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First SME issue finds 200 investors

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BS Reporter Mumbai

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.

 

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First Published: Mar 13 2012 | 1:28 PM IST

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