Shubham Polyspin Limited and AKI India Limited Two Hundred and Seventieth and Seventy First Company to get listed on BSE SME Platform

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Mumbai, October 12, 2018: SEBI came out with detailed guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSEbecame the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012.

Shubham Polyspin Limited became 270th company respectively to get listed on the BSE SME Platform on October 12, 2018.Shubham Polyspin Limited came out with an initial public offering of 15,00,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 40/- Per Equity Share(The “Offer Price”), Aggregating to Rs. ‘600.00’ lacs. The company has successfully completed its public issue on October 04, 2018. Shubham Polyspin Limited is a Gujarat based company whose registered office is at Ahmedabad. The company is engaged in manufacturing of Polypropylene Multifilament Yarn of various types i.e. Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn. These yarns are used in various fields like Geo-Textiles, Filter Cloth, In FIBC, HDPE, PP Bags as Mouth & bottom closing thread, Narrow Woven Fabrics (webbings & tapes) etc.

AKI India Limited became 271th company respectively to get listed on the BSE SME Platform on October 12, 2018. AKI India Limited came out with an initial public offering of 28,00,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.11/- Per Equity Share(The “Offer Price”), Aggregating to Rs. ’308.00’ lacs. The company has successfully completed its public issue on October 05, 2018. AKI India Limited is a Uttar Pradesh based company whose registered office is at Kanpur. It is engaged in the activity of producing and export of saddlery goods, services of the leather shoes and trading of the leather chemicals at domestic level.

 Ahmedabad based BeeLine Broking Limited was the lead manager for Shubham Polyspin Limited.

 Kolkata based Finshore Management Services Limited was the lead manager for AKI India Limited.

 The 271 companies listed on BSE SME Platform have raised Rs.2692.84 crores from the market and total market capitalization of 271 companies as on October 12, 2018 is 18,173.27 Crores. BSE is the market leader in this segment with a market share of 59.17 percent.

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