BSE SME platform sees 14 listings in a year

The platform was launched on March 13 last year

Sunstar Reality Development today listed on the Bombay Stock Exchange's (BSE) SME Platform, after having completed its public issue on February 25, 2013. The company is the 14th to list on the BSE SME Platform.

The BSE SME Platform was launched on March 13, 2012. BCB Finance, Monarch Health Services, Max Alert Systems, Sangam Advisors, Jupiter Info media, Jointeca Education Solutions, SRG Housing Finance, Comfort Comtrade, Anshu's Clothing, RCL Retail, Bronze Infratec, Eco Friendly Food Processing Park, Esteem Bio Organic Food Processing are the other to get listed on the platform in the past year.

Sunstar Reality Development, a Mumbai based company engaged in infrastructure and real estate development. Reality Development came out with an initial public offering of  10,000 equity shares of Rs 10 each for cash at a price of Rs 20 per share, aggregating to 1,062 lakh. The trading lot size is 6,000 shares. Kolkata-based Merchant Bankers was the lead manager for the issue.

BSE has also given approval to companies like Subh Tex (India), Kavita Febrics, Chennel Nine Entertainment, Bothara Metals & Alloys, GCM Securities and HPC Bioscience. These are due to open very soon.

Others like Finshore Management Services, RJ Bio-tech, Ashapura Intimates Fashion, Samruddhi Reality, Onesource Techmedia, Lakhotia Polyesters (India)  have submitted their DRHP with the exchange and are awaiting approval.