Page 2 - Sme Companies

Final hours! LT Elevator IPO closes today; subscription up 95x, GMP at 25%

LT Elevator IPO subscription status Day 3: The demand was led by non-institutional investors (NIIs) as they subscribed to the portion reserved for them by 159.93 times

Airfloa Rail IPO opens on Sept 11; GMP at 114%: Check key dates, price band

Ahead of the opening, the unlisted shares of Airfloa Rail were trading at ₹300 in the grey market, commanding a premium of ₹160 or 114.4 per cent

Anondita Medicare IPO closes today; subscription rises 128x, GMP at 48%

Anondita Medicare IPO received bids for 443.5 million equity shares against 1.55 million shares on offer as of 01:15 PM on Tuesday

DGFT should consider re-credit of advance authorisations in some cases

Where irrefutable evidence is available to show that 'certificate of supplies' or 'invalidation letter' has not been utilized, fully or partly, there ought to be no hesitation in granting re-credit

Imports under FTAs can be cleared under the provisional assessment

Rajagopalan answers readers' SME queries related to GST, export and import matters

PNB to sell entire stake in Isarc for ₹34 crore to streamline portfolio

Punjab National Bank has agreed to sell its entire stake in India SME Asset Reconstruction Company for ₹34 crore, aligning with its plan to exit non-core investments and focus on core banking

Retail sets must be classified according to their essential characteristics

Firstly, the brush you supply has no stand-alone utility or commercial value since it can be used only as an accessory for applying the hair-dye

Sebi bars Synoptics, promoters over IPO fund misuse, probes 20 SMEs

Sebi has barred Synoptics Technologies and its promoters from the market for diverting IPO proceeds and will examine 20 other SME IPOs handled by the same banker

SME migration to mainboard slows as tighter Sebi norms take effect

Migration from SME platform to mainboard has dropped sharply in 2024-25, with SEBI's tighter financial and governance norms expected to slow movement further

NSE tightens rules for SME companies shifting to main board listing

The move comes months after India's markets regulator issued tighter regulations for merchant bankers and initial public offerings by small businesses

Decentro partners Singapore firm DigiAlly for South Asia expansion

The partnership will enable the Bengaluru-based company to enter global markets such as Singapore, Vietnam, South Korea, Australia, Philippine, Indonesia, and deepen presence in India

Markets Today: FIIs; Wall St; Trump tariffs; Active Infra, Rapid Fleet IPOs

In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent

Shri Ahimsa Naturals day 1 update; subscription reaches 52%, GMP up 8%

Shri Ahimsa Naturals is available at a price band of ₹ 113 - ₹119 per share, and a lot size of 1,200 shares

Textiles set for revival in FY25 on stable cotton, stronger RMG exports

In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand

Paradeep Parivahan makes negative debut, lists at 20% discount on BSE SME

The listing of Paradeep Parivahan was significantly below the market expectations

Grand Continent Hotels IPO Day 2; subscription rises 35%, GMP remains flat

Grand Continent Hotels IPO comprises a fresh issue of 6.26 million equity shares, and an offer for sale (OFS) with promoter Ramesh Siva divesting up to 0.33 million equity shares

Showing resilience: SME IPO wagon chugs along amid mainboard slowdown

Retail investors' exuberance, driven by strong after-listing performances, is the primary reason for the robust fundraising through the SME segment

Chatroom: EOU exemption on inputs unavailable for services not exported

You should prepare an e-way bill for sending the goods to the consignee, as instructed by the foreign buyer

Chatroom: Surrender of erroneous drawback payment also attracts interest

TNC Rajagopalan answers SME queries related to GST, export and import matters

UP SMEs eye offshore markets as state targets Rs 3 trillion in exports

To grab international trade opportunities, Indian Industries Association (IIA) will leverage global trade fairs to showcase domestic products across different product categories