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

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
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  


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.