Sarthi Capital Advisors
has received this award for filing the highest number of offer documents during 2016-17. It has listed 27 companies
on the SME Exchanges, besides doing the same for nine other firms on the ITP platform. This award is a recognition of the merchant banker's second year of success.
Among the companies
listed by Sarthi Capital, Infobeans Technologies
received an IPO subscription of over Rs.1,150 crore, against an issue size of Rs 36.78 crore. Focus Lighting & Fixtures Ltd, on the other hand, was oversubscribed by 89 times. Tiger Logistics & RCI Industries have migrated from BSE SME to the main board exchange.
“It is our endeavour to help small businesses to grow and create value for all stakeholders. We bring value propositions for investors and create opportunities for entrepreneurs. The capital markets are now very much receptive for small businesses and even large investors, including mutual funds and QIBs, look at small but scalable businesses to invest in,” said Deepak Sharma, Group Managing Director, Sarthi Group.
Sarthi Capital’s first listing on the main board exchange will be Salasar Techno Engineering Ltd
that is expected to open in the second week of July, this year, for public subscription.