeline Broking Limited	Beeline Broking Limited	14.10	70.80	20	14.15	-0.29
25	Sbl Infratech Limited	28-Sep-21	Fast Track Finsec Private Limited	Nikunj Stock Brokers Limited	2.37	11.99	111	62	-0.44
26	Prevest Denpro Limited	27-Sep-21	Hem Securities Limited	Hem Finlease Private Limited	26.61	134.40	84	433.75	4.16
27	Markolines Traffic Controls Limited	27-Sep-21	Gretex Corporate Services Limited	Gretex Share Broking Private Limited	40.00	200.93	78	61.5	-0.21
28	Platinumone Business Serviceslimited	16-Sep-21	Gretex Corporate Services Limited	Gretex Share Broking Private Limited	3.89	19.87	92	194.7	1.12
29	Bew Engineering Limited	16-Sep-21	First Overseas Capital Limited	NNM Securities Private Limited	3.97	20.88	58	472.45	7.15
30	Naapbooks Limited	15-Sep-21	Gyr Capital Advisors Limited	Beeline Broking Limited	3.99	20.13	74	62.5	-0.16
31	Aashka Hospitals Limited	01-Sep-21	Fedex Securities Private Limited	Rikhav Securities Limited	101.64	580.80	121	56.1	-0.54
32	Du Digital Technologies Limited	26-Aug-21	Hem Securities Limited	Hem Finlease Private Limited	4.49	24.70	65	184	1.83
33	Network People Services Technologies Limited	10-Aug-21	Holani Consultants Private Limited	Maverick Share Brokers Private Limited	13.70	69.12	80	73	-0.09
34	Rex Pipes And Cables Industries Limited	10-Aug-21	Navigant Corporate Advisors Ltd	New Berry Capitals Private Limited	6.24	31.20	26	46.85	0.80
35	Gretex Corporate Services Limited	09-Aug-21	Aryaman Financial Services Limited	Intellect Stock Broking Limited	5.13	25.84	170	201	0.18
36	Aa Plus Tradelink Limited	22-Jul-21	Inventure Merchant Banker Services Private Limited	SERNET Financial Services Private Limited	6.48	34.56	18	7.51	-0.58
37	Walpar Nutritions Limited	13-Jul-21	Beeline Broking Limited	Nikunj Stock Brokers Limited	6.60	33.00	55	29.4	-0.47
38	Focus Business Solution Limited	13-Jul-21	Navigant Corporate Advisors Ltd	Nikunj Stock Brokers Limited	1.22	7.98	19	12.02	-0.37
39	Times Green Energy (India) Limited	30-Jun-21	Aryaman Financial Services Limited	Aryaman Capital Markets Limited	4.05	24.40	61	61.05	0.00
40	Adeshwar Meditex Limited	28-Jun-21	Aryaman Financial Services Limited	Aryaman Capital Market Limited	9.75	51.00	25	38.55	0.54
41	Navoday Enterprises Limited	25-Jun-21	Inventure Merchant Banker Services Private Limited	NNM Securities Private Limited	4.61	24.00	20	10.6	-0.47
42	Abhishek Integrations Limited	21-Jun-21	Beeline Broking Limited	Nikunj Stock Brokers Limited	4.95	27.00	50	22.15	-0.56
43	Kuberan Global Edu Solutions Limited	05-May-21	Fedex Securities Private Limited	Rikhav Securities Limited	1.12	6.00	20	13.5	-0.33
44	Jetmall Spices And Masala Limited	19-Apr-21	Mark Corporate Advisors Private Limited	Harjivandas Nemidas Securities Private Limited	4.98	25.20	20	17.55	-0.12
45	Rajeshwari Cans Limited	15-Apr-21	Fedex Securities Private Limited	Beeline Broking Limited	4.03	21.60	20	21	0.05
46	V Marc India Limited	09-Apr-21	Pantomath Capital Advisors Private Limited	Pentagon Stock Brokers Private Limited	23.40	117.00	39	40.5	0.04
47	Siddhika Coatings Limited	07-Apr-21	Unistone Capital Private Limited	Rikhav Securities Limited	4.70	23.94	57	73.5	0.29
48	EKI Energy Services Limited	07-Apr-21	Hem Securities Limited	Hem Finlease Private Limited	18.60	97.92	102	9,928.40	96.34
49	Niks Technology Limited	31-Mar-21	Gretex Corporate Services Limited	Gretex Share Broking Private Limited	2.01	10.85	201	200	0.00
50	Rangoli Tradecomm Limited	22-Mar-21	Fedex Securities Private Limited	Rikhav Securities Limited	45.15	231.01	207	–	–
51	Knowledge Marine & Engineering Works Limited	22-Mar-21	Hem Securities Limited	Hem Finlease Private Limited	10.12	53.28	37	143.3	2.87
52	Adjia Technologies Limited	15-Mar-21	Shreni Shares Private Limited	Shreni Shares Private Limited	2.00	10.66	74	36.85	-0.50
53	Pavna Industries Limited	09-Mar-21	Aryaman Financial Services Limited	Aryaman Capital Markets Limited	29.70	158.40	165	210	0.27
54	Party Cruisers Limited	05-Mar-21	First Overseas Capital Limited	NNM Securities Private Limited	7.75	38.76	51	73.55	0.44
55	MRP Agro Limited	18-Feb-21	Beeline Broking Limited	Nikunj Stock Brokers Limited	3.24	19.20	40	40.1	0.00

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SME Newsletter #SMEIPO#SME NEWS#BSE#NSE#startUp India#MSME India#Beeline SME Newsletter#Monthly SME News#DPITT#BSE StartUp#NIFTY SME Emerge#BSE SME IPO Index#Merchant Banker#Market Maker#Fund raising#SME India

The Tamil Nadu Industrial Investment Corporation Ltd (TIIC), which has been providing financial assistance to MSMEs, signed agreements with Tansidco and TAICO Bank in the presence of Minister for Industries & Tamil Culture and Minister for MSME & Slum Clearance.

The pact with Tansidco (Tamil Nadu Small Industries Development Corporation) is for smooth implementation of the Industrial Infrastructure Initiative Scheme of TIIC, while the partnership with TAICO Bank (Tamilnadu Industrial Co-op Bank Ltd) is to undertake co-lending activities to support the MSMEs.

As per the information received from Directorate General of Commercial Intelligence and Statistics, the share of export of specified MSME related products to All India exports during 2019-20 and 2020-21 was 49.8% and 49.4% respectively.

Loans for an amount of Rs 2.82 lakh crore have been sanctioned as on November 12 this year under the collateral-free loan scheme for micro, small and medium enterprises (MSMEs).

As on November 30, 2021, the total ₹ 638.21 Crore raised through SME IPO in India and total 47 Companies were listed. Out of these 47 companies, 18 companies listed on NSE Emerge Platform, 24 companies listed on BSE SME Platform and 5 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed and Migrated to Main Board

Detailed Report on SME Initial Public Offer (IPO) for November, 2021

Name of Company	Kotyark Industries Limited	Nidan Laboratories and Healthcare Limited	Suyog Gurbaxani Funicular Ropeways Limited	Omnipotent Industries Limited
Date of Listing	02-Nov-2021	12-Nov-2021	16-Nov-2021	29-Nov-2021
Stock Exchange where listed	NSE Emerge	NSE Emerge	BSE SME	BSE SME
Industry	Renewable Energy	Healthcare	Construction & Engineering	Refineries/ Petro-Products
State	Gujarat	Maharashtra	Maharashtra	Maharashtra
Issue Size	11.26 Crore	50 Crore	29.50 Crore	18.90 Crore
Market Lot/ Min Order Quantity	2000	1000	3000	2000
No. of Times Subscribe	7.15	1.80	1.27	1.17
Lead Manager	Beeline Broking Limited	First Overseas Capital Limited	Aryaman Financial Services Limited	Inventure Merchant Banker Services Private Limited
IPO price	₹ 51/-	₹  125/-	₹  45/-	₹  63/-
Open on Listing Date	₹ 48.45/-	₹  117.75/-	₹  45.45/-	₹  99/-
52 Wk High	₹ 112.60/-	₹ 123.90/-	₹ 48/-	₹ 99/-
52 Wk Low	₹ 43.50/-	₹ 51.60/-	₹ 45.10/-	₹ 62.60/-
Closing Price as on 30-11-2021	₹ 99.30/-	₹ 60.30/-	₹ 45.15/-	₹ 89.35/-
Market Capitalization as on 30-11-2021	82.17 Crore	83.82 Crore	112.25 Crore	54.06 Crore

Comparison of Listed Companies with BSE SME IPO Index and NIFTY SME Emerge Index

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1.	Clara Industries Limited	29-Nov-2021	Uttar Pradesh	BSE SME
2.	SBS Food Courts Limited	29-Nov-2021	Maharashtra	NSE Emerge
3.	Fabino Life Sciences Limited	26-Nov-2021	Delhi	BSE SME
4.	Richa Info Systems Limited	24-Nov-2021	Gujarat	NSE Emerge
5.	Global Longlife Hospital And Research Limited	20-Nov-2021	Gujarat	NSE Emerge

Bonus Issue

Sr. No.	Name of the Company	No. of Securities Issued	Allotment Date	Ratio
1.	Crown Lifters Limited	8328000	21-Oct-2021	4:1

Companies Migrated to Main Board of Exchange in November, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1.	Rajshree Polypack Limited	26-Nov-2021	Maharashtra	NSE
2.	Dhruv Consultancy Services Limited	25-Nov-2021	Maharashtra	BSE
3.	Sarthak Metals Limited	25-Nov-2021	Chhattisgarh	BSE
4.	Focus Lighting and Fixtures Limited	24-Nov-2021	Maharashtra	NSE
5.	SBC Exports Limited	23-Nov-2021	Uttar Pradesh	BSE
6.	Marshall Machines Limited	22-Nov-2021	Punjab	NSE
7.	Laxmi Cotspin Limited	12-Nov-2021	Maharashtra	NSE
8.	ANG Lifesciences India Limited	08-Nov-2021	Punjab	BSE
9.	IRIS Business Services Limited	08-Nov-2021	Maharashtra	BSE
10.	SPS Finquest Limited	02-Nov-2021	Maharashtra	BSE
11.	Starlineps Enterprises Limited	02-Nov-2021	Gujarat	BSE
12.	Kranti Industries Limited	02-Nov-2021	Maharashtra	BSE

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 31-10-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Rajshree Polypack Limited	26-Nov-21	228.4	194.9	-33.5	-14.67%
2	Focus Lighting and Fixtures Limited	24-Nov-21	81.25	78.1	-3.15	-3.88%
3	Marshall Machines Limited	22-Nov-21	36.2	63.05	26.85	74.17%
4	Laxmi Cotspin Limited	12-Nov-21	26	22.3	-3.7	-14.23%
5	Sikko Industries Limited	22-Oct-21	36.8	50.45	13.65	37.09%
6	Pansari Developers Limited	18-Oct-21	55	168.05	113.05	205.55%
7	Art Nirman Limited	18-Oct-21	31.15	120.5	89.35	286.84%
8	Airo Lam limited	13-Oct-21	83.4	55.3	-28.1	-33.69%
9	Euro India Fresh Foods Limited	12-Oct-21	135	129.15	-5.85	-4.33%
10	Lagnam Spintex Limited	30-Sep-21	42.95	47.2	4.25	9.90%
11	Par Drugs And Chemicals Limited	16-Sep-21	136.1	191.25	55.15	40.52%
12	Shanti Overseas (India) Limited	16-Sep-21	22.7	20.85	-1.85	-8.15%
13	Ganga Forging Limited	06-Jul-21	95.15	18.7	-76.45	-80.35%
14	Hindcon Chemicals Limited	05-Jul-21	39.8	56.3	16.5	41.46%
15	Moksh Ornaments Limited	21-May-21	67.35	39	-28.35	-42.09%
16	Ajooni Biotech Limited	07-May-21	42	58.75	16.75	39.88%
17	Tembo Global Industries Limited	23-Apr-21	107.8	284.8	177	164.19%
18	Nitiraj Engineers Limited	22-Apr-21	43.2	64.05	20.85	48.26%
19	Arvee Laboratories (India) Limited	22-Mar-21	43.55	76.45	32.9	75.55%
20	Silgo Retail Limited	03-Mar-21	53.8	32.55	-21.25	-39.50%
21	Iris Clothings Limited	22-Feb-21	59	212.75	153.75	260.59%
22	AKG Exim Limited	16-Feb-21	97.8	35.2	-62.6	-64.01%
23	Rajnandini Metal Limited	16-Feb-21	31.05	153.4	122.35	394.04%
24	Ahlada Engineers Limited	28-Jan-21	70	139.5	69.5	99.29%
25	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	249	156.9	170.36%

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 31-10-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Dhruv Consultancy Services Limited	25-Nov-21	66	67.8	1.8	2.73%
2	Sarthak Metals Limited	25-Nov-21	94.85	105.05	10.2	10.75%
3	SBC Exports Limited	23-Nov-21	71.05	111.15	40.1	56.44%
4	ANG Lifesciences India Limited	08-Nov-21	726.5	497.25	-229.25	-31.56%
5	IRIS Business Services Limited	08-Nov-21	143.45	125.7	-17.75	-12.37%
6	SPS Finquest Limited	02-Nov-21	73.7	81.55	7.85	10.65%
7	Starlineps Enterprises Limited	02-Nov-21	49.1	52.6	3.5	7.13%
8	Kranti Industries Limited	02-Nov-21	34.1	38.2	4.1	12.02%
9	Vaksons Automobiles Limited	18-Oct-21	45	43.75	-1.25	-2.78%
10	Anand Rayons Limited	14-Oct-21	113.9	200.1	86.2	75.68%
11	Meera Industries Limited	01-Oct-21	85.1	78.15	-6.95	-8.17%
12	Earum Pharmacuticals Limited	16-Sep-21	122	70.35	-51.65	-42.34%
13	Nakoda Group of Industries Limited	20-Aug-21	60	116.6	56.6	94.33%
14	Veeram Securities Limited	06-Aug-21	52.05	119.7	67.65	129.97%
15	K.P.I. Global Infrastructure Limited	27-Jul-21	115.2	238.1	122.9	106.68%
16	Manorama Industries Limited	20-Jul-21	1,726.90	1,370.95	-355.95	-20.61%
17	Ashapuri Gold Ornament Limited	16-Jul-21	43.6	64.6	21	48.17%
18	Raw Edge Industrial Solutions Limited	12-Jul-21	32.15	23.2	-8.95	-27.84%
19	White Organic Retail Limited	30-Jun-21	107.3	260.5	153.2	142.78%
20	Ratnabhumi Developers Limited	30-Jun-21	71.85	72.4	0.55	0.77%
21	S. M. Gold Limited	17-Jun-21	85.6	219.1	133.5	155.96%
22	Anmol India Limited	04-Jun-21	175.25	170.1	-5.15	-2.94%
23	Shubham Polyspin Limited	31-May-21	75.35	135.8	60.45	80.23%
24	Vishal Bearings Limited	31-May-21	27.7	55.15	27.45	99.10%
25	Sharika Enterprises Limited	31-May-21	50.05	9.68	-40.37	-80.66%
26	Sylph Education Solutions Limited	22-Apr-21	–	–	–	–
27	Deep Polymers Limited	12-Mar-21	70.95	447.5	376.55	530.73%
28	Aditya Vision Limited	15-Jan-21	31.9	756.5	724.6	2271.47%
29	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	44.25	-58.7	-57.02%

Performance of Market Maker as on 30-11-2021

S r. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	474.37	5
2	Beeline Broking Limited	114.03	4
3	Gretex Share Broking Private Limited	231.65	3
4	Harjivandas Nemidas Securities Private Limited	25.20	1
5	Hem Finlease Private Limited	474.10	6
6	Intellect Stock Broking Limited	25.84	1
7	Maverick Share Brokers Private Limited	69.12	1
8	New Berry Capitals Private Limited	31.20	1
9	Nikunj Stock Brokers Limited	296.95	9
10	NNM Securities Private Limited	344.64	5
11	Pentagon Stock Brokers Private Limited	117.00	1
12	Rikhav Securities Limited	864.07	5
13	SERNET Financial Services Private Limited	130.32	2
14	Shreni Shares Private Limited	36.88	2
15	Sunflower Broking Private Limited	99.28	2

Performance of Merchant Banker as on 30-11-2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	96.14	6
2	Beeline Broking Limited	56.20	7
3	Fedex Securities Private Limited	151.93	4
4	Gretex Corporate Services Limited	45.90	3
5	Fast Track Finsec Private Limited	2.37	1
6	Finshore Management Services Limited	31.12	3
7	First Overseas Capital Limited	61.72	3
8	Hem Securities Limited	91.15	6
9	Holani Consultants Private Limited	13.70	1
10	Inventure Merchant Banker Services Private Limited	29.99	3
11	Mark Corporate Advisors Private Limited	4.98	1
12	Navigant Corporate Advisors Limited	7.46	2
13	Pantomath Capital Advisors Private Limited	23.40	1
14	Shreni Shares Private Limited	7.18	2
15	Turnaround Corporate Advisors Private Limited	2.00	1
16	Unistone Capital Private Limited	8.98	2
17	GYR Capital Advisors Limited	3.99	1

State Wise Fund Raise Through SME IPO AS ON 30-11-2021

Exchange wise Fund Raise Through SME IPO AS ON 30-11-2021

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.

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SME Newsletter #SMEIPO #SME NEWS #BSE #NSE #startUp India #MSME India #Beeline SME Newsletter #Monthly SME News #Bonus Issue #Migration to main board #DPITT #BSE StartUp #Preferential Issue #NIFTY SME Emerge #BSE SME IPO Index #Merchant Banker #Market Maker #Fund raising #SME India

Udyam portal (Registration for MSME) completes 5 million registrations.

The government has extended the ₹ 20,000 crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) for stressed small businesses by six months to March 31, 2022.

The scheme had targeted support for 200,000 pandemic-hit MSMEs that were stressed and nonperforming accounts as of April 30, 2020, and eligible for restructuring as per Reserve Bank of India guidelines.

Jupitice Justice Technologies, which developed India’s first digital court, has now come up with a customized MSME court (Micro, small, and medium-sized business court) to resolve the disputes in the small to mid-level businesses. The MSME Digital court developed by Jupitice will help the SME owners to resolve their commercial disputes through various ADR Mechanism i.e. Arbitration, Conciliation, Mediation among others.

As on September 30, 2021, the total ₹ 420.58 Crore raised through SME IPO in India and total 32 Companies were listed. Out of these 32 companies, 11 companies listed on NSE Emerge Platform, 17 companies listed on BSE SME Platform and 4 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed

Detailed Report on SME Initial Public Offer (IPO) for September, 2021

Name of Company	Aashka Hospitals Limited	Naapbooks Limited	BEW Engineering Limited	Platinumone Business Services Limited
Date of Listing	01-Sep-21	15-Sep-21	16-Sep-21	16-Sep-21
Stock Exchange where listed	BSE	BSE StartUp	NSE	BSE
Industry	Healthcare Facilities	IT Consulting & Software	Pharmaceutical & Chemical	BPO/KPO
State	Gujarat	Gujarat	Maharashtra	Maharashtra
Issue Size	101.64 Crore	3.99 Crore	3.96 Crore	3.89 Crore
Market Lot/ Min Order Quantity	1000	1600	2000	1200
No. of Times Subscribe	1.30	1.58	21.65	2.99
Lead Manager	Fedex Securities Private Limited	GYR Capital Advisors Limited	First Overseas Capital Limited	Gretex Corporate Services Limited
IPO price	₹ 121/-	₹ 74/-	₹ 58/-	₹ 92/-
Open on Listing Date	₹ 121.10/-	₹ 77.00/-	₹ 127.60/-	₹ 99.95/-
52 Wk High	₹ 121.10/-	₹ 77.70/-	₹ 319.45/-	₹ 221.55/-
52 Wk Low	₹ 45.75/-	₹ 58.60/-	₹ 127.60/-	₹ 99.95/-
Closing Price as on 30-09-2021	₹ 50/-	₹ 61.00/-	₹ 228.15/-	₹ 116.00/-
Market Capitalization as on 30-09-2021	117 Crore	11.33 Crore	15.60 Crore	18.35 Crore

Name of Company	Markolines Traffic Controls Limited	Prevest Denpro Limited	SBL Infratech Limited	Quadpro Ites Limited
Date of Listing	27-Sep-21	27-Sep-21	28-Sep-21	30-Sep-21
Stock Exchange where listed	BSE	BSE	BSE	NSE
Industry	Construction & Engineering	Healthcare Supplies	Realty	IT & ITES
State	Maharashtra	Jammu and Kashmir	Delhi	Karnataka
Issue Size	39.99 Crore	26.61 Crore	2.37 Crore	14.1 Crore
Market Lot/ Min Order Quantity	1600	1600	1200	6000
No. of Times Subscribe	2.18	38.12	1.56	16.12
Lead Manager	Gretex Corporate Services Limited	Hem Securities Limited	Fast Track Finsec Private Limited	Beeline Broking Limited
IPO price	₹ 78/-	₹ 84/-	₹ 111/-	₹ 20/-
Open on Listing Date	₹ 62.20/-	₹ 180.55/-	₹ 130.00/-	₹ 19.80/-
52 Wk High	₹ 82/-	₹ 288.60/-	₹ 130.00/-	₹ 20.00/-
52 Wk Low	₹ 59.10/-	₹ 170.65/-	₹ 95.40/-	₹ 16.75/-
Closing Price as on 30-09-2021	₹ 69.30/-	₹ 179.60/-	₹ 125.00/-	₹ 19.85/-
Market Capitalization as on 30-09-2021	132.41 Crore	215.57 Crore	10.14 Crore	50.17 Crore

Comparison of Listed Companies with BSE SME IPO Index and NIFTY SME Emerge Index

BSE SME IPO Index with BSE Listed Companies

NIFTY SME Emerge Index with NSE Listed Companies

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1	Cool Caps Industries Limited	30-Sep-21	West Bengal	NSE
2	Omnipotent Industries Limited	30-Sep-21	Maharashtra	BSE
3	Vivek Pharmachem (India) Limited	30-Sep-21	Rajasthan	NSE
4	Shashwat Furnishing Solutions Limited	29-Sep-21	Rajasthan	BSE
5	Brandbucket Media & Technology Limited	28-Sep-21	Maharashtra	BSE
6	Jeena Sikho Lifecare Limited	27-Sep-21	Punjab	NSE
7	Maks Energy Solutions India Limited	27-Sep-21	Maharashtra	NSE
8	Precision Metaliks Limited	27-Sep-21	Telangana	NSE
9	Bombay Metrics Supply Chain Limited	17-Sep-21	Maharashtra	NSE
10	Foce India Limited	16-Sep-21	Maharashtra	NSE
11	Promax Power Limited	16-Sep-21	Punjab	BSE
12	Kotyark Industries Limited	14-Sep-21	Gujarat	NSE
13	Destiny Logistics & Infra Limited	13-Sep-21	West Bengal	NSE
14	Dynamic Services & Security Limited	10-Sep-21	West Bengal	NSE
15	CWD LIMITED	06-Sep-21	Maharashtra	BSE StartUp

Employee Stock Option Plan

Sr. No.	Name of the Company	Exchange	Listing Date	Date of Allotment	No. of Shares	Par value
1.	Softtech Engineers Limited	NSE	17-Sep-2021	04-Sep-2021	21416	10

Companies Migrated to Main Board of Exchange in September, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1	Lagnam Spintex Limited	30-Sep-21	Rajasthan	NSE
2	Par Drugs And Chemicals Limited	16-Sep-21	Gujarat	NSE
3	Shanti Overseas (India) Limited	16-Sep-21	Madhya Pradesh	NSE
4	Earum Pharmacuticals Limited	16-Sep-21	Gujarat	BSE

Bonus Issue

Sr. No.	Name of the Company	No. of Securities Issued	Allotment Date	Ratio
1	HEC Infra Projects Limited	81,10,528	09-Oct-2021	4:1
2	Kshitij Polyline Limited	14,47,130	24-Aug-2021	1:6
3	Ksolves India Limited	59,28,000	09-Sept-2021	1:1
4	Thejo Engineering Limited	3,839	09-Sept-2021	1:1

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 30-09-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Lagnam Spintex Limited	30-Sep-21	42.95	45.05	2.1	4.89%
2	Par Drugs And Chemicals Limited	16-Sep-21	136.1	210.45	74.35	54.63%
3	Shanti Overseas (India) Limited	16-Sep-21	22.7	20.65	-2.05	-9.03%
4	Ganga Forging Limited	06-Jul-21	95.15	15.1	-80.05	-84.13%
5	Hindcon Chemicals Limited	05-Jul-21	39.8	63.45	23.65	59.42%
6	Moksh Ornaments Limited	21-May-21	67.35	40.1	-27.25	-40.46%
7	Ajooni Biotech Limited	07-May-21	42	55.85	13.85	32.98%
8	Tembo Global Industries Limited	23-Apr-21	107.8	323.6	215.8	200.19%
9	Nitiraj Engineers Limited	22-Apr-21	43.2	42.45	-0.75	-1.74%
10	Arvee Laboratories (India) Limited	22-Mar-21	43.55	88	44.45	102.07%
11	Silgo Retail Limited	03-Mar-21	53.8	33.45	-20.35	-37.83%
12	Iris Clothings Limited	22-Feb-21	59	180	121	205.08%
13	AKG Exim Limited	16-Feb-21	97.8	24.9	-72.9	-74.54%
14	Rajnandini Metal Limited	16-Feb-21	31.05	133.65	102.6	330.43%
15	Ahlada Engineers Limited	28-Jan-21	70	141.25	71.25	101.79%
16	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	256	163.9	177.96%

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 30-09-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Earum Pharmacuticals Limited	16-Sep-21	122	112.3	-9.7	-7.95%
2	Nakoda Group of Industries Limited	20-Aug-21	60	116.55	56.55	94.25%
3	Veeram Securities Limited	06-Aug-21	52.05	126.40	74.35	142.84%
4	K.P.I. Global Infrastructure Limited	27-Jul-21	115.2	128.45	13.25	11.50%
5	Manorama Industries Limited	20-Jul-21	1,726.90	1,487.00	-239.9	-13.89%
6	Ashapuri Gold Ornament Limited	16-Jul-21	43.6	38.00	-5.6	-12.84%
7	Raw Edge Industrial Solutions Limited	12-Jul-21	32.15	34.45	2.3	7.15%
8	White Organic Retail Limited	30-Jun-21	107.3	278.05	170.75	159.13%
9	Ratnabhumi Developers Limited	30-Jun-21	71.85	62.20	-9.65	-13.43%
10	S. M. Gold Limited	17-Jun-21	85.6	164.10	78.5	91.71%
11	Anmol India Limited	04-Jun-21	175.25	156.80	-18.45	-10.53%
12	Shubham Polyspin Limited	31-May-21	75.35	143.75	68.4	90.78%
13	Vishal Bearings Limited	31-May-21	27.7	31.50	3.8	13.72%
14	Sharika Enterprises Limited	31-May-21	50.05	9.08	-40.97	-81.86%
15	Sylph Education Solutions Limited	22-Apr-21	11.25	11.25	0	0.00%
16	Deep Polymers Limited	12-Mar-21	70.95	208.65	137.7	194.08%
17	Aditya Vision Limited	15-Jan-21	31.9	856.05	824.15	2583.54%
18	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	50.45	-52.5	-51.00%

Performance of Market Maker as on 30-09-2021

S r. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	233.80	3
2	Beeline Broking Limited	114.03	4
3	Gretex Share Broking Private Limited	231.65	3
4	Harjivandas Nemidas Securities Private Limited	25.20	1
5	Hem Finlease Private Limited	310.30	4
6	Intellect Stock Broking Limited	25.84	1
7	Maverick Share Brokers Private Limited	69.12	1
8	New Berry Capitals Private Limited	31.20	1
9	Nikunj Stock Brokers Limited	99.17	5
10	NNM Securities Private Limited	83.64	3
11	Pentagon Stock Brokers Private Limited	117.00	1
12	Rikhav Securities Limited	841.75	4
13	SERNET Financial Services Private Limited	34.56	1
14	Shreni Shares Private Limited	10.65	1

Performance of Merchant Banker As on 30-09-2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	48.63	4
2	Beeline Broking Limited	28.89	4
3	Fedex Securities Private Limited	151.93	4
4	Gretex Corporate Services Limited	45.90	3
5	Fast Track Finsec Private Limited	2.37	1
6	First Overseas Capital Limited	11.72	2
7	Hem Securities Limited	59.82	4
8	Holani Consultants Private Limited	13.70	1
9	Inventure Merchant Banker Services Private Limited	11.09	2
10	Mark Corporate Advisors Private Limited	4.98	1
11	Navigant Corporate Advisors Limited	7.46	2
12	Pantomath Capital Advisors Private Limited	23.4	1
13	Shreni Shares Private Limited	2.00	1
14	Unistone Capital Private Limited	4.70	1
15	GYR Capital Advisors Limited	3.99	1

State Wise Fund Raise Through SME IPO AS ON 30-09-2021

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.

Disclaimer: https://www.beelinebroking.com/disclaimer.html

MSMEs, which account for 90-95 per cent of re-rollers, were hit harder by the pandemic, owing to low export potential, logistical and labour issues in the first quarter of FY21.

Indian steel industry’s revenue to rise 50-60 per cent year on year in the current fiscal year (FY22), driven by 15-17 per cent growth in domestic demand and soaring realisations. But micro, small and medium enterprises (MSMEs) are likely to see lower growth, as they have a higher share of long steel in the product mix.

Four industrial estates will be established in Madurai district at a total cost of ₹218.22 crore by the Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO). Minister for Rural Industries T.M. Anbarasan said the estates were being set up to ensure balanced industrial growth in all regions, and they were expected to generate over 7,000 jobs.

A credit camp for micro, small and medium enterprises to create awareness of the various products was organised by Punjab National Bank (PNB) at the MSME Development Institute, Balanagar in the month of August.

As on August 31, 2021, the total 224.01 Crore raised through SME IPO in India and total 24 Companies were listed. Out of these 24 companies, 9 companies listed on NSE Emerge Platform, 12 companies listed on BSE SME Platform and 3 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed

Detailed Report on SME Initial Public Offer (IPO) for August, 2021

Name of Company	Gretex Corporate Services Limited	Rex Pipes and Cables Industries Limited	Network People Services Technologies Limited	DU Digital Technologies Limited
Date of Listing	09-Aug-2021	10-Aug-2021	10-Aug-2021	26-Aug-2021
Stock Exchange where listed	BSE SME	NSE EMERGE	NSE EMERGE	NSE EMERGE
Industry	Other Financial Services	Electrical Machinery Industry	IT Industry	Service Industry
State	Maharashtra	Rajasthan	Uttar Pradesh	Delhi
Issue Size	5.12 Crore	6.24 Crore	13.69 Crore	4.48 Crore
Market Lot/ Min Order Quantity	800	4000	1600	2000
No. of Times Subscribe	7.27	23.99	22.37	22.99
Lead Manager	Aryaman Financial Services Limited	Navigant Corporate Advisors Limited	Holani Consultants Private Limited and BOI Merchant Banker Limited	Hem Securities Limited
IPO price	₹  170/-	₹ 26/-	₹ 80/-	₹ 65/-
Open on Listing Date	₹ 172/-	₹ 26.70/-	₹ 83.95/-	₹ 60/-
52 Wk High	₹ 210/-	₹ 41.85/-	₹ 83.95/-	₹ 97.50/-
52 Wk Low	₹ 169/-	₹ 25.50/-	₹ 67/-	₹ 57/-
Closing Price as on 31-08-2021	₹ 188/-	₹ 26.40/-	₹ 67.80/-	₹ 72.90/-
Market Capitalization as on 31-08-2021	21.38 Crore	22.70 Crore	43.81 Crore	18.95 Crore

Comparison Of Listed Companies with BSE SME IPO Index and NSE SME Emerge Index

Companies Migrated to Main Board of Exchange in August, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1	Nakoda Group of Industries Limited	20-Aug-2021	Maharashtra	BSE
2	Veeram Securities Limited	06-Aug-2021	Telangana	BSE

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1	D.K. Enterprises Global Limited	09-Aug-2021	Haryana	NSE Emerge
2	Quadpro Ites Limited	09-Aug-2021	Karnataka	NSE Emerge
3	Samor Reality Limited	20-Aug-2021	Gujarat	BSE SME
4	VIVO Collaboration Solutions Limited	20-Aug-2021	Delhi	NSE Emerge
5	Markolines Traffic Controls Limited	29-Aug-2021	Maharashtra	BSE SME
6	Jainam Ferro Alloys (I) Limited	30-Aug-2021	Chhattisgarh	NSE Emerge

Changes In Market Lot

Sr. No.	Name of the Company	Exchange	Effective Date	Old Market Lot	New Market Lot	Purpose of Change
1	Thejo Engineering Limited	NSE	06-Sep-2021	100	50	ESOP
2	Beta Drugs Limited	NSE	24-Sep-2021	800	400	—
3	Kshitij Polyline Limited	NSE	03-Aug-2021	4000	4666	Bonus Issue

Employee Stock Option Plan

Sr. No.	Name of the Company	Exchange	Listing Date	Date of Allotment	No. of Shares	Par value	Exercise Price per share
1.	Thejo Engineering Limited	NSE	09-Aug-2021	31-Jul-2021	626	Rs. 10/-	Rs. 423/-

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 31-08-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Ganga Forging Limited	06-Jul-21	95.15	140.45	45.3	47.61%
2	Hindcon Chemicals Limited	05-Jul-21	39.8	61.85	22.05	55.40%
3	Moksh Ornaments Limited	21-May-21	67.35	33.9	-33.45	-49.67%
4	Ajooni Biotech Limited	07-May-21	42	52.05	10.05	23.93%
5	Tembo Global Industries Limited	23-Apr-21	107.8	252.85	145.05	134.55%
6	Nitiraj Engineers Limited	22-Apr-21	43.2	47.75	4.55	10.53%
7	Arvee Laboratories (India) Limited	22-Mar-21	43.55	94	50.45	115.84%
8	Silgo Retail Limited	03-Mar-21	53.8	33.85	-19.95	-37.08%
9	Iris Clothings Limited	22-Feb-21	59	177.55	118.55	200.93%
10	AKG Exim Limited	16-Feb-21	97.8	25.25	-72.55	-74.18%
11	Rajnandini Metal Limited	16-Feb-21	31.05	205.05	174	560.39%
12	Ahlada Engineers Limited	28-Jan-21	70	157.4	87.4	124.86%
13	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	228.35	136.25	147.94%

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 31-08-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Nakoda Group of Industries Limited	20-Aug-21	60	64.80	4.8	8.00%
2	Veeram Securities Limited	06-Aug-21	52.05	97.00	44.95	86.36%
3	K.P.I. Global Infrastructure Limited	27-Jul-21	115.2	136.45	21.25	18.45%
4	Manorama Industries Limited	20-Jul-21	1,726.90	1,504.50	-222.4	-12.88%
5	Ashapuri Gold Ornament Limited	16-Jul-21	43.6	37.80	-5.8	-13.30%
6	Raw Edge Industrial Solutions Limited	12-Jul-21	32.15	30.95	-1.2	-3.73%
7	White Organic Retail Limited	30-Jun-21	107.3	293.65	186.35	173.67%
8	Ratnabhumi Developers Limited	30-Jun-21	71.85	64.10	-7.75	-10.79%
9	S. M. Gold Limited	17-Jun-21	85.6	137.00	51.4	60.05%
10	Anmol India Limited	04-Jun-21	175.25	205.15	29.9	17.06%
11	Shubham Polyspin Limited	31-May-21	75.35	134.65	59.3	78.70%
12	Vishal Bearings Limited	31-May-21	27.7	33.95	6.25	22.56%
13	Sharika Enterprises Limited	31-May-21	50.05	9.05	-41	-81.92%
14	Sylph Education Solutions Limited	22-Apr-21	11.25	11.25	0	0.00%
15	Deep Polymers Limited	12-Mar-21	70.95	161.70	90.75	127.91%
16	Aditya Vision Limited	15-Jan-21	31.9	878.75	846.85	2654.70%
17	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	52.15	-50.8	-49.34%

Performance of Market Maker as on 31-08-2021

S r. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	233.80	3
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	175.90	3
6	Intellect Stock Broking Limited	25.84	1
7	Maverick Share Brokers Private Limited	69.12	1
8	New Berry Capitals Private Limited	31.20	1
9	Nikunj Stock Brokers Limited	87.18	4
10	NNM Securities Private Limited	62.76	2
11	Pentagon Stock Brokers Private Limited	117.00	1
12	Rikhav Securities Limited	260.95	3
13	SERNET Financial Services Private Limited	34.56	1
14	Shreni Shares Private Limited	10.65	1

Performance of Merchant Banker AS ON 31-08-2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	48.63	4
2	Beeline Broking Limited	14.79	3
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	33.21	3
7	Holani Consultants Private Limited	13.70	1
8	Inventure Merchant Banker Services Private Limited	11.09	2
9	Mark Corporate Advisors Private Limited	4.98	1
10	Navigant Corporate Advisors Limited	7.46	2
11	Pantomath Capital Advisors Private Limited	23.4	1
12	Shreni Shares Private Limited	2.00	1
13	Unistone Capital Private Limited	4.70	1

State Wise Fund Raise Through SME IPO AS ON 31-08-2021

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.

Disclaimer: https://www.beelinebroking.com/disclaimer.html

India’s micro, small and medium enterprises (MSMEs) sector has been at the centre of attention for a long time now. There are more than 63 million MSMEs, which employ around 110 people and form a key pillar of the Indian economy. However, 99% of the companies remain micro in their life cycle.

India is one of the major players in auto components, SMEs have thrived in the auto sector. India is the largest auto industry in the world and makes 25.3 million vehicles, against 17.5 million in the US and 12.6 million in Europe.

SME’s are playing a crucial role in fulfiling Hon. Prime Minister Narendra Modi’s aim of making India ‘atmanirbhar’ (self-reliant). Since the outbreak of the COVID-19 pandemic in the country, India has realised the potential of this crucial sector, allowing the Centre and state governments to work in tandem to boost the economy.

Several entrepreneurs and businessmen have also emerged throughout the country, providing employment and job opportunities to lakhs of people across India amid the unprecedented times of COVID-19. Thus, Jagran New Media has decided to honour such entrepreneurs and businessmen through Naya Bharat SME Awards 2021.

The BSE Limited is aiming at listing some 60 companies on the SME platform this fiscal, backed by the ongoing bull run in the market and relaxation in eligibility criteria.

As on July 31, 2021, the total 194.46 Crore raised through SME IPO in India and total 20 Companies were listed. Out of these 20 companies, 6 companies listed on NSE Emerge Platform, 11 companies listed on BSE SME Platform and 3 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed

Detailed Report on SME Initial Public Offer (IPO) for July, 2021

Name of Company	Focus Business Solution Limited	Walpar Nutritions Limited	AA Plus Tradelink Limited
Date of Listing	13-July-2021	13-July-2021	22-July-2021
Stock Exchange where listed	BSE SME	NSE Emerge	BSE SME
Industry	IT Consulting & Software	Pharmaceutical	Comm. Trading & Distribution
State	Gujarat	Gujarat	Maharashtra
Issue Size	1.21 Crore	6.6 Crore	6.48 Crore
Market Lot/ Min Order Quantity	6000	2000	8000
No. of Times Subscribe	6.66	9.48	1.46
Lead Manager	Navigant Corporate Advisors Limited	Beeline Broking Limited	Inventure Merchant Banker Services Private Limited
IPO price	₹  19/-	₹ 55/-	₹ 18/-
Open on Listing Date	₹ 29.35/-	₹ 59.95/-	₹ 17.50/-
52 Wk High	₹ 29.35/-	₹ 62.85/-	₹ 17.50/-
52 Wk Low	₹ 14.90/-	₹ 32.50/-	₹ 8.22/-
Closing Price as on 31-07-2021	₹ 19.40/-	₹ 39.10/-	₹ 13/-
Market Capitalization as on 31-07-2021	4.31 Crore	17.76 Crore	10.61 Crore

Comparison Of Listed Company with BSE SME IPO Index and NIFTY NSE Emerge Index

Companies Migrated to Main Board of Exchange in July, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1	K.P.I. Global Infrastructure Limited	27-Jul-2021	Gujarat	BSE
2	Manorama Industries Limited	20-Jul-2021	Maharashtra	BSE
3	Ashapuri Gold Ornament Limited	16-Jul-2021	Gujarat	BSE
4	Raw Edge Industrial Solutions Limited	12-Jul-2021	Maharashtra	BSE
5	Ganga Forging Limited	06-Jul-2021	Gujarat	NSE
6	Hindcon Chemicals Limited	05-Jul-2021	West Bengal	NSE

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1	DU Digital Technologies Limited	12-Jul-2021	Delhi	NSE EMERGE

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 31-07-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Ganga Forging Limited	06-Jul-21	95.15	113.1	17.95	18.86%
2	Hindcon Chemicals Limited	05-Jul-21	39.8	74.55	34.75	87.31%
3	Moksh Ornaments Limited	21-May-21	67.35	29.7	-37.65	-55.90%
4	Ajooni Biotech Limited	07-May-21	42	60.55	18.55	44.17%
5	Tembo Global Industries Limited	23-Apr-21	107.8	206.1	98.3	91.19%
6	Nitiraj Engineers Limited	22-Apr-21	43.2	49.8	6.6	15.28%
7	Arvee Laboratories (India) Limited	22-Mar-21	43.55	108.6	65.05	149.37%
8	Silgo Retail Limited	03-Mar-21	53.8	38.6	-15.2	-28.25%
9	Iris Clothings Limited	22-Feb-21	59	186.15	127.15	215.51%
10	AKG Exim Limited	16-Feb-21	97.8	25.8	-72	-73.62%
11	Rajnandini Metal Limited	16-Feb-21	31.05	176.3	145.25	467.79%
12	Ahlada Engineers Limited	28-Jan-21	70	215.8	145.8	208.29%
13	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	199.95	107.85	117.10%

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 31-07-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	K.P.I. Global Infrastructure Limited	27-Jul-21	115.2	134.7	19.5	16.93%
2	Manorama Industries Limited	20-Jul-21	1,726.90	1,667.75	-59.15	-3.43%
3	Ashapuri Gold Ornament Limited	16-Jul-21	43.6	41.8	-1.8	-4.13%
4	Raw Edge Industrial Solutions Limited	12-Jul-21	32.15	36.85	4.7	14.62%
5	White Organic Retail Limited	30-Jun-21	107.3	313	205.7	191.71%
6	Ratnabhumi Developers Limited	30-Jun-21	71.85	79.65	7.8	10.86%
7	S. M. Gold Limited	17-Jun-21	85.6	107.5	21.9	25.58%
8	Anmol India Limited	04-Jun-21	175.25	167.65	-7.6	-4.34%
9	Shubham Polyspin Limited	31-May-21	75.35	122.9	47.55	63.11%
10	Vishal Bearings Limited	31-May-21	27.7	35.5	7.8	28.16%
11	Sharika Enterprises Limited	31-May-21	50.05	22.35	-27.7	-55.34%
12	Sylph Education Solutions Limited	22-Apr-21	11.25	11.25	0	0.00%
13	Deep Polymers Limited	12-Mar-21	70.95	129.7	58.75	82.80%
14	Aditya Vision Limited	15-Jan-21	31.9	1,415.20	1383.3	4336.36%
15	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	53.9	-49.05	-47.64%

Performance of Market Maker as on 31-07-2021

Sr. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	233.80	3
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	87.18	4
7	NNM Securities Private Limited	62.76	2
8	Pentagon Stock Brokers Private Limited	117.00	1
9	Rikhav Securities Limited	260.95	3
10	SERNET Financial Services Private Limited	34.56	1
11	Shreni Shares Private Limited	10.65	1

Performance of Merchant Banker AS ON 31-07-2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	43.50	3
2	Beeline Broking Limited	14.79	3
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.	Inventure Merchant Banker Services Private Limited	11.09	2
8.	Mark Corporate Advisors Private Limited	4.98	1
9.	Navigant Corporate Advisors Limited	1.21	1
10.	Pantomath Capital Advisors Private Limited	23.4	1
11.	Shreni Shares Private Limited	2.00	1
12.	Unistone Capital Private Limited	4.70	1

State Wise Fund Raise Through SME IPO AS ON 31-07-2021

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.

Disclaimer: https://www.beelinebroking.com/disclaimer.html

India SME Expands Its Fintech Portfolio with ₹ 60 Cr Investment in KreditBee. KreditBee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks.

The United Nations commemorates 27th June as World Micro, Small and Medium Enterprises (MSMEs) Day. MSMEs continue to be heavily impacted by the COVID-19 pandemic. Some firms have been able to do well by stepping up to supply pandemic response goods, including Personal Protective Equipment, pharmaceuticals and lower cost medical devices, and services, particularly digital services. Most firms have been able to cushion the adverse impacts by going virtual and accelerating their transition to e-commerce. Nevertheless, across the board, MSMEs are reeling under the pandemic with widespread losses in terms of sales, profits and employment.

UNIDO conducted survey with India SME Forum during April-May 2021 a firm level survey, completed by 438 Indian firms. 61% of respondents reported declined sales, against 14% reporting increased sales. 38% reported declines in sales by 50% or more, or in other words, one in three firms reportedly had lost at least half of its sales. The picture on profits is near identical, 51% reports a decline in profits against 8% reporting an increase. 33% reported a decrease in profits by 50% or more, or more, or again, one in three firms reportedly had lost at least half of its profits.

During, the half year ended June 30, 2021, the total 180.16 Crore raised through SME IPO and total 17 Companies were listed. Out of these 17 companies, 5 companies listed on NSE Emerge Platform, 9 companies listed on BSE SME Platform and 3 companies listed on BSE Start-Up Platform.

Merchant Banker and Market Maker

Total SME Companies Listed

Detailed Report on SME Initial Public Offer (IPO) for June, 2021

Name of Company	Times Green Energy (India) Limited	Adeshwar Meditex Limited	Navoday Enterprises Limited	Abhishek Integrations Limited
Date of Listing	30-06-2021	28-06-2021	25-06-2021	21-06-2021
Stock Exchange where listed	BSE SME	BSE SME	BSE SME	NSE Emerge
Industry	Other Agricultural Products	Healthcare Supplies	Consulting Services	Electrical and Mechanical Service
State	Telangana	Maharashtra	Maharashtra	Gujarat
Issue Size	4.05 Crore	9.75 Crore	4.61 Crore	4.95 Crore
Market Lot/ Min Order Quantity	2000	6000	6000	3000
No. of Times Subscribe	3.32	1.85	2.36	10.50
Lead Manager	Aryaman Financial Services Limited	Aryaman Financial Services Limited	Inventure Merchant Banker Services Private Limited	Beeline Broking Limited
IPO price	₹ 61/-	₹ 25/-	₹ 20/-	₹ 50/-
Open on Listing Date	₹ 61.40/-	₹ 25.25/-	₹ 19.50/-	₹ 40/-
52 Wk High	₹ 64.45/-	₹ 25.50/-	₹ 19.50/-	₹ 40/-
52 Wk Low	₹ 61/-	₹ 25.05/-	₹ 15.20/-	₹ 28/-
Closing Price as on 30-06-2021	₹ 61.60/-	₹ 25.15/-	₹ 16.80/-	₹ 31/-
Market Capitalization as on 30-06-2021	10.25 Crore	49.54 Crore	6.47 Crore	15.05 Crore

Comparison Of Listed Company with BSE SME IPO Index and NIFTY NSE Emerge Index

Companies Migrated to Main Board of Exchange in June, 2021

Sr. No.	Name of the Company	Date of Migration	State	Exchange
1	Ratnabhumi Developers Limited	30-06-2021	Gujarat	BSE
2	White Organic Retail Limited	30-06-2021	Maharashtra	BSE
3	S. M. Gold Limited	17-06-2021	Gujarat	BSE
4	Anmol India Limited	04-06-2021	Punjab	BSE

Draft Prospectus Filed with Stock Exchange

Sr. No.	Name of the Company	Date of Draft Prospectus	State	Exchange
1	Aashka Hospitals Limited	30-06-2021	Gujarat	BSE SME
2	Network People Services Technologies Limited	17-06-2021	Maharashtra	NSE Emerge
3	Gretex Corporate Services Limited	14-06-2021	Maharashtra	BSE SME
4	AB Cotspin Limited	07-06-2021	Punjab	NSE Emerge
5	Bombay Metrics Supply Chain Limited	05-06-2021	Maharashtra	NSE Emerge
6	Rex Pipes And Cables Industries Limited	04-06-2021	Rajasthan	NSE Emerge

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 30-06-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	Moksh Ornaments Limited	21-May-21	67.35	97	29.65	44.02%
2	Ajooni Biotech Limited	07-May-21	42	59	17	40.48%
3	Tembo Global Industries Limited	23-Apr-21	107.8	188.45	80.65	74.81%
4	Nitiraj Engineers Limited	22-Apr-21	43.2	50.05	6.85	15.86%
5	Arvee Laboratories (India) Limited	22-Mar-21	43.55	109.55	66	151.55%
6	Silgo Retail Limited	03-Mar-21	53.8	39.45	-14.35	-26.67%
7	Iris Clothings Limited	22-Feb-21	59	122.35	63.35	107.37%
8	AKG Exim Limited	16-Feb-21	97.8	27.7	-70.1	-71.68%
9	Rajnandini Metal Limited	16-Feb-21	31.05	145	113.95	366.99%
10	Ahlada Engineers Limited	28-Jan-21	70	195	125	178.57%
11	Wealth First Portfolio Managers Limited	20-Jan-21	92.1	144.25	52.15	56.62%

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 30-06-2021 (In Rupees)	Growth/Decline (In Rupees)	% of Growth/Decline
1	White Organic Retail Limited	30-Jun-21	107.3	112.65	5.35	4.99%
2	Ratnabhumi Developers Limited	30-Jun-21	71.85	79.65	7.8	10.86%
3	S. M. Gold Limited	17-Jun-21	85.6	90.3	4.7	5.49%
4	Anmol India Limited	04-Jun-21	175.25	151.15	-24.1	-13.75%
5	Shubham Polyspin Limited	31-May-21	75.35	119.5	44.15	58.59%
6	Vishal Bearings Limited	31-May-21	27.7	36	8.3	29.96%
7	Sharika Enterprises Limited	31-May-21	50.05	61.1	11.05	22.08%
8	Sylph Education Solutions Limited	22-Apr-21	13.89	11.25	-2.64	-19.01%
9	Deep Polymers Limited	12-Mar-21	70.95	96.75	25.8	36.36%
10	Aditya Vision Limited	15-Jan-21	31.9	595.3	563.4	1766.14%
11	BCPL Railway Infrastructure Limited	04-Jan-21	102.95	49.45	-53.5	-51.97%

Changes In Market Lot

Sr. No.	Name of the Company	Exchange	Effective Date	Old Market Lot	New Market Lot	Purpose of Change
1.	Ksolves India Limited	NSE	12-07-2021	1200	400	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	22-06-2021	08-06-2021	21731	Rs. 10/-	Rs. 153.75/-
2.	E2E Networks Limited	NSE	15-06-2021	25-05-2021	46004	Rs. 10/-	Rs. 12/-
3.	Power & Instrumentation (Gujarat) Limited	NSE	15-06-2021	04-05-2021	1350000	Rs. 10/-	Rs. 16.52/-

Bonus Issue

Sr. No.	Name of the Company	Exchange	Listing Date	Date of Allotment	No. of Shares issued	Par value
1.	Ksolves India Limited	NSE	18-06-2021	09-06-2021	4446000	₹ 10/-

Performance of Market Maker as on June 30, 2021

S r. No.	Name of Market Maker	Subscription by Market Maker (Rs. In Lakhs)	Total No. of Companies
1	Aryaman Capital Markets Limited	233.80	3
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	46.20	2
7	NNM Securities Private Limited	62.76	2
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 as on June 30, 2021

Sr. No.	Name of Merchant Banker	Total Fund Raised (Rs. In Crore)	Total No. of Companies
1	Aryaman Financial Services limited	43.50	3
2	Beeline Broking Limited	8.19	2
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.	Inventure Merchant Banker Services Private Limited	4.61	1
8.	Mark Corporate Advisors Private Limited	4.98	1
9.	Pantomath Capital Advisors Private Limited	23.4	1
10.	Shreni Shares Private Limited	2.00	1
11.	Unistone Capital Private Limited	4.70	1

State Wise Fund Raise Through SME IPO as on June 30, 2021

Disclaimer

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