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Share India Securities -200th SME Company to get listed on BSE SME Platform

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Stock surge 20% on debut Mumbai, October 5, 2017: Share India Securities Ltd, engaged in business of equity broking, investing and trading activities, became two hundredth SME Company to get listed on BSE SME Platform on 5th October 2017. Hon'ble Chief Minister of Maharashtra “Shri Devendra Fadnavis” graced the momentous occasion along with other dignitaries.

Share India Securities Ltd stock made a strong debut and surged 20 percent on listing.  Stock opened at Rs 44.75 and closed at Rs 49.20 a share.
Share India Securities’ Rs 26.37 cr IPO comprised 64,32,000 Equity Shares of face value of Rs. 10 each at price of Rs. 41 was  subscribed 3.87 times, as per data available on BSE SME Exchange on the issue closing day (26th September 2017).
The Lead Manager to the Issue is Hem Securities Limited, a leading player in SME IPOs and the Registrar to the Offer is Bigshare Services Pvt. Ltd.
For the Fiscal year ended on March 31, 2017and March 31, 2016, total revenue for Share India stood at R…