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FY19 is poised to be the second best year for share sales of SMEs

The SME platform has seen 106 offerings mop up Rs 1,620 crore, latest data available with PRIME Database, a primary market tracker, shows

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Ashley Coutinho Mumbai
This financial year is poised to be the second best year for share sales of small and medium enterprises (SMEs).
 
The SME platform has seen 106 offerings mop up Rs 1,620 crore, latest data available with PRIME Database, a primary market tracker, shows. This is higher than the amount raised in any other fiscal except FY18 when the amount mopped up touched Rs 2,200 crore. To date, 466 SMEs have listed on the bourses and together garnered over Rs 5,500 crore.
 
Sirca Paints India and Manorama Industries were the biggest offers in FY19, with an issue size of

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First Published: Mar 27 2019 | 10:03 PM IST

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