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Kavita Fabrics and Channel Nine Entertainment were listed on the BSE’s SME platform on Tuesday. Surat-based Kavita Fabrics raised Rs 5.1 crore while Channel Nine Entertainment raised Rs 11.67 crore. With this, BSE’s SME platform has 16 companies listed on it.
IPOs of Subh Tex (India), Bothra Metals and Alloys, GCM Securities and HPC Biosciences Ltd are expected to open soon. In addition, six companies — Finshore Management Services, RJ Biotech, Ashapura Intimates Fashion, Samruddhi Reality, Onesource Techmedia and Lakhotia Polyesters have submitted their offer documents to the BSE and awaiting approval, said a BSE statement.
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