Media Release
MONARCH APPARELS (INDIA) LIMITED filed DRHP on BSE SME Platform
Eighty Fifth SME company filed DRHP on BSE SME Platform
Mumbai, August 28, 2014: SEBI has come out with detail guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSE Ltd became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012. Monarch Apparels (India) Ltd became the 85th company to submit their DRHP on the BSE SME Platform on August 28, 2014. The company proposes to come out with an initial public offering of 45,50,000 Equity Shares of Rs 10/- EACH (“EQUITY SHARES”) FOR CASH AT A PRICE OF Rs 11/- PER EQUITY SHARE(THE “ISSUE PRICE”),AGGREGATING TO `500.50’ lacs.
Monarch Apparels (India) Ltd is a Mumbai based company engaged in designing, manufacturing and marketing men’s apparels .Mumbai based BCB Brokerage Private Ltd is the lead manager for the company.
The response since the launch of this platform by BSE Ltd has been very positive and till date, the following 66 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. SRG Housing Finance Limited
8. Comfort Commotrade Limited
9. Anshu's Clothing Limited
10. RCL Retail Limited
11. Bronze Infra Tech Limited
12. Eco Friendly Food Processing Park Limited
13. Esteem Bio Organic Food Processing Limited
14. Sunstar Reality Development Limited
15. Channel Nine Entertainment Limited.
16. Kavita Fabrics Limited
17. HPC Biosciences Limited
18. Bothra Metals & Alloys Limited.
19. Lakhotia Polyester(India) Limited
20. GCM Securities Limited
21. Samruddhi Realty Limited
22. Ashapura Intimates Fashion Limited
23. Onesource Techmedia Limited
24. India Finsec Limited
25. eDynamics Solutions Limited
26. Money Masters Leasing & Finance Limited
27. Alacrity Securities Limited
28. GCM Commodity & Derivatives Limited
29. Silverpoint Infratech Limited
30. VKJ Infradevelopers Limited
31. Kushal Tradelink Ltd
32. Tiger Logistics(India) Limited
33. R.J Bio-Tech Limited
34. Ace Tours World wide
35. Satkar Finlease Limited
36. Newever Trade Wings Ltd
37. Subhtex India Ltd
38. VCU Data Management Ltd
39. SRG Securities Finance Limited
40. Amrapali Capital and Finance Services Ltd
41. Stellar Capital Services Limited
42. Captain Polyplast Limited
43. Tentiwal Wire Products Limited
44. RCI Industries and Technologies Limited
45. Suyog Telematics Limited
46. Chemtech Industrial Valves Limited
47. Agrimony Commodities Limited
48. Polymac Thermoformers Limited
49. Unishire Urban Infra Limited
50. Si.Vi. Shipping Corporation Limited
51. B.C. Power Controls Ltd
52. Karnimata Cold Storage Ltd
53. Anisha Impex Ltd
54. Shri Krishna Prasadam Ltd
55. Oceanaa Biotek Industries Limited
56. Women's Next Loungeries Limited
57. R&B Denims Limited
58. GCM Capital Advisors Limited.
59. SPS Finquest Limited
60. Dhanuka Commercial Limited
61. Tarini International Limited
62. Bansal Roofing Products Ltd
63. Oasis Tradelink Ltd
64. Bhanderi Infracon Ltd
65. Carewell Industries Ltd
66. Vishal Fabrics Limited
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. Starlit Power Systems Limited
5. Sirohia & Sons Limited
6. Encash Entertainment Limited
7. Naysaa Securities 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. Raj Rajendra Industries Limited
4. Western Agro- Tech Innovative Limited
5. Powerhouse Fitness And Reality Limited
6. JLA Infraville Shoppers Limited
7. Amsons Apparels Limited
8. Aryaman Capital Markets Limited
9. Ultracab India Limited
10. Majestic Research Services & Solutions Ltd
11. Atishay Infotech Limited
The 66 companies listed on BSE SME Platform have raised Rs 568.79 crores from the market and total market capitalisation as on 28th August, 2014 is 7688.38 crores. BSE Ltd 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