Friday 15 December 2017


Phenomenal gains to investor/promoter under SME Listed Co.’s
This is in furtherance of our newsletter dated 29th November, 2017.  83 Small and Medium Enterprises (SMEs) got listed in the period of April to November, 2017. Average Issue price of these Companies is ₹ 48.40 and Average Market Price as on 1st December, 2017 is ₹ 72.83, it means average % gain is at 24.62%.

*The average issue price of Top 20 Companies is ₹ 58.75 and Average Market Price as on 1st December, 2017 is ₹ 117.45, it means average % gain is at 57.30%.
Investors fancy for these SME IPOs as the reward for the risk taken on the SME platform is more attractive than the stocks on the main board.

*Top 20 based on profitability of the Company.

No comments:

Post a Comment