Growth in Share Price of Companies Post Migration

Small and Medium enterprises (SMEs) have seen their stocks performing better and giving better returns to investors after they migrated to mainboard from SME platform of BSE and NSE.

Through this newsletter we are presenting few companies which have shifted to mainboard of BSE and NSE. Many of these companies have given better returns to investors compared to the returns which were given while listed on SME platform.

After migration attention of small investors has turned to these companies.

Following data shows increase in price of shares since IPO of few companies post migration to mainboard:

Company	Migrating Date	Issue Price	Market Price (as on 06.06.2018)
Veto Switchgears and cables Limited	10/02/2015	50.00	179.25
Sanco Industries Limited	04/10/2016	18.00	24.25
Hi-Tech Pipes Limited	01/03/2018	50.00	342.00
Dhabriya Polywood Limited	25/04/2017	15.00	120.00
Gala Global Products Limited	07/11/2017	24.00	41.30
Tiger Logistics (India) Limited	12/02/2016	66.00	186.60
SRG Housing Finance Limited	02/02/2015	20.00	273.00
India Finsec Limited	14/10/2015	10.00	32.70
Suyog Telematics Limited	30/12/2016	25.00	296.00

Conclusion:

Thus, these companies have entered the stock market through SME route and have continuously rewarded the investors while they were listed on the SME board as well as on the mainboard

*This write up is dated 6^th June, 2018