Gretex Corporate Services Limited - Three Hundred and Forty Three Company to get listed on BSE SME Platform

Gretex Corporate Services Limited became the 343rd company to get listed on the BSE SME Platform on August 9, 2021. Gretex Corporate Services Limited came out with an initial public offering of 3,01,600 equity shares of Rs.10 each for cash at a price of Rs 170 per equity share, aggregating to Rs 5.13 crore. The company has successfully completed its public issue on July 30, 2021.

Gretex Corporate Services Limited is a Maharashtra based company whose registered office is in Mumbai. The company engaged in the business of offering diversified financial and consultancy services in the areas of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory.

Mumbai based Aryaman Financial Services Limited was the lead manager to Gretex Corporate Services Limited

So far, 112 companies have migrated to the main board. The 342 companies listed on BSE SME Platform have raised Rs.3,523.63 crore from the market and total market capitalization of 342 companies as on August 06, 2021 is Rs. 32,866.94 Crore. BSE is the market leader in this segment with a market share of 61 percent.

The response since the launch of this platform by BSE has been very positive to date.

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market.BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure