SME NEWSLETTER MAY, 2021 (16th Edition)

During the pandemic, the exchange has organized around 150 webinars to create awareness among SMEs about the advantage of equity funding and listing. More than 60 small and medium enterprises (SMEs) are expected to tap the market in one year to raise equity funds for supporting their business requirements.

As per the survey, 59% of startups and MSMEs (medium and small scale enterprises) are likely to scale down, shut down or sell themselves this year. Only 22% Startups & MSMEs have more than 3-months runway; 41% are out of funds or have less than 1 month of funds left and 49% plan to reduce employee compensation and benefits costs by July.

This Newsletter is prepared to provide specialized information on SME Market Segment to all market participant. This newsletter is prepared to cover the certain events happened in the month of April, 2021. This Newsletter covers the company listed in this month, Preferential Issue, Bonus Issue, ESOP, companies migrated from SME Platform to the main board of the Stock Exchange and also the comparison of pre and post migration price.

This Newsletter also covered the total number of companies listed on SME platform of both the exchanges, Draft Prospectus filed with exchange, Comparison of Stock Exchange Indices with Listed Companies, Bonus Issue, ESOP in SME Exchange and Change in Market lot of the companies.

Merchant Banker and Market Maker

Total SME Companies Listed

Detailed Report on SME Initial Public Offer (IPO) for May, 2021

Name of Company   Kuberan Global Edu Solutions Limited
Date of Listing   05-May-2021
Stock Exchange where listed BSE StartUp  
Industry Education
State Tamil Nadu
Issue Size 1.12 Crore
Market Lot/ Min Order Quantity 6000
No. of Times Subscribe 3.30 times
Lead Manager Fedex Securities Private Limited
IPO price ₹ 20/-
Open on Listing Date ₹ 21/-
52 Wk High ₹ 23.75/-
52 Wk Low ₹ 18.50/-
Closing Price as on 31-05-2021 ₹ 18.50/-
Market Capitalization as on 31-05-2021 3.90 Crore

Preferential Allotment

Name of Company Solex Energy Limited
Date of Listing 31-05-2021
Stock Exchange where listed NSE Emerge
Industry Solar Sector
State Gujarat
Issue Size 10.71 crore
Market Lot/ Min Order Quantity 2000
Date of Allotment 29-04-2021
Category Public
Purpose of Issue Business Growth and Expansion
Issue price ₹ 30/-
Open on Listing Date ₹ 54.50/-
52 Wk High ₹ 59.20/-
52 Wk Low ₹ 20.15/-
Closing Price as on 31-05-2021 ₹ 50/-
Market Capitalization as on 31-05-2021 40 Crore

Comparison Of Listed Company with BSE SME IPO Index and NSE SME Emerge Index

Companies Migrated to Main Board of Exchange in May, 2021

Sr. No. Name of the Company Date of Migration   State Exchange  
1 Shubham Polyspin Limited 31-05-2021 Gujarat BSE
2 Vishal Bearings Limited 31-05-2021 Gujarat BSE
3 Sharika Enterprises Limited 31-05-2021 Delhi BSE
4 Moksh Ornaments Limited 21-05-2021 Maharashtra NSE
5 Ajooni Biotech Limited 07-05-2021 Punjab NSE

Draft Prospectus Filed with Stock Exchange

Sr. No. Name of the Company Date of Draft Prospectus State Exchange
1 NAAPBOOKS Limited 20-05-2021 Gujarat BSE StartUp
2 Focus Business Solution Limited 20-05-2021 Gujarat BSE SME
3 Bew Engineering Limited 07-05-2021 Maharashtra NSE Emerge
4 Prevest Denpro Limited 04-05-2021 Jammu & Kashmir BSE SME

Comparisons Of Listing Price Before And After Migration

Companies Migrated from NSE SME platform to NSE Main Board

Sr. No. Name of Securities Date of Migration Price Before Migration (In Rupees) Price as on 31.05.2021 (In Rupees) Growth/Decline (In Rupees) % of Growth/Decline
1 Moksh Ornaments Limited 21-May-21 67.35 64.15 -3.2 -4.75%
2 Ajooni Biotech Limited 07-May-21 42 69.75 27.75 66.07%
3 Tembo Global Industries Limited 23-Apr-21 107.8 164.15 56.35 52.27%
4 Nitiraj Engineers Limited 22-Apr-21 43.2 60.35 17.15 39.70%
5 Arvee Laboratories (India) Limited 22-Mar-21 43.55 111.5 67.95 156.03%
6 Silgo Retail Limited 03-Mar-21 53.8 42.95 -10.85 -20.17%
7 Iris Clothings Limited 22-Feb-21 59 110.65 51.65 87.54%
8 AKG Exim Limited 16-Feb-21 97.8 27.15 -70.65 -72.24%
9 Rajnandini Metal Limited 16-Feb-21 31.05 98 66.95 215.62%
10 Ahlada Engineers Limited 28-Jan-21 70 115.2 45.2 64.57%
11 Wealth First Portfolio Managers Limited 20-Jan-21 92.1 119.7 27.6 29.97%
12 Godha Cabcon & Insulation Limited 24-Dec-20 34.6 39.9 5.3 15.32%
13 Mangalam Global Enterprise Limited 23-Dec-20 42 47.05 5.05 12.02%
14 RKEC Projects Limited 18-Dec-20 40 75.7 35.7 89.25%
15 Rudrabhishek Enterprises Limited 14-Dec-20 96 230.8 134.8 140.42%
16 Accuracy Shipping Limited 11-Dec-20 29.8 59.85 30.05 100.84%
17 Global Education Limited 07-Dec-20 196 52.8 -143.2 -73.06%
18 Supreme Engineering Limited 04-Dec-20 24.9 36.35 11.45 45.98%
19 Marine Electricals (India) Limited 02-Dec-20 191.5 77.3 -114.2 -59.63%

Companies Migrated from BSE SME platform to BSE Main Board

Sr. No. Name of Securities Date of Migration Price Before Migration (In Rupees) Price as on 31.05.2021 (In Rupees) Growth/Decline (In Rupees) % of Growth/Decline
1 Shubham Polyspin Limited 31-May-21 75.35 76.85 1.5 1.99%
2 Vishal Bearings Limited 31-May-21 27.7 26.55 -1.15 -4.15%
3 Sharika Enterprises Limited 31-May-21 50.05 57.65 7.6 15.18%
4 Sylph Education Solutions Limited 22-Apr-21
5 Deep Polymers Limited 12-Mar-21 70.95 91.45 20.5 28.89%
6 Aditya Vision Limited 15-Jan-21 31.9 391.55 359.65 1127.43%
7 BCPL Railway Infrastructure Limited 04-Jan-21 102.95 56.45 -46.5 -45.17%
8 Palm Jewels Limited 10-Dec-20 40 75.7 35.7 89.25%
9 Gautam Gems Limited 10-Dec-20 28.65 14 -14.65 -51.13%

Changes In Market Lot

Sr. No. Name of the Company Exchange Effective Date Old Market Lot New Market Lot Purpose of Change
1. Par Drugs and Chemicals Limited NSE Emerge 14-06-2021 4000 2000 Bonus Issue

Employee Stock Option Plan

Sr. No. Name of the Company Exchange Listing Date Date of Allotment No. of Shares issued Par value Exercise Price per share
1. Thejo Engineering Limited NSE Emerge 26-05-2021 03-05-2021 4755 ₹ 10/- ₹ 153.75/-

Bonus Issue

Sr. No. Name of the Company Exchange Listing Date Date of Allotment No. of Shares issued Par value
1. Par Drugs and Chemicals Limited NSE Emerge 11-05-2021 30-04-2021 6152318 ₹ 10/-

Performance of Market Maker

S
r. No.
Name of Market Maker Subscription by Market Maker (Rs. In Lakhs) Total No. of Companies
1 Aryaman Capital Markets Limited 158.4 1
2 Beeline Broking Limited 171.94 2
3 Gretex Share Broking Private Limited 10.85 1
4 Harjivandas Nemidas Securities Private Limited 25.20 1
5 Hem Finlease Private Limited 151.20 2
6 Nikunj Stock Brokers Limited 19.20 1
7 NNM Securities Private Limited 38.76 1
8 Pentagon Stock Brokers Private Limited 117.00 1
9 Rikhav Securities Limited 260.95 3
10 Shreni Shares Private Limited 10.65 1

Performance of Merchant Banker

Sr. No. Name of Merchant Banker Total Fund Raised (Rs. In Crore) Total No. of Companies
1 Aryaman Financial Services limited 29.70 1
2 Beeline Broking Limited 3.24 1
3 Fedex Securities Private Limited 50.29 3
4 Gretex Corporate Services Private Limited 2.01 1
5 First Overseas Capital Limited 7.75 1
6 Hem Securities Limited 28.72 2
7 Mark Corporate Advisors Private Limited 4.98 1
8 Pantomath Capital Advisors Private Limited 23.4 1
9 Shreni Shares Private Limited 2.00 1
10 Unistone Capital Private Limited 4.70 1

Disclaimer

This data is prepared based on the offer documents and available market information nothing contain in this data are in violation of any laws, rules, regulation, directive, guideline etc. of any regulatory authority. This newsletter is prepared for the information purpose only nothing contain in this data are intent to any means of invitation to subscribe or invest in the securities of the company. These data and report are subject to copyright in favour of BBL therefore, Reproduction or dissemination, directly or indirectly in any form is prohibited except with the prior written permission of Beeline.

Recipients should not construe any of the contents within the document as advice relating to business, financial, legal, taxation, or investment matters and are advised to consult their own business, financial, legal, taxation and other advisors. This document does not constitute an offer for sale, or an invitation to subscribe for, or purchase equity shares or other assets or securities of any Company and the information contained herein shall not form the basis of any contract.   This document are also not meant to be or to constitute any offer for any transaction.

Past performance is not a guide for future performance, future returns are not guaranteed and investors may suffer losses which may exceed their original capital. The user should consult their own advisors to determine the merits and risks of investment and also read the Risk Disclosure Documents for Capital Markets and Derivative Segments as prescribed by Securities and Exchange Board of India before investing in the Indian Markets.

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