Thursday 8 March 2018



Lot of companies from smaller cities have gone for IPO
In the recent past many companies from small parts of India have come out with an IPO.
Listing of the company is not totally dependent upon the type of business of the company or the city where it belongs to. It is also dependent upon the vision of the owner.
Companies from small parts of India can also get listed.
Following table shows the companies belonging to small cities which have come out with an IPO in the recent years:

Sr. No.
Company
City
Date of listing
Issue Size
1.
CHD Chemicals Limited
Chandigarh
01/04/2016
1.98 Cr.
2.
Aditya Consumer Marketing Limited
Patna
17/10/2016
6.00 Cr.
3.
Dynamic Cables Limited
Jaipur
14/12/2017
23.38 Cr.
4.
Vadivarhe Speciality Chemicals Limited
Nashik
02/06/2017
14.46 Cr.
5.
Angel Fibers Limited
Ahmadabad
06/03/2018
18.22 Cr.
6.
Sarveshwar Foods Limited
Jammu
Issue Open: 05/03/2018
Issue Close: 07/03/2018
54.97 Cr.
7.
South West Pinnacle Exploration Ltd.
Gurgaon
19/02/2018
35.86 Cr.
8.
Macpower CNC Machines Ltd.
Rajkot
Issue Open: 12/03/2018
Issue Close: 14/03/2018
36.61 Cr.
9.
Inflame Appliances Ltd.
Solan
Issue Open: 06/03/2018
Issue Close: 08/03/2018
6.48 Cr.

Conclusion:
Thus, from the above information one can conclude that business gets listed from small cities as well. It is not necessary that the companies should belong to any metropolitan cities to get listed. 

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