Media Release

Media Release

 

Akme Star Housing Finance Limited list on BSE SME Platform

Eighty Sixth SME Company lists on BSE SME Platform


Mumbai, March 20, 2015:
SEBI has come out with detail guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSE Limited became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012.  Akme Star Housing Finance Limited became the 86th company to get listed on the BSE SME Platform on March 20, 2015. Akme Star Housing Finance Limited came out with an initial public offering of  16,00,000  Equity Shares of Rs 10/- EACH (“EQUITY SHARES”) FOR CASH AT A PRICE OF Rs 30/- PER EQUITY SHARE(THE “ISSUE PRICE”),AGGREGATING TO `480’ lacs. The companies had successfully completed its public issue on March 05, 2015. 

 

Akme Star Housing Finance Limited were originally incorporated with the name of “Akme Buildhome Private Limited” to tap the potential growth in the housing finance industry of the country on March 17, 2005. The Name of the company was changed to “Akme Star Housing Finance Private limited” on October 23, 2009. Further on the suggestion of NHB it has been further changed to “Akme Star Housing Finance Limited” on November 13, 2009. License from the NHB was also amended and the renewed license no. 12.0080.09 in the name of “Akme Star Housing Finance Limited” was issued on December 24, 2009. The professionally managed housing finance company having it’s headquarter at Udaipur, Rajasthan. Their aim is to provide home loans finance to weaker sections of the society, group housing societies and NGOs engaged in the welfare of the weaker section.

 

Delhi Based SARTHI CAPITAL ADVISORS PRIVATE LIMITED is the lead manager for the company.

 

The response since the launch of this platform by BSE Limited has been very positive and till date, the following 85 companies are already listed on this platform and are being traded.

1.      BCB Finance Limited.

2.      Looks Health Services Limited.

3.      Max Alert Systems Limited.

4.      Sangam Advisors Limited.

5.      Jupiter Infomedia Limited.

6.      Jointeca Education Solutions Limited.

7.      Comfort Commotrade Limited.

8.      RCL Retail Limited.

9.      Eco Friendly Food Processing Park Limited.

10.  Esteem Bio Organic Food Processing Limited.

11.  Sunstar Reality Development Limited.

12.  Channel Nine Entertainment Limited.

13.  Kavita Fabrics Limited.

14.  HPC Biosciences Limited.

15.  Bothra Metals & Alloys Limited.

16.  Lakhotia Polyester(India) Limited.

17.  GCM Securities Limited.

18.  Samruddhi Realty Limited.

19.  Ashapura Intimates Fashion Limited.

20.  Onesource Techmedia Limited.

21.  India Finsec Limited.

22.  eDynamics Solutions Limited.

23.  Money Masters Leasing & Finance Limited.

24.  Alacrity Securities Limited.

25.  GCM Commodity & Derivatives Limited.

26.  Silverpoint Infratech Limited.

27.  VKJ Infradevelopers Limited.

28.  Kushal Tradelink Limited.

29.  Tiger Logistics(India) Limited.

30.  R.J Bio-Tech Limited.

31.  Ace Tours World wide Limited.

32.  Satkar Finlease Limited.

33.  Newever Trade Wings Limited.

34.  Subhtex India Limited.

35.  VCU Data Management Limited.

36.  SRG Securities Finance Limited.

37.  Amrapali Capital and Finance Services Limited.

38.  Stellar Capital Services Limited.

39.  Captain Polyplast Limited.

40.  Tentiwal Wire Products Limited.

41.  RCI Industries and Technologies Limited.

42.  Suyog Telematics Limited.

43.  Chemtech Industrial Valves Limited.

44.  Agrimony Commodities Limited.

45.  Polymac Thermoformers Limited.

46.  Unishire Urban Infra Limited.

47.  Si.Vi. Shipping Corporation Limited.

48.  B.C. Power Controls Limited.

49.  Karnimata Cold Storage Limited.

50.  Anisha Impex Limited.

51.  Shri Krishna Prasadam Limited.

52.  Oceanaa Biotek Industries Limited.

53.  Women's Next Loungeries Limited.

54.  R&B Denims Limited.

55.  GCM Capital Advisors Limited.

56.  SPS Finquest Limited.

57.  Dhanuka Commercial Limited.

58.  Tarini International Limited.

59.  Bansal Roofing Products Limited.

60.  Oasis Tradelink Limited.

61.  Bhanderi Infracon Limited.

62.  Carewell Industries Limited.

63.  Vishal Fabrics Limited.

64.  Sirohia & Sons Limited.

65.  Naysaa Securities Limited.

66.  Encash Entertainment Limited.

67.  Ultracab (India) Limited.

68.  Atishay Infotech Limited.

69.  Dhabriya Polywood Limited.

70.  Aryaman Capital Markets Limited.

71.  Vibrant Global Capital Limited.

72.  Powerhouse Fitness And Reality Limited.

73.  ADCC Infocad Limited.

74.  Starlit Power Systems Limited.

75.  JLA Infraville Shoppers Limited.

76.  Jet Infraventure Limited.

77.  Aanchal Ispat Limited.

78.  Captain Pipes Limited.

79.  Anubhav Infrastructure Limited

80.  Amsons Apparels Limited.

81.  Raghuvansh Agrofarms Limited.

82.  Karnavati Finance Limited.

 

We have also given approval to following companies which are due to open very soon:- 

1.      Trine Entertainment Limited.

2.      Monarch Apparels(India) Limited.

3.      Majestic Research Services & Solutions Limited.

4.      O. P. Chains Limited.

5.      Shareway Securities Limited.

6.      Mahabir Metallex Limited.

7.      Western Agro-Tech Innovative Limited.

8.      Filtra Consultants & Engineers Limited

9.      SSPN Finance Limited

10.  Athena Constructions Limited

11.  AGI Infra Limited

12.  Yogya Enterprises Limited. 

Beside above the following companies have submitted their DRHP with the Exchange and are awaiting approval. 

1.      Ekdant India Limited.

2.      Franklin Leasing and Finance Limited.

3.      Gala Print City Limited.

4.      Funny Software Limited.

5.      Prabhat Telecoms Limited.

6.      Jiya Eco-Products Limited. 

Following companies have migrated to main board of Bombay Stock Exchange.

1.      SRG Housing Finance Limited.

2.      Anshu's Clothing Limited.

3.      Bronze Infra Tech Limited. 

 The 86 companies listed on BSE SME Platform have raised Rs 679.30 crores from the market and total market capitalization as on 19th March, 2015 is 7001.48 crores. BSE Limited is the market leader in this segment with a market share of 93 percent.

 

 

For More Information 
Yatin Padia – 022 2272 8516 / Ketan Mehta – 022 2272 8321
Marketing Communications
yatin.padia@bseindia.com/
ketan.mehta@bseindia.com