Achyut Healthcare and Evoq Remedies become the 366th and 367th company, respectively, to list on the BSE SME platform | spcilvly

In a major development, Achyut Healthcare Limited and Evoq Remedies Limited became the 366th and 367th company, respectively, to be listed on the BSE SME platform on March 30, 2022.

Achyut Healthcare Limited launched an initial public offering of 18,000,000 equity shares of Rs 10 each (“equity shares”) in cash at a price of Rs. 20 per equity share (the “offer price”), aggregating to Rs. 3.60 crores. The company successfully completed its public issue on March 22, 2022. Evoq Remedies Limited launched an initial public offering of 36,000,000 equity shares of Rs 10 each (“equity shares”) in cash at a price of Rs. 27 per share (the “offer price”), which amounts to Rs. 9.72 crores. The company successfully completed its public issue on March 22, 2022.

So far, 131 companies have migrated to the main dashboard. The 365 companies listed on the BSE SME platform have raised Rs 3,884.54 crore from the market and the total market capitalization of 365 companies as on March 29, 2022 is Rs. 47,782.00 million rupees. BSE is the market leader in this segment with a market share of 61 per cent.

SEBI released detailed guidelines on May 18, 2010 for launching SME Exchange/Platform.

BSE was the first stock exchange to get approval from SEBI and launch its SME platform on March 13, 2012.

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