FY19 is likely to be the second best year for share sales of SMEs

As per the latest data of PRIME Database, a primary market tracker in the country, this financial year that is […]

   
FY19-is-poised-to-be-the-second-best-year-for-share-sales-of-SMEs

As per the latest data of PRIME Database, a primary market tracker in the country, this financial year that is April 1st 2019 to March 31st 2020 is likely to be the second best year for share sales of small and medium enterprises (SMEs). The primary market tracker’s report also said that that the SME platforms have seen 106 offerings mop up of about ₹ 1,620 crores. As per news sources, this is higher than the amount raised in any other fiscal year except fiscal year 2018, when the amount mopped up touched about ₹ 2,200 crores. Reports also say that until now, 466 SMEs have listed on the bourses and they have together garnered over ₹ 5,500 crores. It also reported by PRIME Database that, Sirca Paints India and Manorama Industries were the biggest offers in fiscal year 2019, with an issue size of ₹ 74 crore and ₹ 60 crore respectively.

Trending

MSMEs

GeM has processed orders worth ₹ 40,000 cr in GMV in last 3 years, 50% transacted by MSMEs

Day-after-Piyush Goyal snub-Jeff-Bezos

Day after Piyush Goyal snub, Amazon commits to create one million new jobs in India by 2025

Amazon's-$1-bn-investment-in-India-no-big-favour--Minister-of-Commerce-&-Industry

Amazon’s $1 bn investment in India no big favour: Piyush Goyal, Commerce & Industry Minister

Jeff Bezos India visit

Amazon CEO, Jeff Bezos bets on Indian century, invests $1 bn digitizing MSMEs

MSME loans

Piyush Goyal: CGTMSE, SIDBI to set up framework for faster processing of SME loans

GST

Nirmala Sitharaman: GST to be further simplified for traders

UK Sinha committee

Government invites stakeholder’s suggestion on National Technology Mission for MSMEs

Delhi-NCR-the-largest-start-up-ecosystem-in-India,-surpasses-Bangalore

Delhi-NCR the largest start-up ecosystem in India, surpasses Bangalore

Premium Organic Soaps- Contribution to the Community

Anant-Nahata

Public charging infrastructure will be key to electric vehicle success in India: Anant Nahata, MD, Exicom 

MSME payments

Startups, MSMEs request for timely payments from government and corporates

Ashok-Prusty

Indian EV battery industry still searching for commercial battery technology: Ashok Kumar Prusty, Bry-Air