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Media Release

Shanti Educational Initiatives Limited

One Hundred and Thirty Ninth SME Company to get listed on BSE SME Platform


Mumbai, June 14, 2016: 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. Shanti Educational Initiatives Limited became 139th company respectively to get listed on the BSE SME Platform on June 14, 2016. Shanti Educational Initiatives Limited came out with an initial public offering of 44,00,000  Equity Shares of Rs 10/- EACH (“EQUITY SHARES”) FOR CASH AT A PRICE OF Rs 90/- PER EQUITY SHARE(THE “ISSUE PRICE”),AGGREGATING TO `3960.00’ lacs. The company has successfully completed its public issue on June 06, 2016.

 

 

Shanti Educational Initiatives Limited is a Gujrat based Company whose registered office is at Ahmedabad. The Company is primarily engaged in the business of providing educational support services to preschools, K-12 and

Premium category preschools in India. After the successful completion of IPO, its proceeds will be used in establishment of new school Building. Shanti Educational Initiatives Limited got oversubscribed around 1.5 times and with more than 40% subscription through FIIs thus become the first SME Company in India to get such an over whelming response from the FII on any SME Platform in India.

 

Kolkata based GUINESS CORPORATE ADVISORS PRIVATE LIMITED is the lead manager for Shanti Educational Initiatives Limited.

 

 

The response since the launch of this platform by BSE Limited has been very positive and till date, the following 138 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 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 Ltd

104.         Amrapali Fincap Limited

105.         PECOS Hotels and Pubs Limited

106.         Mangalam Seeds Limited

107.         Oyeeee Media Limited

108.         Universal Autofoundry Ltd

109.         H.K. Trade International Ltd

110.         P. B. Films Limited

111.         Sri Krishna Constructions (India) Ltd

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

 

 

 

 

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.      Narayani Steels Limited

10.  Octaware Technologies Limited

11.  Worth Infra Industries Limited

12.  AGI Hospitalities Limited

13.  Yash Chemex Limited

14.  Advance Syntex Limited

15.  Sprayking Agro Equipment 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.      Kranti Industries Limited

4.      Octopus Papers Limited

5.      Diamond Power Transformers Limited

6.      Avi Agri Business limited

7.      Spicy Entertainment and Media Limited

8.      Prabhat Telecoms (India) Limited

9.      Mewar Hi-Tech Engineering Limited

10.  Lark Non Ferrous Metals Limited

11.  Greenvalue Agrofarms Limited

12.  Riddhi Steel and Tube Limited

13.  SHIVA GRANITO EXPORT LIMITED

14.  Zeal Aqua Limited

15.  Kwality Pharmaceuticals Limited

16.  Commercial Syn Bags Limited

17.  Titanium Ten Enterprise Limited

18.  PRIME CUSTOMER SERVICES 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

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

 

 The 139 companies listed on BSE SME Platform have raised Rs 1051.19 crores from the market and total market capitalization of 139 companies as on 14th June, 2016 is 10126.35 Crores. BSE Limited is the market leader in this segment with a market share of 90 percent.