SBL Infratech Limited: the company three hundred and forty-eight will be listed on the ESB SME platform

SEBI has published detailed guidelines on the 18e May 2010 for the launch of the SME exchange / platform. ESB became the first stock exchange to obtain approval from SEBI and to launch its SME platform on the 13the March 2012.

SBL Infratech Limited Became the 348th company to be listed on the PME BSE platform on September 28, 2021. SBL Infratech Limited made an initial public offering of 2 13,600 participating shares of Rs 10 each (“participation shares”) for cash at a price of Rs..111 per share of equity (the “Offer Price”), totaling Rs 2.37 crore. The company successfully completed its public offering on September 20, 2021.

SBL Infratech Limited is a company based in New Delhi. The company was engaged in real estate brokerage, land sales and the development and sale of affordable housing.

Fast Track Finsec Private Limited based in Delhi, was the main manager of SBL Infratech Limited.

So far, 114 companies have migrated to the main board. The 347 companies listed on the SME platform BSE have raised Rs 3,700.89 crore in the market and the total market capitalization of 347 companies as of September 27, 2021 is Rs. 36,696.11 crore. ESB is the market leader in this segment with a market share of 61%.

The response since the launch of this platform by ESB has been very positive to date.

About BSE

BSE (formerly Bombay Stock Exchange) established in 1875, is the first stock exchange in Asia and now the fastest in the world with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a leading role in the development of the Indian capital market. BSE is a corporate, demutualized entity, with a large shareholder base that includes the world’s main stock exchange – Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equities, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds. investment and lending and borrowing of shares.

About Myra R.

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