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Sprayking Agro Equipment Limited, Narayani Steels Limited & Riddhi Steel and Tube Limited

Listed on BSE SME Platform


Mumbai, September 14, 2016: SEBI came out with detailed guidelines on 18th 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 13th March, 2012.

 

Sprayking Agro Equipment Limited became 149th company respectively to get listed on the BSE SME Platform on September 14, 2016. Sprayking Agro Equipment Limited  came out with an initial public offering of 8,88,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.21/- Per Equity Share(The “Issue Price”),Aggregating to Rs.‘186.48’ lacs. The company has successfully completed its public issue on September 2, 2016.

 

Narayani Steels Limited became 150th company respectively to get listed on the BSE SME Platform on September 14, 2016. Narayani Steels Limited came out with an initial public offering of 36,00,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.32/- Per Equity Share(The “Issue Price”),Aggregating to Rs.‘1152’ lacs. The company has successfully completed its public issue on September 6, 2016.

 

Riddhi Steel and Tube Limited became 151st company respectively to get listed on the BSE SME Platform on September 14, 2016. Riddhi Steel and Tube Limited came out with an initial public offering of 23,40,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.38/- Per Equity Share(The “Issue Price”),Aggregating to Rs.‘889.20’ lacs. The company has successfully completed its public issue on September 7, 2016.

 

The 151 companies listed on BSE SME Platform have raised Rs.1135.62 crores from the market and total market capitalization of 151 companies as on 14th September, 2016 is Rs.12,324.72 Crores. BSE is the market leader in this segment with a market share of 90 percent.

 

Sprayking Agro Equipment Limited is a Gujarat based Company whose registered office is at Jamnagar. The company is engaged in manufacturing of Brass Equipment. The company mainly manufactures Brass Agro Equipment and Brass Plumbing Components. Besides this, it also manufacture Auto and Electrical parts, Fitting Parts, etc. made of Brass.

 

Narayani Steels Limited is a West Bengal based Company whose registered office is at Kolkata. The Company is engaged in trading and manufacturing of hot rolled long products of value added steel. It primarily trade in blooms, billets, TMT bars, pellets, etc. and also manufacture TMT bars and other long products such as rounds, flats, angels, channels, etc.

 

Riddhi Steel and Tube Limited is a Gujarat based Company whose registered office is at Ahmedabad. The Company is engaged in manufacturing of black and galvanized steel pipes in the various sizes having wide application in varied industries including power sector, agro based industries, construction industries, structural, scaffolding, irrigation and engineering industries, air and gas transportation, firefighting applications etc. It also manufactures steel square hollow sections (SHS) and rectangular hollow sections (RHS) in a various size and thickness.

 

 

Mumbai based Pantomath Capital Advisors Private Limited is the lead manager for Sprayking Agro Equipment Limited and Narayani Steels Limited.

 

West Bengal based Guiness Corporate Advisors Private Limited is the lead manager for Riddhi Steel and Tube Limited. 

 

The 151 companies listed on BSE SME Platform have raised Rs.1135.62 crores from the market and total market capitalization of 151 companies as on 14th September, 2016 is Rs.12,324.72 Crores. BSE is the market leader in this segment with a market share of 90 percent.

 

The response since the launch of this platform by BSE has been very positive and till date, the following 148 companies have already listed on this platform

 

1.      BCB Finance Limited.

2.      Looks Health Services Limited.

3.      Max Alert Systems Limited.

4.      Sangam Advisors Limited.

5.      Jupiter Info media 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 Tec media 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 Worldwide 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.

83.  Akme Star Housing Finance Limited

84.  SSPN Finance Limited

85.  Mahabir Metallex Limited

86.  AGI Infra Limited

87.  Filtra Consultants and Engineers Limited

88.  Yogya Enterprises Limited

89.  Athena Constructions Limited

90.  Funny Software Limited.

91.  Filtra Consultants and Engineers Limited

92.  Athena Constructions Limited

93.  O. P. Chains Limited

94.  Funny Software Limted

95.  Junction Fabrics and Apparels Limited

96.  Mishka Exim Limited

97.  VMV Holidays Limited

98.  Ambition Mica Limited

99.  Jiya Eco Products Limited

100.        M.D. Inducto Cast Limited

101.        Loyal Equipments Limited

102.        Gala Print City Limited

103.        Majestic Research Services & Solutions Limited

104.        Amrapali Fincap Limited

105.        PECOS Hotels and Pubs Limited

106.        Mangalam Seeds Limited

107.        Oyeeee Media Limited

108.        Universal Autofoundry Limited

109.        H.K. Trade International Limited

110.        P. B. Films Limited

111.        Sri Krishna Constructions (India) Limited

112.        Vishal Bearings Limited

113.        Bella Casa Fashion & Retail Limited

114.        Patdiam Jewellery Limited

115.        Vaksons Automobiles Limited

116.        Cawasji Behramji Catering Services Limited

117.        Tejnaksh Healthcare Limited

118.        Navigant Corporate Advisors Limited

119.        Suncare Traders Limited

120.        OFS Technologies Limited

121.        Blueblood Ventures Limited

122.        Vidli Restaurants Limited

123.        Ganga Pharmaceuticals Limited

124.        Sylph Education Solutions Limited

125.        K.P. Energy Limited

126.        Relicab Cable Manufacturing Limited

127.        Khemani Distributors & Marketing Limited

128.        Umiya Tubes Limited

129.        CHD Chemicals Limited

130.        Ruby Cables Limited

131.        Raghav Ramming Mass Limited

132.        Franklin Leasing and Finance Limited

133.        Lancer Container Lines Limited

134.        Sysco Industries Limited

135.        NINtec Systems Limited

136.        Ghushine Fintrrade Ocean Limited

137.        Bajaj Healthcare Limited

138.        Darshan Orna Limited

139.        SHANTI EDUCATIONAL INITIATIVES LIMITED

140.        Yash Chemex Limited

141.        Zeal Aqua Limited

142.        Advance Syntex Limited

143.        Commercial Syn Bags Ltd

144.        Titanium Ten Enterprise Limited

145.        Kwality Pharmaceuticals Limited

146.        Prabhat Telecom (India) Limited

147.        Shiva Granito Export Limited

148.        Mitsu Chem Plast 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.      Shareway Securities Limited

4.      Western Agro-Tech Innovative Limited

5.      Perry Impex Limited

6.      Goel Scientific Glass Works Limited

7.      Malaika Appliances Ltd

8.      Ajmera Pharmasure Ltd

9.      Octaware Technologies Limited

10.  Worth Infra Industries Limited

11.  AGI Hospitalities Limited

12.  Spicy Entertainment and Media Limited

13.  Mewar Hi-Tech Engineering Limited

14.  Prime Customer Services Limited

15.  Lark Non Ferrous Metals Limited

16.  Avi Agri Business limited

17.  Octopus Papers Limited

18.  Kranti Industries Limited

19.  Radhika Jeweltech Limited

 

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

 

1.      Ekdant India Limited

2.      Diggi Multitrade Limited

3.      Diamond Power Transformers Limited

4.      Greenvalue Agrofarms Limited

5.      Diksat Transworld Limited

6.      Valiant Organics Limited

7.      Gujarat Hy-Spin Limited

8.      Aditya Consumer Marketing Limited

9.      DRA Consultants Limited

10.  Majestic Research Services and Solutions Limited

11.  Veeram Ornaments Limited

12.  Shashijit Infraprojects Limited

13.  Oceanic Foods Limited

14.  Bindal Exports Limited

 

 

Following companies have migrated to main board of BSE.

1.      SRG Housing Finance Limited

2.      Anshu's Clothing Limited

3.      Bronze Infra Tech Limited

4.      Sangam Advisors Limited

5.      Jupiter Infomedia Limited

6.      Ashapura Intimates Fashion Limited

7.      Kavita Fabrics Ltd

8.      India Finsec Limited

9.      Silverpoint Infratech Limited

10.  Kushal Tradelink Limited

11.  Edynamics Solutions Limited

12.  Lakhotia Polyesters (India) Limited

13.  VKJ Infradevelopers Limited

14.  Tiger Logistics (India) Limited

15.  Satkar Finlease Limited

16.  Captain Polyplast Limited

17.  Look Health Services Limited

18.  Comfort Commotrade Limited