Media Release

 Tarini International Ltd list on BSE SME Platform

Sixty First SME company to get listed on BSE SME Platform

Mumbai, June 27, 2014: Tarini International Ltd became the 61st company to get listed on the BSE SME Platform on June 26, 2014. The company has successfully completed its public issue on June 13, 2014. The company came out with an initial public offering of  39,78,000 Equity Shares of Rs 10/- each  (“Equity Shares”)  for cash at a price of Rs 41/- per equity share (The “Issue Price ”), aggrading to  `1630.98’

The 61 companies listed on BSE SME Platform have raised Rs 533.56 crores from the market and total market capitalisation as on June 27, 2014 is 7500 crores. BSE is the market leader in this segment with a market share of 92 percent.

Tarini International Ltd is Delhi based company engaged in providing financial and technical consultancy related to Hydro Power Generation, Transmission, Distribution and Infrastructure. Kolkata based Guiness Corporate Advisors Pvt Ltd is the lead manager for the company.

SEBI has come out with detail guidelines on 18^th May, 2010 for launching of SME Exchange/Platform. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13^th March, 2012.

The response since the launch of this platform by BSE has been very positive and till date, the following 60 companies are already listed on this platform and are being traded.

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

1.     Trine Entertainment Limited.

2.     Prabhat Telecoms(India) Limited

3.     Anubhav Infrastructure Limited

4.     Oasis Tradelink Ltd

5.     Starlit Power Systems Limited

6.     Sirohia & Sons Limited

7.     Carewell Industries Limited

8.     Bansal Roofing Products Limited

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

1.     Ekdant India Limited

2.     Shareway Securities Limited

3.     Bhanderi Infracon Limited

4.     Vishal Fabrics Limited

5.     Encash Entertainment Limited

ABOUT BSE:

BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first Stock Exchange and one of India’s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME). BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full novation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.

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