SME NEWSLETTER SEPTEMBER, 2021 (20th Edition)

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

SME NEWSLETTER AUGUST, 2021 (19th Edition)

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

SME NEWSLETTER JULY, 2021 (18th Edition)

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

SME NEWSLETTER JUNE, 2021 (17th Edition)

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

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

SME NEWSLETTER MAY, 2021 (16th Edition)

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 Subscription by 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.

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

SME Newsletter April, 2021 (15th Edition)

Small and medium enterprises (SMEs) are the backbone of the Indian economy as they contribute 30 percent to the country’s gross domestic product (GDP) and are the second-largest contributor to employment after the agriculture sector. The second coronavirus wave has created the largest public health crisis in the country, which has forced state governments to impose lockdowns. This has affected both large and small businesses. However, the impact on SMEs is severe, particularly because of the higher levels of vulnerability and lower resilience in comparison to larger firms.

The Reserve Bank of India (RBI) has taken proactive steps and announced a sleuth of measures to inject liquidity into the system. The decisions for allocating Rs 50,000 crore for the healthcare industry involved in manufacturing COVID related medicines and infrastructures, allowing a one-time restructuring of loans of retail borrowers and small business up to Rs 25 crore and classifying loans to MFI by small banks as priority sector lending are going to help the SME business in a big way.

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 April, 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, Comparison of Stock Exchange Indices with Listed Companies, Performance of Market Maker and Merchant Banker.

Merchant Banker and Market Maker

Total SME Companies Listed

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


Preferential Allotment

Name of Company A and M Jumbo Bags Limited Perfect Infraengineers Limited
Date of Listing 07-Apr-2021 16-Apr-2021
Stock Exchange where listed NSE Emerge NSE Emerge
Industry Plastic and Plastic Products Industry Infrastructure
State Gujarat Maharashtra
Issue Size 3.57 Crore 2.68 Crore
Market Lot/ Min Order Quantity 8000 6000
Date of Allotment 12-Nov-2020 06-Mar-2021
Category Public Public
Purpose of Issue To redeem the non-cumulative, non-convertible redeemable preference shares, To reduce the long-term debt Payment of License Fees for the Technology Bought from USA
Issue price ₹ 10.25 ₹ 26.79
Open on Listing Date
52 Wk High ₹ 14.10 ₹ 12.75
52 Wk Low ₹ 6.70 ₹ 9.50
Closing Price as on 30-04-2021 ₹ 9.75 ₹ 11.10
Market Capitalization as on 30-04-2021 10.23 Crore 12.28 Crore

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 April, 2021

BSE SME IPO Index with Companies Listed on BSE SME in April, 2021

Companies Migrated to Main Board of Exchange in April, 2021

Sr. No. Name of the Company Date of Migration   State Exchange  
1 Tembo Global Industries Limited 23-04-2021 Maharashtra NSE Emerge
2 Nitiraj Engineers Limited 22-04-2021 Maharashtra NSE Emerge
3 Sylph Education Solutions Limited 22-04-2021 Madhya Pradesh BSE SME

Draft Prospectus Filed with Stock Exchange

Sr. No. Name of the Company Date of Draft Prospectus State Exchange
1 Nanavati Ventures Limited 16-04-2021 Gujarat BSE SME
2 GETALONG Enterprise Limited 15-04-2021 Maharashtra BSE SME
3 Visaman Global Sales Limited 06-04-2021 Gujarat 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 30.04.2021 (In Rupees) Growth/Decline (In Rupees) % of Growth/Decline
1 Tembo Global Industries Limited 23-Apr-21 107.8 137.45 29.65 27.50%
2 Nitiraj Engineers Limited 22-Apr-21 43.2 40.85 -2.35 -5.44%
3 Arvee Laboratories (India) Limited 22-Mar-21 43.55 139.4 95.85 220.09%
4 Silgo Retail Limited 03-Mar-21 53.8 49.75 -4.05 -7.53%
5 Iris Clothings Limited 22-Feb-21 59 112.25 53.25 90.25%
6 AKG Exim Limited 16-Feb-21 97.8 30.9 -66.9 -68.40%
7 Rajnandini Metal Limited 16-Feb-21 31.05 90.5 59.45 191.47%
8 Ahlada Engineers Limited 28-Jan-21 70 97.2 27.2 38.86%
9 Wealth First Portfolio Managers Limited 20-Jan-21 92.1 122.85 30.75 33.39%
10 Godha Cabcon & Insulation Limited 24-Dec-20 34.6 43.1 8.5 24.57%
11 Mangalam Global Enterprise Limited 23-Dec-20 42 46 4 9.52%
12 RKEC Projects Limited 18-Dec-20 40 59.8 19.8 49.50%
13 Rudrabhishek Enterprises Limited 14-Dec-20 96 196.25 100.25 104.43%
14 Accuracy Shipping Limited 11-Dec-20 29.8 59.15 29.35 98.49%
15 Global Education Limited 07-Dec-20 196 46.15 -149.85 -76.45%
16 Supreme Engineering Limited 04-Dec-20 24.9 23.5 -1.4 -5.62%
17 Marine Electricals (India) Limited 02-Dec-20 191.5 72.75 -118.75 -62.01%

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 30.04.2021 (In Rupees) Growth/Decline (In Rupees) % of Growth/Decline
1 Sylph Education Solutions Limited 22-Apr-21
2 Deep Polymers Limited 12-Mar-21 70.95 66.1 -4.85 -6.84%
3 Aditya Vision Limited 15-Jan-21 31.9 264.65 232.75 729.62%
4 BCPL Railway Infrastructure Limited 04-Jan-21 102.95 50.3 -52.65 -51.14%
5 Palm Jewels Limited 10-Dec-20 40 78.55 38.55 96.38%
6 Gautam Gems Limited 10-Dec-20 28.65 20.4 -8.25 -28.80%

Performance of Market Maker

Sr. No. Name of Market Maker Subscription by 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 254.95 2
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 49.17 2
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

State Wise Fund Raise Through SME IPO

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


START-UP SYNERGIES

Square Yards acquires virtual platform PropVR

Gurgaon based Real Estate Brokerage firm Square Yards, Founded in 2013 has acquired Chennai based PropVR, an AI-based platform specialising in creating digital property experiences using 3D technologies, virtual reality and augmented reality (VR and AR).

Square Yards is India’s largest integrated platform for Real Estate & Mortgages and one of the fastest growing Proptech platform in UAE, Rest of Middle East, Australia & Canada. Having footprints in 13 cities in India and 12 Countries across the globe. The deal marks Square Yards’ third acquisition in recent times. Last year, it acquired Azuro, a rentals and property management platform. Recently, it bought PropsAMC, a platform focused on data intelligence, asset management and real estate services.

CashRich Acquires WealthApp

Thane-based CashRich, founded in 2016 a financial-technology firm focused on the wealth segment, has acquired the mutual fund distributions business of WealthApp in an all-cash deal.

CashRich is an app where individuals can invest in mutual funds and buy insurance products easily. The acquisition will help CashRich strengthen its position as a prominent investment platform in the country.

CashRich says it also raised an undisclosed amount in equity funding from three United Kingdom-based investors to finance this acquisition. Following this, CashRich says its user base will reach two lakh, with the assets managed by WealthApp’s mutual funds segment being merged with its own.  It is also exploring more acquisition opportunities.

Twilio acquires NEA-backed communications platform provider ValueFirst (International Deal)

San Francisco-Headquartered cloud communication firm Twilio has acquired Gurugram based ValueFirst, one of India’s leading Communications Platform as a Service (CPaaS) player. The acquisition comes nearly a year after Twilio began operations in India.

Twilio has democratized communications channels like voice, text, chat, video, and email by virtualizing the world’s communications infrastructure through APIs that are simple enough for any developer to use, yet robust enough to power the world’s most demanding applications. Twilio has presence in 18 countries across the globe. ValueFirst had also bought several companies prior to its own acquisition. Some of these include Octane Marketing, Rocket Science Technology, clk2c.com, and Gingersoft Media.

Last fiscal year, ValueFirst processed over 42 billion SMS messages and was one of India’s largest messaging aggregators and CPaaS players. Twilio aims to benefit from ValueFirst’s customers, market know-how and product offerings, to further scale their operations in India.

Aavishkaar Group advisory arm Intellecap acquires NR Management Consultants

Mumbai Based Intellecap, founded in 2015 the advisory arm of impact-focused Aavishkaar Group, has fully acquired NR Management Consultants India (NRMC).

Intellecap is the advisory arm of The Aavishkaar Group, which works to build businesses that can benefit the underserved segments across Asia and Africa. It has global recognition and having 29 offices across the globe. 

Delhi Based, NRMC is research-focused and possesses an understanding of natural resources and rural development in India and Southeast Asia.

The acquisition will help it drive more capital to natural resource-driven carbon sequestration solutions, with a focus on mitigating climate change.

Aavishkaar Group Apart from Intellecap has other group entities which includes Aavishkaar Capital, Arohan, IntelleGrow, Tribe, and Sankalp. Investors in Aavishkaar Group include Shell Foundation, Triodos Bank, TIAA-Nuveen, and Dutch development bank FMO.

VerSe Innovation (Dailyhunt) buys Vebbler to boost short-video app Josh

VerSe Innovation, based in Bengaluru which runs news aggregating platform DailyHunt and short-video application Josh India, has acquired Vebbler, a community-focused photo and video sharing application.

VerSe Innovation is a local language technology platform. Its platform Josh & Dailyhunt is the best platform to reach millions of consumers of regional language content. Josh is India’s fastest growing short video app. The platform of choice for the top creators.

Vebbler is a print-on-demand platform that enables people to easily personalize and print their photos onto photobooks, frames, magnets, canvases, posters and more.

The combination of Vebbler’s product capabilities and Josh platform will improve ability to drive innovation around camera and social engagement, and play a more meaningful role in capturing the mindshare, timeshare, and revenue share of Bharat’s local language users.

Homegrown app Josh has raised over $200 million so far from investors such as Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, and Glade Brook Capital Partners. Google, Microsoft and AlphaWave have also backed the firm.

Vidal Health Insurance acquires Vipul MedCorp

Bangalore Based Vidal Health Insurance Services had acquired the Gurgaon Based Vipul MedCorp. This is the first such deal in the third-party administrator (TPA) space.

Vidal Health Insurance TPA Pvt Ltd was established in March 2002 with the mission to provide top quality TPA services to Health Insurance policyholders and be the most preferred TPA in India. They are licensed by IRDA (Insurance Regulatory & Development Authority – License No. 016) and have been empanelled by leading insurance companies, both public sector and private, across different regions of the country. Vidal Health’s provider network partnerships extend to Asia, Europe and North America.

Vipul MedCorp Insurance TPA Private Limited, a company promoted by Vipul group is engaged in the managed healthcare facilitation & has obtained a license from IRDA for TPA activities.

The combined revenue of both companies will exceed Rs 200 crore after the acquisition is complete. The merged entity of Vipul Medcorp with Vidal Health will make it the second largest third-party administrator in the Indian insurance sector. After the merger, Vidal Health will have an equal share of government business, corporate business and retail business in health insurance.

Along with this acquisition, Vidal Healthcare Services (VHC), the parent entity of Vidal Health has also acquired a group company of Vipul Medicorp, Vipul Medcare.

Marketplace ClickIndia.com has bought software-as-a-service (SaaS) Startup Directly.live

Directly.live is a provider of software-as-a-service (SaaS) based in India set up by IIT-Delhi student Mayank Dubey that helps schedule meetings. Individuals and companies can integrate its platform into their systems and connect with customers or audiences through one-on-one video calls.

ClickIndia, a classified ad posting site, providing an easy way to search, buy or sell, to exchange, to interact for common interests.

ClickIndia said the acquisition will boost user experience as well as help its customers close deals. The company, operated by ClickIndia Infomedia Pvt Ltd, was set up in 2007 and operates as a classifieds platform.

As per ClickIndia, the acquisition will boost the user experience as well as help its customers close deals.

FarEye acqui-hires logistics startup PY Technology

Delhi-based RoboticWares, which owns and operates SaaS logistics platform FarEye, has acqui-hired logistics technology startup PY Technology.

Acqui-hire refers to a sale that is focused on employee talent, rather than the company’s services or products. The deal will help FarEye strengthen its solution engineering execution to increase value for customers and build an internal incubation cell, according to a statement.

Previously known as PRTouch, PY Technology was founded by Jignesh Vasani in 2012. It develops enterprise resource planning (ERP) solutions for the logistic industry. The Mumbai-based startup offers end-to-end logistic technological solution, a cloud-based platform, warehouse management and a tracking transport system. Post deal, Vasani will join FarEye as vice president of professional services.

The synergy is aiming to drive innovation in the industry by solving the complex challenges that cost the supply chain and logistics industry trillions of dollars globally.

Founded by Nahata, Gautam Kumar and Gaurav Srivastava in 2013, FarEye is a SaaS-based logistics management platform that digitises the way enterprises dispatch, execute, track and optimise the movement of goods. The platform leverages data capabilities to predict the journey and improve delivery experience for a range of business sectors including B2B brands in food, grocery, furniture, pharmacy and carriers. The solution is used by more than 150 customers, including companies such as DHL, Walmart, Amway, Domino’s and Hilti, across 30 countries.

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.

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

SME NEWSLETTER MARCH, 2021 (14th Edition)

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 ₹ 97.96 Crore 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

Sr.
No.
Name of the Company Date of Migration   State Exchange  
1 Arvee Laboratories (India) Limited 22-Mar-2021 Gujarat NSE
2 Deep Polymers Limited 12-Mar-2021 Gujarat BSE
3 Silgo Retail Limited 03-Mar-2021 Rajasthan NSE

Draft Prospectus Filed with Stock Exchange

Sr. No. Name of the Company Date of Draft
Prospectus
State Exchange
1 Adeshwar Meditex Limited 30-03-2021 Maharashtra BSE SME
2 Shri Venkatesh Refineries Limited 25-03-2021 Maharashtra BSE SME
3 Maks Energy Solutions India Limited 25-03-2021 Maharashtra NSE Emerge
4 EKI Energy Services Limited 16-03-2021 Madhya Pradesh BSE SME
5 Walpar Nutritions Limited 16-03-2021 Gujarat NSE Emerge
6 Vardaan Biotech Limited 12-03-2021 Madhya Pradesh NSE Emerge
7 SBL Infratech Limited 11-03-2021 New Delhi BSE SME

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 SME 19-Mar-2021 09-Mar-2021 8599 Rs. 10/- per share 8199 shares @ Rs. 153.75/- and 400 shares @ 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 31.03.2021 (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.

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

Rajeshwari Cans Limited IPO – Date, Price & Details

Issue Highlights

Incorporated in 2004, Rajeshwari Cans Limited was originally formed as a Proprietorship concern with name and style as “M/s. Rajeshri Trading Company”.
The company is engaged in manufacturing round printed tin containers of various sizes, used as packing material. Their clients includes tobacco manufacturing and paint manufacturing industry.

Issue Details

Company Strengths

  • Experience and knowledge of promoters more than three decades
  • Expanding product range and total production capacity.
  • Strategically located manufacturing unit
  • Assured quality of all product range
  • Increasing operation efficiency

Valuation

The company is getting listed at a forward FY 21 P/E of 26.7, against sector PE of 18.54.

Utilization of Funds

Background Highlights of the company in Brief

  • Rajeshwari Cans limited, a Company incorporated under the Companies Act, 2013 was formed under part I (Chapter XXI) of the Companies Act, 2013 by converting the partnership firm “Rajeshwari Metal Printers” into Company.
  • In 1980 Late Nagindas Vora Father / grandfather of the promotors of the company started MS Drum manufacturing firm in Rakhial Ahmedabad and his business smoothly developed and his sons Bharat N Vora & harshad N Vora both are joined with him after their graduation. In 2004 he has take initiative to start a tin manufacturing unit in the name of Rajeshwari trading Company in changodar Ahmedabad then after around 2005 company has imported a single colour offset printer.
  • During this period, the company was engaged in the manufacturing of tin containers for Ink and Color manufacturing units. In 2010, the company entered into a big contract with Urmin Products P Ltd. and started producing Packing Containers. Around 2011, the management was of the opinion that the production capacity was quite low, so to increase the same, the company imported two more 2 color printing machine and 3 lines for Tin production unit. Around the same time, Mr, Pratik B Vora and Mr. Siddharth H Vora, sons of Mr. Bharat N Vora and Mr. Harshad N Vora respectively, also joined the company and started managing the MS Drum manufacturing business.  Again due to shortage of production capacity, one more unit for MS Drum production was established in the same locality. Thereafter Unit 1 and Unit 2 are managed by Mr. Siddharth H Vora and Mr. Pratik B Vora respectively.
  • In 2018, the status of the company was changed from a Partnership Firm to a Public Ltd. Co., At present The Company is engaged in the business of manufacturing round printed tin containers of various sizes which are used as packing material. they supply the tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing. The Company also performs printing work on tin sheets supplied by there customers.
  • The promoter of the company Mr. Bharat Vora and Mr. Harshad Vora are involved in the business of trading of Iron and Steel, Tin plate, Scrap and manufacturing of round printed tin containers since last more than 40 years.
  • The Company has purchased the factory at Ganesh Estate and in the year 2019-20 started manufacturing small tin containers of 50gm at Block-A, Shed No- 22,23 & 24 Shree Ganesh Industrial Estate, Village Moraiya, Tal. Sanand, District Ahmedabad -382210 (“Shree Ganesh Industrial Estate”) used by the snuff manufacturer for packing of their product.
  • The erstwhile partnership firm had received India 5000 Best MSME Award in the year 2017 for outstanding contribution in quality and excellence in realm of customer satisfaction, impact on society through services & management to boost up all.
  • As on December 31,2020 Company has 70 employees. The company had product installed capacity of 3,90,00,000 P. A.

Briefing about Directors & Key Managerial Personnel

Briefing Financials

Balance Sheet

Statement of Profit and Loss

Key Ratios

#beelinebroking #IPO #RajeshwariCansltd #
RajeshwariCansltdIPO #investing #profit #business #trader #stock #sharemarket #daytrader #daytrading #wealth #stockmarketnews #success #BSESME #MSMSE #Merchantbanker #Marketmaker #Marketmaking

Disclaimer: http://bit.ly/2uLiAVH

SME NEWSLETTER FEBRUARY, 2021 (13th Edition)

With public markets going strong, and the pandemic stressing on the significance of sound unit economics, startups are increasingly looking at Initial Public Offering (IPOs) as a likely mode of exit for its investors. The financial architecture of a lot of startups improved in the initial shock period brought about by Covid-19 and around 15-20 companies are on a credible path to go public in the next two years.

Gaming company Nazara Technologies, which filed offer documents in January 2021, has kicked off India’s tech IPO rush.

“Bigger focus for 2021” 23% startups picked profitability compared to 15% in 2019 and 21% in 2020. 42% of the startups are now in a path to turn EBITDA-PROFITABLE in one to two years.

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 February, 2021.  This Newsletter covers the company listed in this month, 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, ESOP in SME Exchange and Change in Market lot of the companies and SME Synergies.

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

CompanyMRP Agro Limited
BSE Scrip Code543262
Industry Distributors
Market Lot/ Min Order Quantity 3000
Lead Manager Beeline Broking Limited
State Madhya Pradesh
Issue Size (In Rs.) 3.4 Crore
Open on Listing Date Rs. 39.75/-
IPO price Rs. 40/-
52 Week High Rs. 39.75/-
52 Week Low Rs. 35.80/-
Closing price on 28.02.2021 Rs.  36.50/-
No. of Times Subscribed 2.95 Times
Market Cap as on 28.02.2021 10.87 Crore
Date of Listing 18-02-2021
Stock Exchange BSE SME

Comparison Of MRP Agro Limited with BSE SME IPO Index and NSE SME Emerge Index

Companies Migrated to Main Board of Exchange in February, 2021

Sr. No. Name of the Company Date of Migration   State Exchange  
1 Iris Clothings Limited 22-Feb-2021 West Bengal NSE
2 AKG Exim Limited 16-Feb-21 Delhi NSE
3 Rajnandini Metal Limited 16-Feb-21 Haryana NSE

Draft Prospectus Filed with Stock Exchange

Sr. No. Name of the Company Date of Draft Prospectus State Exchange
1 V-Marc India Limited 18-Feb-2021 Uttarakhand NSE SME
2 Network People Services Technologies Limited 13-Feb-2021 Uttar Pradesh NSE SME
3 Siddhika Coatings Limited 09-Feb-2021 Delhi NSE SME
4 Jetmall Spices And Masala Limited 05-Feb-2021 Tamilnadu 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 Before Migration (Rs.)Price as on 28.02.2021
(Rs.)
Growth/Decline % of Growth/Decline
1 Iris Clothings Limited 22-Feb-21 59 123.25 64.25 108.90%
2 AKG Exim Limited 16-Feb-21 97.8 91.5 -6.3 -6.44%
3 Rajnandini Metal Limited 16-Feb-21 31.05 82.4 51.35 165.38%
4 Ahlada Engineers Limited 28-Jan-21 70 75.9 5.9 8.43%
5 Wealth First Portfolio Managers Limited 20-Jan-21 92.1 140.95 48.85 53.04%
6 Godha Cabcon & Insulation Limited 24-Dec-20 34.6 40.4 5.8 16.76%
7 Mangalam Global Enterprise Limited 23-Dec-20 42 46 4 9.52%
8 RKEC Projects Limited 18-Dec-20 40 62.6 22.6 56.50%
9 Rudrabhishek Enterprises Limited 14-Dec-20 96 184.25 88.25 91.93%
10 Accuracy Shipping Limited 11-Dec-20 29.8 65 35.2 118.12%
11 Global Education Limited 07-Dec-20 196 48.8 -147.2 -75.10%
12 Supreme Engineering Limited 04-Dec-20 24.9 24.55 -0.35 -1.41%
13 Marine Electricals (India) Limited 02-Dec-20 191.5 62.15 -129.35 -67.55%
14 Dangee Dums Limited 13-Nov-20 92 130.2 38.2 41.52%
15 Keerti Knowledge and Skills Limited 13-Nov-20 30.9 24.5 -6.4 -20.71%
16 Aaron Industries Limited 06-Nov-20 27.5 60.6 33.1 120.36%
17 D. P. Abhushan Limited 03-Nov-20 131 122.8 -8.2 -6.26%

Companies Migrated from BSE SME platform to BSE Main Board

Sr. No. Name of Securities Date Before Migration (Rs.) Price as on 28.02.2021
(Rs.)
Growth/Decline % of Growth/Decline
1 Aditya Vision Limited 15-Jan-21 31.9 144.65 112.75 353.45%
2 BCPL Railway Infrastructure Limited 04-Jan-21 102.95 86.85 -16.1 -15.64%
3 Palm Jewels Limited 10-Dec-20 40 49.85 9.85 24.63%
4 Gautam Gems Limited 10-Dec-20 28.65 63.3 34.65 120.94%
5 Shree Ganesh Remedies Limited 25-Nov-20 134.95 241.75 106.8 79.14%

Changes in Market Lot

Sr. No. Name of the Company Exchange Effective Date Old Market Lot New Market Lot Purpose of Change
1. United Polyfab Gujarat Limited NSE 17-Feb-2021 3000 9000 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 SME 04-Feb-2021 21-Jan-2021 7700 Rs. 10/- per share Rs. 153.75/-

BSE Trading And Settlement Programme For Institutional Trading Platform (ITP) – SME Segment

BSE vide its Notice Number 20210219-11 on 19-Feb-2021 had informed the stakeholders about the organization of Trading And Settlement Programme For Institutional Trading Platform (ITP) – SME Segment For Period From 01.03.2021 To 31.03.2021, the details of the program is under this link https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210219-11.

Disclaimer

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