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FSS&S Ltd. first SME with all women directors on board gets listed on BSE SME Platform

Feb 9th, 2018 3:20 pm | By | Category: LATEST NEWS

Ashishkumar Chauhan MD & CEO (BSE)

Ashishkumar Chauhan
MD & CEO (BSE)

(THE NEWSMAN OF INDIA.COM)
SEBI came out with detailed guidelines on 18th 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 13th March, 2012.

Focus Suites Solutions & Services Limited became 224th company respectively to get listed on the BSE SME Platform on February 9, 2018. Focus Suites Solutions & Services Limited came out with an initial public offering of 36,08,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.18/- Per Equity Share(The “Offer Price”), Aggregating to Rs. ‘649.44’ lacs. The company has successfully completed its public issue on February 01, 2018.

Focus Suites Solutions & Services Limited is a Karnataka based company whose registered office is at Bangalore. The company is engaged in the business of project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail, etc. They provide insights to their clients and assist them in making strategic decisions in their respective lines of business.

Mumbai based Pantomath Capital Advisors Private Limited was the lead manager for Focus Suites Solutions & Services Limited.

The 224 companies listed on BSE SME Platform have raised Rs.1863.46 crores from the market and total market capitalization of 224 companies as on 9th February, 2018 is 22085.33 Crores. BSE is the market leader in this segment with a market share of 66 percent.

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