Mar 22: Shreeshay Engineers Ltd (BSE:541112) and Inflame Appliances Ltd ( BSE:541083) have listed in BSE SME Platform raising the number of companies in this segment to 232 with a total market capitalisation of Rs 23,417.47 cr.
Shreeshay Engineers came out with an initial public offering of 3,600,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.13/- Per Equity Share(The “Offer Price”), Aggregating to Rs.‘5.40’ crore. The company has successfully completed its public issue on March 13, 2018.
Incorporated in 2006, Shreeshay Engineers Limited (SEL) is a real estate construction and engineering company engaged in providing supply of materials, designing and contracting capabilities as well as construction project management services. Company is a part of the DKP Group which has large presence in the real estate market in and around Mumbai.
Inflame Appliances Limited came out with an initial public offering of 12,00,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs.54/- Per Equity Share(The “Offer Price”), Aggregating to Rs.‘648.00’ lacs. The company has successfully completed its public issue on March 08, 2018.
Inflame Appliances Securities Limited is a Solan based company whose registered office is at Himachal Pradesh. The company is engaged in the business of manufacturing of LPG Gas Stove/cooktops and Sheet Metal Components.