Media Release

Advance Syntex Limited

One Hundred and Forty Second SME Company to get listed on BSE SME Platform

Mumbai, July 12, 2016: SEBI came out with detailed 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. Advance Syntex Limited became 142^nd company respectively to get listed on the BSE SME Platform on July 12, 2016. Advance Syntex Limited came out with an initial public offering of 21,00,000 Equity Shares of Rs 10/- Each (“Equity Shares”) For Cash At A Price Of Rs 12/- Per Equity Share(The “Issue Price”),Aggregating to ‘252.00’ lacs. The company has successfully completed its public issue on July 4, 2016.

 

 

Advance Syntex Limited is a Gujarat based Company whose registered office is at Vadodara. The Company is engaged in manufacturing of Metalized Films (MF), Lacquered (Coated) Metalized Polyester Films (LMPF), glitter powder (Zari Powder) and Metallic Yarn (Polyester Badla). The Company also produces modified resins, which is used as raw material in manufacturing of LMPF. It is also engaged in the sale of polyester films (also known as BOPET films) and Biaxially Oriented Polypropylene Films (also known as BOPP films). The Company also provided services of coating of Metalized Films on job work basis.

 

Jaipur based Hem Securities Limited was the lead manager for Advance Syntex Limited.

 

The 142 companies listed on BSE SME Platform have raised Rs 1070.98 crores from the market and total market capitalization of 142 companies as on 12^th July, 2016 is 10,450.16 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 141 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

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.  Sprayking Agro Equipment Limited

14.  Kwality Pharmaceuticals Limited

15.  Commercial Syn Bags Limited

16.  Titanium Ten Enterprise Limited

17.  SHIVA GRANITO EXPORT 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.  PRIME CUSTOMER SERVICES LIMITED

14.  Diksat Transworld Limited

15.  Mitsu Chem Plast 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