Media Release

Media Release

BSE helps 3 SMEs and 1 Startup list and raise money on BSE SME & Startups Platform amidst nationwide lockdown

Nirmitee Robotics India Limited becomes 5th company to get listed on the BSE Startups Platform on April 21, 2020

Mumbai, April 21, 2020: BSE, India’s leading exchange with a speed of 6 microseconds, has been in the forefront in helping SMEs and Startups raise money and get listed on the exchange.  Amidst the nationwide lockdown announced due to the novel pandemic, BSE SME and Startups segment have seen three SMEs and one startup get listed on the exchange. On April 21, 2020, Nirmitee Robotics India Limited became the 5th company to get listed on the BSE Startups Platform.

The three SMEs listed during the lockdown period - DJ Mediaprint & Logistics Limited, Cospower Engineering Limited, RO Jewels Limited – have raised Rs 9.35 Cr as on April 21, 2020 while the newly-listed startup Nirmitee Robotics India Limited has raised 3.24 Cr.

Nirmitee Robotics India Limited is a pioneer HVAC Air Duct Cleaning Company based in Nagpur with offices around the world. Nirmitee Robotics came out with an initial public offering of 175,200 Equity Shares of Rs.10/- Each (“Equity Shares”) for Cash at a Price Of Rs. 10/- Per Equity Share (The “Offer Price”), Aggregating to Rs. ‘324.00’ lacs. The company has successfully completed its public issue on April 9, 2020. Mumbai-based Aryaman Financial Services Limited was the lead manager for Nirmitee Robotics India Limited.

Commenting on the listing, Mr. Ajay Thakur, Head- BSE SME, said, “BSE in these tough times is helping Startups and SMEs to raise funds through its SME and Startups platforms. We as an institution is wholly committed to the all-round development of the country.”

The four companies listed so far on BSE Startups Platform - Alphalogic Techsys Limited, Transpact Enterprises Limited, Valencia Nutrition Limited and Tranway Technologies Limited have been able to raise Rs. 22.24 crore from the market and the total market capitalization of these companies as on April 21, 2020 is 62.47 crore.  The 322 companies listed on BSE SME Platform have raised Rs. 3,320.48 crores from the market and total market capitalization of these companies as on 21st April 2020 is 15,918.07 Crores.




About BSE

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity 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 (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds & Turmeric.

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’s 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, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Limited, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Limited. (CDSL), associate company of BSE, is one of the two Depositories in India. 

BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of Finance, Government of India. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.

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