First SME issue finds 200 investors
BCB Finance, the first-ever company listed on the BSE SME exchange today , found 198 investors , according to the company's pre-listing shareholding pattern. Of this, 159 were small investors with investments up to Rs 1 lakh.
IKAB Securities, which is the market maker to the issue, holds 5.53%. Ashok Samani, Usha Samani and Babulal Jain were largest shareholders in the company with 1.53% each.
BCB has divested 30.78% stake in the IPO raising little less than Rs 9 crore. Bharat Bagri and his family entities are promoters of the firm holding 69.22%. The company has a market capitalisation of Rs 29 crore.
The shares listed with a premium of 8% at Rs 27 and was trading at Rs 25.7 after volumes of 0.1 million shares at 1.20 pm.