The Path of Public Listing - SME IPO.pdf
Sandeep814482
149 views
35 slides
Sep 24, 2024
Slide 1 of 35
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
About This Presentation
SME IPO
Slide Content
Nang}
Agenda
© ‘SME IPO Landscape: Numbers Telling the Story
© Advantages of SME IPO: Growth for Business, Value for Investors
© Challenges of SME IPO: Hurdles on the Highway
© Definition and Eli
IPO Tax Insights for Investors
ty: Unlocking IPO Door for SMEs
Migration from SME To Main Board: Crossing the Bridge
© SME vs Main Board
© Process of SME IPO listing: Charting the Course
© Compliance compass for SMEs: Regulatory Terrain
© Glossary
© Annexures.
Nangia Andersen LLP A
ot ANDERSENGLOBAL,
© ‘SME IPO Landscape: Numbers Telling the Story
© Advantages of SME IPO: Growth for Business, Value for Investors
© Challenges of SME IPO: Hurdles on the Highway
© Definition and Eli
IPO Tax Insights for Investors
ty: Unlocking IPO Door for SMEs
Migration from SME To Main Board: Crossing the Bridge
© SME vs Main Board
© Process of SME IPO listing: Charting the Course
© Compliance compass for SMEs: Regulatory Terrain
© Glossary
© Annexures.
Nangia Andersen LLP A
ot ANDERSENGLOBAL,
SME IPO Landscape: Numbers Telling the Story* (1 of 2)
Market 4 Sectorial Distribution of SME IPOs
Capitalisation INR 1,630 Bn
gra indus
-980 “323 ‘= Apparels and Accessories
= Auomobies and au components
ME IP Migration to
ce Main Board
a Ormes
No of Companies = Oonsuting sanices
eligible for trading
Consumer Durables
‘Container and packaging
_Reler Annexure 1 and Annexure 2 for list of SMEs listed on BSE and NSE oct
nas
Var ws Drap of SHE POS naa es
a ein
=
on D
=
a
5 Le L L h a u "Trading and dstituion
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 een
peepee eye
een ee Re
Nangia Andersen LLP a A member tim ot ANDERSENGLOBAL,
Market 4 Sectorial Distribution of SME IPOs
Capitalisation INR 1,630 Bn
gra indus
-980 “323 ‘= Apparels and Accessories
= Auomobies and au components
ME IP Migration to
ce Main Board
a Ormes
No of Companies = Oonsuting sanices
eligible for trading
Consumer Durables
‘Container and packaging
_Reler Annexure 1 and Annexure 2 for list of SMEs listed on BSE and NSE oct
nas
Var ws Drap of SHE POS naa es
a ein
=
on D
=
a
5 Le L L h a u "Trading and dstituion
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 een
peepee eye
een ee Re
Nangia Andersen LLP a A member tim ot ANDERSENGLOBAL,
SME IPO Landscape: Numbers Telling the Story (2 of 2)
‘Companies’ recently listed
sector J x ) za J
Ss Hari@m
Consumer =u
Sons Consumer HOAC Foods ia
reais Utes Unie
France
Se as
a y
Realestate Masvs E
sai enge
. .
memes (im ()
e es
Fr Da
Healthcare Hai (8)
ET ZENITH
cm eae
Logos of ars nis used kr usan purposes any. 4 gs rsenod wih ho rspocv ens.
Nangia Andersen LLP
Returns of companies listed in 2024 In IT & ITeS sector!
% RETURNS IN 2024
retums in 2024
500
400
300
200
100
0 44
Trust Fintech TAC Infosec _ Esconet Docmode Addictie HRH Next
Technologies Health Learning Services
10 Technologies Technology
"Based on publicaly avalabie data on market pices as on June 20, 2024
4 ANDERSENGLOBAL,
‘Companies’ recently listed
sector J x ) za J
Ss Hari@m
Consumer =u
Sons Consumer HOAC Foods ia
reais Utes Unie
France
Se as
a y
Realestate Masvs E
sai enge
. .
memes (im ()
e es
Fr Da
Healthcare Hai (8)
ET ZENITH
cm eae
Logos of ars nis used kr usan purposes any. 4 gs rsenod wih ho rspocv ens.
Nangia Andersen LLP
Returns of companies listed in 2024 In IT & ITeS sector!
% RETURNS IN 2024
retums in 2024
500
400
300
200
100
0 44
Trust Fintech TAC Infosec _ Esconet Docmode Addictie HRH Next
Technologies Health Learning Services
10 Technologies Technology
"Based on publicaly avalabie data on market pices as on June 20, 2024
4 ANDERSENGLOBAL,
Advantages of SME IPO: Growth for Business, Value for Investors
Enhanced
visibilty of Cos
performance due
to increased
disclosure and
regulatory 9 A à
compliance Higher valuations he roe
\ requirements due o increased ne
transparency, iquiity Ce
use: Potential and market
Access to unique
technology driven Cos
not available in public
mateı hend confidence
Distribution o risks \ early-stage ee leadership
due to increase in \ investors and nta
Tounders! inlusion ena
to
number of investors
realise gains from,
investment
ANDERSENGLOBAL,
Nangia Andersen LLP
Enhanced
visibilty of Cos
performance due
to increased
disclosure and
regulatory 9 A à
compliance Higher valuations he roe
\ requirements due o increased ne
transparency, iquiity Ce
use: Potential and market
Access to unique
technology driven Cos
not available in public
mateı hend confidence
Distribution o risks \ early-stage ee leadership
due to increase in \ investors and nta
Tounders! inlusion ena
to
number of investors
realise gains from,
investment
ANDERSENGLOBAL,
Nangia Andersen LLP
Challenges of SME IPO: Hurdles on the Highway
Challenges for SMEs
+ High cost and time commitment: Need to factorin legal, accounting, underwriting
fees which could be significant when compared to existing scale of Cos operations
Market volatility risk: Heavily influenced by market conditions
Building investor confidence: Low brand recognition could pose challenges to
atractinvestors
‘Compliance: Strict regulatory complance requirements including appointment of
(Compliance officer, monitoring agency, etc
Challenges for Investors
‘Lock-in Period: Limits promoters! pre-issue shareholders’ ability to realise immediate
gains and respond to changing market conditions
+ Exit strategy: Lower marketabiliy of SME portfolios could make exits dificult
+ Limited allocation: Oversubscription could limit access to IPO shares for retail investors
Heightened regulatory focus on SME IPOs
Funds raised not used for purposes mentioned in offer document
Ania inflated tracing volumes to create false sense of demand
Potential price manipulation (due fo concentration among select investor groups)
\Misfires due to weak internal financial controls and governance standards
Unusual high subscriptions and high listing premium:
‘Concerns regarding background and ethical practices of promoters
Nangia Andersen LLP 6 ANDERSENGLOBAL,
Challenges for SMEs
+ High cost and time commitment: Need to factorin legal, accounting, underwriting
fees which could be significant when compared to existing scale of Cos operations
Market volatility risk: Heavily influenced by market conditions
Building investor confidence: Low brand recognition could pose challenges to
atractinvestors
‘Compliance: Strict regulatory complance requirements including appointment of
(Compliance officer, monitoring agency, etc
Challenges for Investors
‘Lock-in Period: Limits promoters! pre-issue shareholders’ ability to realise immediate
gains and respond to changing market conditions
+ Exit strategy: Lower marketabiliy of SME portfolios could make exits dificult
+ Limited allocation: Oversubscription could limit access to IPO shares for retail investors
Heightened regulatory focus on SME IPOs
Funds raised not used for purposes mentioned in offer document
Ania inflated tracing volumes to create false sense of demand
Potential price manipulation (due fo concentration among select investor groups)
\Misfires due to weak internal financial controls and governance standards
Unusual high subscriptions and high listing premium:
‘Concerns regarding background and ethical practices of promoters
Nangia Andersen LLP 6 ANDERSENGLOBAL,
Definition and Eligibility: Unlocking IPO Door for SMEs (1 of 3)
What are SMEs ?
ue PUC up to INR 100 à
pital of ma
Eligibility requirements and conditions for SME IPO under SEBI ICDR Regulations, 2018
Conditions to be satisfied on date of filing draft offer document with SME Exchange and also on date of filing offer
documents with ROC
Specified
securities’ held
by promoters
should be in
dematerialized
form
‘Amount for
general
corporate
purposes shall
not exceed 25%
ofissue
proceeds
Existing partly
paid-up shares
have either been
fully paid-up or
forfeited
‘Equity shares and convert secures
Nangia Andersen LLP
Debt Instrument
+ SME may make IPO of |
convertible debt 1
instruments without 1
making prior public issue!
of equity shares. y
Not eligible i issuers in I
default of payment of !
interest or principal for |
more than 6 months with |
respect to public issued 1
debt instruments (any)!
1
1
1
1
1
1
1
1
1
Share Warrants
+ SMEs can issue warrants
in an IPO with maximum
tenure of 18 months
Price formula for
determination of exercise |
price to be defined upfronti
25% of consideration
‘amount based on
exercise price shall be
received upfront
ANDERSENGLOBAL,
What are SMEs ?
ue PUC up to INR 100 à
pital of ma
Eligibility requirements and conditions for SME IPO under SEBI ICDR Regulations, 2018
Conditions to be satisfied on date of filing draft offer document with SME Exchange and also on date of filing offer
documents with ROC
Specified
securities’ held
by promoters
should be in
dematerialized
form
‘Amount for
general
corporate
purposes shall
not exceed 25%
ofissue
proceeds
Existing partly
paid-up shares
have either been
fully paid-up or
forfeited
‘Equity shares and convert secures
Nangia Andersen LLP
Debt Instrument
+ SME may make IPO of |
convertible debt 1
instruments without 1
making prior public issue!
of equity shares. y
Not eligible i issuers in I
default of payment of !
interest or principal for |
more than 6 months with |
respect to public issued 1
debt instruments (any)!
1
1
1
1
1
1
1
1
1
Share Warrants
+ SMEs can issue warrants
in an IPO with maximum
tenure of 18 months
Price formula for
determination of exercise |
price to be defined upfronti
25% of consideration
‘amount based on
exercise price shall be
received upfront
ANDERSENGLOBAL,
Definition and Eligibility: Unlocking IPO Door for SMEs (2 of 3)
Conditions by Conditions by
BSE SME NSE Emerge
Up to INR 250 Mn RS Up to INR 250 Mn
2INR 10 Mn for 2preceding ful FY Networtht ‘Should be positive
INR 30.Mnin ast preceding ful FY Nettangible Not speciied
m. assets es
OP for out of 3 preceding FYS.
{including OP for one ful FY preceding EBITDA OP for 2 out of 3 preceding FYS
‘pplication date)
Leverage
Not more than 3:1 Ratio Not specitied
Atleast 3 years Track record
In absone of years, IPO project tobe appraised
‘Minimum 3 years of experience in same business
‘and fundedby NABARD, SIDBI. Barks, Fl aan Ê
line and holding at least 20% ol post issue equiy
share capital
] + Track record of operations fr at least one ful FY
‘Additional conditions in case of
technology start-ups by NSE
Emerge
Shareholding condi
as on date offing dt
offer document a
Annual growth
past year (no of user
ue growth’ customer
At least 10° At least 10° (555)
ue capital to re-issue capital
by als held by member
‘Angel Investor Having investment in 25 or
DOCTOR more start-ups aggregating
Equity Firm to INR 500 Mn or more
5
ing defaults
SU principal
yment to bond!
debenture! FD
holders/banks/ FI
agarst
inding up
tea: Pod share pl Al eses creed tof os Sec premi eb ced balance SPL /- ther ments
Nangia Andersen LLP
in past3 years
‘Other general isting conditions
No suspension of
disciplinary action by trading against i promoters of
Stock exchanges or Promoter(s) or y elite applicant
reguiatory authorities fl promoting Cos. or suspendes ing 1 year
y due to
ANDERSENGLOBAL,
Conditions by Conditions by
BSE SME NSE Emerge
Up to INR 250 Mn RS Up to INR 250 Mn
2INR 10 Mn for 2preceding ful FY Networtht ‘Should be positive
INR 30.Mnin ast preceding ful FY Nettangible Not speciied
m. assets es
OP for out of 3 preceding FYS.
{including OP for one ful FY preceding EBITDA OP for 2 out of 3 preceding FYS
‘pplication date)
Leverage
Not more than 3:1 Ratio Not specitied
Atleast 3 years Track record
In absone of years, IPO project tobe appraised
‘Minimum 3 years of experience in same business
‘and fundedby NABARD, SIDBI. Barks, Fl aan Ê
line and holding at least 20% ol post issue equiy
share capital
] + Track record of operations fr at least one ful FY
‘Additional conditions in case of
technology start-ups by NSE
Emerge
Shareholding condi
as on date offing dt
offer document a
Annual growth
past year (no of user
ue growth’ customer
At least 10° At least 10° (555)
ue capital to re-issue capital
by als held by member
‘Angel Investor Having investment in 25 or
DOCTOR more start-ups aggregating
Equity Firm to INR 500 Mn or more
5
ing defaults
SU principal
yment to bond!
debenture! FD
holders/banks/ FI
agarst
inding up
tea: Pod share pl Al eses creed tof os Sec premi eb ced balance SPL /- ther ments
Nangia Andersen LLP
in past3 years
‘Other general isting conditions
No suspension of
disciplinary action by trading against i promoters of
Stock exchanges or Promoter(s) or y elite applicant
reguiatory authorities fl promoting Cos. or suspendes ing 1 year
y due to
ANDERSENGLOBAL,
Definition and Eligibility: Unlocking IPO Door for SMEs (3 of 3)
oe Lockcin conditions. —
A
+ Promoter to hold atleast 20% post
issue capital
+ tless than 20%, shortfall may be
Minimum
Promoters’
ee covered up to 10% by AIF, foreign Employees under ESOP / ESOT
Sn E
nico a E ur
Incligible securities |" Romana @ à O
issue expanded capital
= Securties acquired during a others (Peru)
preceding 3 years:
+ forconsideration other than cash
+ from bonus issue out of revaluation]
reserve or unrealised profits
‘Not applicable I, diferential price is paid to
a ten See Ibo socias sited pra iactbed a no remot scutes ma
ES IO
Es o atone a o Met
‘Securities pledged with creditor TES lock-in period ich granted for financing objects of
5
Securities of other persons may
ae
cia eg ee GRR, Cocoa
Appointment of lead manager (M8), Registrar and Compliance Officer N een
ER Information in offer document not older than 6 months from issue opening date.
IE Retail investors or employees may be offered maximum 10% discount rs al
Issuer shall deposit 1% ol issue size available for subscription to public Eo pos EINRABNO 240% M post Ko
MM Mandatory underwriting of 100% of offer peau coos ern e | = ral al
A innecesario | AO e ne as al ES me
"Fram dale of purhase From dal of aliment (FO reg cortiouton ma by AF, fran VO, schedud commercial
‘bans, pubic Fs er nsuanee os From ate o commencement a comma reden or dof allimentin PO, whichever 6
Inter
Nangia Andersen LLP 8 Amember fimo ANDERSENGLOBAL,
oe Lockcin conditions. —
A
+ Promoter to hold atleast 20% post
issue capital
+ tless than 20%, shortfall may be
Minimum
Promoters’
ee covered up to 10% by AIF, foreign Employees under ESOP / ESOT
Sn E
nico a E ur
Incligible securities |" Romana @ à O
issue expanded capital
= Securties acquired during a others (Peru)
preceding 3 years:
+ forconsideration other than cash
+ from bonus issue out of revaluation]
reserve or unrealised profits
‘Not applicable I, diferential price is paid to
a ten See Ibo socias sited pra iactbed a no remot scutes ma
ES IO
Es o atone a o Met
‘Securities pledged with creditor TES lock-in period ich granted for financing objects of
5
Securities of other persons may
ae
cia eg ee GRR, Cocoa
Appointment of lead manager (M8), Registrar and Compliance Officer N een
ER Information in offer document not older than 6 months from issue opening date.
IE Retail investors or employees may be offered maximum 10% discount rs al
Issuer shall deposit 1% ol issue size available for subscription to public Eo pos EINRABNO 240% M post Ko
MM Mandatory underwriting of 100% of offer peau coos ern e | = ral al
A innecesario | AO e ne as al ES me
"Fram dale of purhase From dal of aliment (FO reg cortiouton ma by AF, fran VO, schedud commercial
‘bans, pubic Fs er nsuanee os From ate o commencement a comma reden or dof allimentin PO, whichever 6
Inter
Nangia Andersen LLP 8 Amember fimo ANDERSENGLOBAL,
Definition and Eligibility: Unlocking IPO Door for SMEs (Illustrations)
capital locked-in for 1 year
Lockein period of 4
> ————
Fob1,2025 Aug $0, 2025
oe : Investor (other than Promoters) pre-issue
Feb 1, 2028 Aug 30,2024
Allotment of
‘securities in PO
Lockein period of X
(2) Transfer of locked-in securities
A» | Other Promoter(s)/
Promoter Group
Transfer of locked: sh
In secu
Le ny other person
Other than ‘Any other person /
Peal — + | Promoter/ Promoter
Transfer Slockedin ps
‘secures
y
Only to persons holding locked-in securities
Nangia Andersen LLP
Minimum Promoters Contribution Nid
ce
INR 10 Mn INRS Ma
Promoter
share
INR 100 Mo
Option Option 2
Promote to infuse Short upto 10% le INR 10
additonal captal ot "Mn could be infused by AIF
INR 15 Mn to meet ‘or foreign VC or scheduled
short commercialbanks or pubic
Fis or Insurance Cos.
Balance to be infused by
Promoter le INR 5 Mn
ANDERSENGLOBAL,
capital locked-in for 1 year
Lockein period of 4
> ————
Fob1,2025 Aug $0, 2025
oe : Investor (other than Promoters) pre-issue
Feb 1, 2028 Aug 30,2024
Allotment of
‘securities in PO
Lockein period of X
(2) Transfer of locked-in securities
A» | Other Promoter(s)/
Promoter Group
Transfer of locked: sh
In secu
Le ny other person
Other than ‘Any other person /
Peal — + | Promoter/ Promoter
Transfer Slockedin ps
‘secures
y
Only to persons holding locked-in securities
Nangia Andersen LLP
Minimum Promoters Contribution Nid
ce
INR 10 Mn INRS Ma
Promoter
share
INR 100 Mo
Option Option 2
Promote to infuse Short upto 10% le INR 10
additonal captal ot "Mn could be infused by AIF
INR 15 Mn to meet ‘or foreign VC or scheduled
short commercialbanks or pubic
Fis or Insurance Cos.
Balance to be infused by
Promoter le INR 5 Mn
ANDERSENGLOBAL,
Income Tax Insights for Pre-IPO Investors
ES
|
as
a STOG - Appkcabie sab rates? y
STOG - 15%!
Capital Gains (listed shares) LTCG SINR 0.1 Mn Exempt
LTCG > INR 0.1 Mn - 10%!
POH<24months POH > 24 months
Section 111A conditions:
‘Pts appicabe Surcharge (maximum 15 perce) and Ces. Highest ETA would be N Sana on
ETA orn abled blow sum eso came arts 30% (hen DD) meme
EE N 31.20% TT paid on acquit
cr
am aux Q
Shares beng united Separate 4
“Based on assumption that investors would be lable to pay income tax under highest slab rate disclosure in Rol
I case indviual has opted for new tax regime, the maximum surcharge rate applicable is
+ memes X
Nangia Andersen LLP " ANDERSENGLOBAL,
ES
|
as
a STOG - Appkcabie sab rates? y
STOG - 15%!
Capital Gains (listed shares) LTCG SINR 0.1 Mn Exempt
LTCG > INR 0.1 Mn - 10%!
POH<24months POH > 24 months
Section 111A conditions:
‘Pts appicabe Surcharge (maximum 15 perce) and Ces. Highest ETA would be N Sana on
ETA orn abled blow sum eso came arts 30% (hen DD) meme
EE N 31.20% TT paid on acquit
cr
am aux Q
Shares beng united Separate 4
“Based on assumption that investors would be lable to pay income tax under highest slab rate disclosure in Rol
I case indviual has opted for new tax regime, the maximum surcharge rate applicable is
+ memes X
Nangia Andersen LLP " ANDERSENGLOBAL,
+ PA
Fal Minimum 3 years on SME ) LAT General Conditions
Market 29 Main Board No material regulatory action in the past
+ Eee o Exchange 3 years such as suspension of trading
‘against the applicant Co, Promoters/
Promoter group
No Disqualification/ Debarment of,
Directors of Co by any Regulatory
Authority
BSE NSE
No winding up petition admitted by NCLT
‘against Co or no proceedings admitted
under IBC against Co or Promoting Cos
Cooling period of two months from the
date security has come out of trade-to-
trade category or any other surveillance
tion
Nangia Andersen LLP 13 ANDERSEN
Fal Minimum 3 years on SME ) LAT General Conditions
Market 29 Main Board No material regulatory action in the past
+ Eee o Exchange 3 years such as suspension of trading
‘against the applicant Co, Promoters/
Promoter group
No Disqualification/ Debarment of,
Directors of Co by any Regulatory
Authority
BSE NSE
No winding up petition admitted by NCLT
‘against Co or no proceedings admitted
under IBC against Co or Promoting Cos
Cooling period of two months from the
date security has come out of trade-to-
trade category or any other surveillance
tion
Nangia Andersen LLP 13 ANDERSEN
SME vs Main Board
Track record OP
IPO Application size
Review of draft offer documents
IPO grading
1PO Timetrame
‘SMEIPO
(OP in 2 out ol immediately 3 preceding years.
(including OP for one full FY preceding
application date)!
Minimum INR 0.1 Mn
By Exchange.
‘SEBI shall not issue any observations
‘Shall not exceed INR 100 Mn
Hall yearly
Not required
Mandatory 100% (out of which MB 10
underwrite a least 15% of issue size on own,
account)
‘Mandatory for minimum period of 3 years
from listing date
Minimum 50
310 5 months o issue IPO
Main Board IPO
Average proft of = INR 150 Mn in 3
Preceding years and operating profit in
ach of 3 preceding years .
Minimum value of
INR 10,000 - INR 15,000
By SEBI - May specity changes orissue
‘observations on draft offer documents
Minimum INR 100 Mn?
Quarterly
May obtain from SEBI registered credit rating
agencies
Mandatory only for IPO through book building
process - atleast I extent of minimum
‘subscription
Not required
‘Minimum 1000
8 months or more to issue IPO
"itera o having OP for one u FY preceding appleaon antes peserbedby BSE SME ony? Ciena ol minimum PUC prserbed by NSE ony
Nangia Andersen LLP
1
ing process
provided it undertakes 10
a
e
ANDERSENGLOBAL,
Track record OP
IPO Application size
Review of draft offer documents
IPO grading
1PO Timetrame
‘SMEIPO
(OP in 2 out ol immediately 3 preceding years.
(including OP for one full FY preceding
application date)!
Minimum INR 0.1 Mn
By Exchange.
‘SEBI shall not issue any observations
‘Shall not exceed INR 100 Mn
Hall yearly
Not required
Mandatory 100% (out of which MB 10
underwrite a least 15% of issue size on own,
account)
‘Mandatory for minimum period of 3 years
from listing date
Minimum 50
310 5 months o issue IPO
Main Board IPO
Average proft of = INR 150 Mn in 3
Preceding years and operating profit in
ach of 3 preceding years .
Minimum value of
INR 10,000 - INR 15,000
By SEBI - May specity changes orissue
‘observations on draft offer documents
Minimum INR 100 Mn?
Quarterly
May obtain from SEBI registered credit rating
agencies
Mandatory only for IPO through book building
process - atleast I extent of minimum
‘subscription
Not required
‘Minimum 1000
8 months or more to issue IPO
"itera o having OP for one u FY preceding appleaon antes peserbedby BSE SME ony? Ciena ol minimum PUC prserbed by NSE ony
Nangia Andersen LLP
1
ing process
provided it undertakes 10
a
e
ANDERSENGLOBAL,
Process of SME IPO listing: Charting the Course
5-10 weeks
= Board Approval
Approval of various Authorities
= Due Diligence
Prepare DRHP
DRHP filing with Exchange
Filing and Regulatory Approval
2- 4 weeks
Receive in principle approval of
Exchange
Filing offer documents with ROC
= Filing of final prospectus with
Exchange and SEBI
2 weeks
Pre-issue preparations
Offer opens
Monitoring of issue collections
Closure of offer
Statutory ads at various stage
b
cone YA
Post issue formalities
2weeks
Finalise basis of allotment
= SEBI and Exchange submission
Listing Formales and permission
= Trading on SME Platform
= Grievance redressal, any
*SEBI cont sont an advisory ot o vestment bakers requin enharcad dios and nroaso due diznce on companies planing IPO, Few pons rcudodi sy neto ar cancelan a special gts ol ay haroolor under ADA botre
‘AHP, discos ol sin ROC ngs by Companis, lo
Nangia Andersen LLP “
ANDERSENGLOBAL,
5-10 weeks
= Board Approval
Approval of various Authorities
= Due Diligence
Prepare DRHP
DRHP filing with Exchange
Filing and Regulatory Approval
2- 4 weeks
Receive in principle approval of
Exchange
Filing offer documents with ROC
= Filing of final prospectus with
Exchange and SEBI
2 weeks
Pre-issue preparations
Offer opens
Monitoring of issue collections
Closure of offer
Statutory ads at various stage
b
cone YA
Post issue formalities
2weeks
Finalise basis of allotment
= SEBI and Exchange submission
Listing Formales and permission
= Trading on SME Platform
= Grievance redressal, any
*SEBI cont sont an advisory ot o vestment bakers requin enharcad dios and nroaso due diznce on companies planing IPO, Few pons rcudodi sy neto ar cancelan a special gts ol ay haroolor under ADA botre
‘AHP, discos ol sin ROC ngs by Companis, lo
Nangia Andersen LLP “
ANDERSENGLOBAL,
Compliance compass for SMEs: Regulatory Terrain!
6) Quarterly compliance
File statement of Grievance
Within 21 days nn
Reconciliation of share capital
audit report
Within 30 days
Event based compliance
EA Prior intimation of BM tor
advance? financial results
Statement showing
MALES Gi) | shareholding pattern in case of
‘change capital restructuring (if more
than 2%)
Within 2 workings
days conclusion of Voting results
AGM
Half yearly compliance
Within 21 days
Within 45 days for
first half year and
60 days for
second half year
Within 45 days
Statement showing shareholding
pattern
‘Statement of deviation or variation
in use of proceeds
‘Submit financial results to SE
Annual compliance
Within 30 days
from end of FY
Within 60 days.
from end of FY
On or before
‘Compliance Cerificate duly signed
‘by Compliance Officer and RTA
Filing of CS certificate certiying
transfer of securities
‘Annual audited standalone
financial results
! Source: Complance Calor on NSE wobste. Cnplancerequtements shown above are indicate ony. ote SEB (Using Oblgatons and Discsuo Requirements) Reglas, 2015 fe doaledcanplances
*Exclaing the dat of maton and date of meng
Nangia Andersen LLP 15
ORTE Annual reports to SE and publish
of dispatch to ‘on website
shareholders
e
Amamber im ot ANDERSENGLOBAL,
6) Quarterly compliance
File statement of Grievance
Within 21 days nn
Reconciliation of share capital
audit report
Within 30 days
Event based compliance
EA Prior intimation of BM tor
advance? financial results
Statement showing
MALES Gi) | shareholding pattern in case of
‘change capital restructuring (if more
than 2%)
Within 2 workings
days conclusion of Voting results
AGM
Half yearly compliance
Within 21 days
Within 45 days for
first half year and
60 days for
second half year
Within 45 days
Statement showing shareholding
pattern
‘Statement of deviation or variation
in use of proceeds
‘Submit financial results to SE
Annual compliance
Within 30 days
from end of FY
Within 60 days.
from end of FY
On or before
‘Compliance Cerificate duly signed
‘by Compliance Officer and RTA
Filing of CS certificate certiying
transfer of securities
‘Annual audited standalone
financial results
! Source: Complance Calor on NSE wobste. Cnplancerequtements shown above are indicate ony. ote SEB (Using Oblgatons and Discsuo Requirements) Reglas, 2015 fe doaledcanplances
*Exclaing the dat of maton and date of meng
Nangia Andersen LLP 15
ORTE Annual reports to SE and publish
of dispatch to ‘on website
shareholders
e
Amamber im ot ANDERSENGLOBAL,
Glossary
SINo Term Abbreviation
1 AGM Annual General Meeting
2 A AArificial Intelligence
3 AIF Alternative Investment Fund
4 AOA Articles of Assosiation
5 BM Board Meeting
6 En Billion
7 BSE Bombay Stock Exchange
8 CBDT Central Board of Direct Tax
9 Co ‘Company
10 CS Company Secretary
11 DRHP Draft Red Herring Prospectus
Eamings Before Interest, Taxes,
EBITDA Depreciation, and Amortization
13 ESOP Employee Stock Option Plan
14 ESOT Employee Stock Option Trust
15 ETR Effective Tax Rate
16 FD Fixed Deposits
17 FI Financial Institutions
18 FMCG Fast Moving Consumer Goods
Nangia Andersen LLP
SI No
19
20
2
2
23
24
25
2888
RER
Pal
1BC Insolvency and Bankruptcy Code
=
po
IPO Initial Public Offer
EII
ITR Income Tax Return
LTCA Long Term Capital Asset
LTCG Long Term Capital Gain
MB Merchant Banker
MF Mutual Funds:
Mn Milion
NNABARD National Bank For Agriculture And
Rural Development
NCLT National Company Law Tribunal
nun |Non-institutional Investors
SINo
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Term
NSE
oP
PAT
POH
PUC
aB
ROC
Rol
ATA
SEBI
IDB
SME
STCA
STCG
ST
ve
‘Abbreviation
National Stock Exchange
Operating Profits
Profit After Tax
Period of Holding
Paid up capital
(Qualified Institutional Buyers
Registrar of Companies
Return of income
Registrar and Transfer Agents
‘Stock Exchange
‘Securities and Exchange Board of
India
Small industries Development
Bank of India
Small and Medium Enterprises
‘Short Term Capital Asset
Short Term Capital Gain
‘Securities Transaction Tax
Venture Capital
ANDERSENGLOBAL,
SINo Term Abbreviation
1 AGM Annual General Meeting
2 A AArificial Intelligence
3 AIF Alternative Investment Fund
4 AOA Articles of Assosiation
5 BM Board Meeting
6 En Billion
7 BSE Bombay Stock Exchange
8 CBDT Central Board of Direct Tax
9 Co ‘Company
10 CS Company Secretary
11 DRHP Draft Red Herring Prospectus
Eamings Before Interest, Taxes,
EBITDA Depreciation, and Amortization
13 ESOP Employee Stock Option Plan
14 ESOT Employee Stock Option Trust
15 ETR Effective Tax Rate
16 FD Fixed Deposits
17 FI Financial Institutions
18 FMCG Fast Moving Consumer Goods
Nangia Andersen LLP
SI No
19
20
2
2
23
24
25
2888
RER
Pal
1BC Insolvency and Bankruptcy Code
=
po
IPO Initial Public Offer
EII
ITR Income Tax Return
LTCA Long Term Capital Asset
LTCG Long Term Capital Gain
MB Merchant Banker
MF Mutual Funds:
Mn Milion
NNABARD National Bank For Agriculture And
Rural Development
NCLT National Company Law Tribunal
nun |Non-institutional Investors
SINo
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Term
NSE
oP
PAT
POH
PUC
aB
ROC
Rol
ATA
SEBI
IDB
SME
STCA
STCG
ST
ve
‘Abbreviation
National Stock Exchange
Operating Profits
Profit After Tax
Period of Holding
Paid up capital
(Qualified Institutional Buyers
Registrar of Companies
Return of income
Registrar and Transfer Agents
‘Stock Exchange
‘Securities and Exchange Board of
India
Small industries Development
Bank of India
Small and Medium Enterprises
‘Short Term Capital Asset
Short Term Capital Gain
‘Securities Transaction Tax
Venture Capital
ANDERSENGLOBAL,
Annexures
Nangia Andersen LLP ANDERSENGLOBAL
Nangia Andersen LLP ANDERSENGLOBAL
Annexure 1 - List of BSE SME
SI No Scrip Name
1
1
12
13
14
15
16
17
18
19
20
21
22
‘Associated Coaters Limited
‘Aztec Fluids & Machinery Limited
Piotex Industries Limited
Toit Agribusiness Limited
Finelistings Technologies Limited
Amkay Products Limited
‘Sai Swami Metals And Alloys Limited
Storage Technologies And Automation Limited
Emmforce Autotech Limited
Shivam Chemicals Lid
Varyaa Creations Limited
Faalcon Concepts Limited
Greenhitech Ventures Ltd
Jay Kailash Namkeen Limited
Gconnect Logitech And Supply Chain Limited
Vruddhi Engineering Works Limited
hatha Foods Limited
Kp Green Engineering Limited
Royal Sense Limited
Pune E Stock Broking Limited
Koura Fine Diamond Jewelry Limited
Rudra Gas Enterprise Limited
Nangia Andersen LLP
SI No Scrip Name
23
24
25
26
27
28
29
30
3
32
33
34
35
36
37
38
39
40
a
42
43
44
Gabriel Pet Straps Limited:
Harshdeep Hortico Limited
‘Mayank Cattle Food Limited
Brisk Technovision Limited
Euphoria Infotech (India) Ltd
Qualitek Labs Limited
‘Shree Marutinandan Tubes Limited
New Swan Multitech Limited
‘Manoj Ceramic Lid
‘Shri Balaji Valve Components Limited
Aik Pipes And Polymers Limited
‘Shanti Spintex Limited
‘Sahara Maritime Limited
Benchmark Computer Solutions Limited
Siyaram Recycling Industries Limited
“Amic Forging Limited
Deepak Chemtex Limited
‘Swashthik Plascon Limited
‘Arrowhead Seperation Engineering Limited
Kalyani Cast Tech Limited
Mish Designs Limited
\Vrundavan Plantation Ltd
45
46
47
48
49
BSRLBLLS
87
38222882388
Kk Shah Hospitals Ltd
Vivaa Tradecom Limité
Sunita Tools Limited
City Crops Agro Limited
‘Organic Recycling Systems Limited
Techknowgreen Solutions Limited
Meson Valves India Limited
Kahan Packaging Limited
Bondada Engineering Limited
Shoora Designs Limited
Shelter Pharma Lid
Khazanchi Jewellers Limited
Innovatus Entertainment Networks Limited
Asarfi Hospital Limited
Ahasolar Technologies Li
Kaka Industries Limited
‘Acceleratebs India Limited
Alphalogic Industries Limited
\Veefin Solutions Limited
Cosmic Orf Limited
Bizotic Commercial Limited
Sonalis Consumer Products Limited
ited
ANDERSENGLOBAL,
SI No Scrip Name
1
1
12
13
14
15
16
17
18
19
20
21
22
‘Associated Coaters Limited
‘Aztec Fluids & Machinery Limited
Piotex Industries Limited
Toit Agribusiness Limited
Finelistings Technologies Limited
Amkay Products Limited
‘Sai Swami Metals And Alloys Limited
Storage Technologies And Automation Limited
Emmforce Autotech Limited
Shivam Chemicals Lid
Varyaa Creations Limited
Faalcon Concepts Limited
Greenhitech Ventures Ltd
Jay Kailash Namkeen Limited
Gconnect Logitech And Supply Chain Limited
Vruddhi Engineering Works Limited
hatha Foods Limited
Kp Green Engineering Limited
Royal Sense Limited
Pune E Stock Broking Limited
Koura Fine Diamond Jewelry Limited
Rudra Gas Enterprise Limited
Nangia Andersen LLP
SI No Scrip Name
23
24
25
26
27
28
29
30
3
32
33
34
35
36
37
38
39
40
a
42
43
44
Gabriel Pet Straps Limited:
Harshdeep Hortico Limited
‘Mayank Cattle Food Limited
Brisk Technovision Limited
Euphoria Infotech (India) Ltd
Qualitek Labs Limited
‘Shree Marutinandan Tubes Limited
New Swan Multitech Limited
‘Manoj Ceramic Lid
‘Shri Balaji Valve Components Limited
Aik Pipes And Polymers Limited
‘Shanti Spintex Limited
‘Sahara Maritime Limited
Benchmark Computer Solutions Limited
Siyaram Recycling Industries Limited
“Amic Forging Limited
Deepak Chemtex Limited
‘Swashthik Plascon Limited
‘Arrowhead Seperation Engineering Limited
Kalyani Cast Tech Limited
Mish Designs Limited
\Vrundavan Plantation Ltd
45
46
47
48
49
BSRLBLLS
87
38222882388
Kk Shah Hospitals Ltd
Vivaa Tradecom Limité
Sunita Tools Limited
City Crops Agro Limited
‘Organic Recycling Systems Limited
Techknowgreen Solutions Limited
Meson Valves India Limited
Kahan Packaging Limited
Bondada Engineering Limited
Shoora Designs Limited
Shelter Pharma Lid
Khazanchi Jewellers Limited
Innovatus Entertainment Networks Limited
Asarfi Hospital Limited
Ahasolar Technologies Li
Kaka Industries Limited
‘Acceleratebs India Limited
Alphalogic Industries Limited
\Veefin Solutions Limited
Cosmic Orf Limited
Bizotic Commercial Limited
Sonalis Consumer Products Limited
ited
ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name
67
68
69
70
n
72
73
74
75
76
7
78
79
80
a
82
83
84
85
86
87
88
‘Comrade Appliances Limited
Cf Fluid Control Limited
Hemant Surgical Industries Lid
Innokaiz India Limited
Retina Paints Limited
Sancode Technologies Limited
Exhicon Events Media Solutions Limited
Maiden Forgings Limited
Command Polymers Lid
Dev Labtech Venture Limited
Bright Outdoor Media Limited
Labelkraft Technologies Limited
‘Sudarshan Pharma Industries Limited
Prospect Commodities Limited
icons E Solutions Ltd
Resgen Limited
Amanaya Ventures Ltd
S V J Enterprises Limited
Patron Exim Limited
Macfos Limited
Sealmatic India Limited
Indong Tea Company Limited
Nangia Andersen LLP
SI No Scrip Name
89
9
a
92
93
9
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
Earthstahl & Alloys Limited
Transvoy Logistics India Ltd
Dharni Capital Services Lid
Eastern Logica Infoway Limited
Rex Sealing And Packing Industries Limited
‘Svs Ventures Limited
Droneacharya Aerial Innovations Ltd
Pngs Gargi Fashion Jewellery Lid
‘Ambo Agritec Limited
Technopak Polymers Lid
Daps Advertising Limited
Pace E Commerce Ventures Ltd
Maagh Advertising And Marketing Services Ltd
Vedant Asset Limited
Cargosol Logistics Limited
Silicon Rental Solutions Lid
Cargotrans Maritime Limited
Concord Control Systems Limited
Insolation Energy Limited
Reetech Intemational Cargo And Courier Lid
Steelman Telecom Limited
Trident Lifeline Limited
19
am
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
192
Mafia Trends Limited
Containe Technologies Limited
Shantidoot Infra Services Ltd
Virtuoso Optoelectronics Limited
Ep Biocomposites Ltd
Dipna Pharmachem Limited
Rhetan Tmt Limited
Naturo Indiabull Limited
Olatech Solutions Lid
Healthy Life Agritech Limited
Veerkrupa Jewellers Limited
B-Right Realestate Limited
Jayant Infratech Li
Kesar India Limited
Sailani Tours N Travels Limited
Pearl Green Clubs And Resorts Limited
Modis Navnirman Limited
Goel Food Products Lid
Scamose International Limited
Silver Pearl Hospitality And Luxury Spaces Limited
Fone4 Commnications (India) Limited
Nanavati Ventures Lid
ANDERSENGLOBAL,
SI No Scrip Name
67
68
69
70
n
72
73
74
75
76
7
78
79
80
a
82
83
84
85
86
87
88
‘Comrade Appliances Limited
Cf Fluid Control Limited
Hemant Surgical Industries Lid
Innokaiz India Limited
Retina Paints Limited
Sancode Technologies Limited
Exhicon Events Media Solutions Limited
Maiden Forgings Limited
Command Polymers Lid
Dev Labtech Venture Limited
Bright Outdoor Media Limited
Labelkraft Technologies Limited
‘Sudarshan Pharma Industries Limited
Prospect Commodities Limited
icons E Solutions Ltd
Resgen Limited
Amanaya Ventures Ltd
S V J Enterprises Limited
Patron Exim Limited
Macfos Limited
Sealmatic India Limited
Indong Tea Company Limited
Nangia Andersen LLP
SI No Scrip Name
89
9
a
92
93
9
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
Earthstahl & Alloys Limited
Transvoy Logistics India Ltd
Dharni Capital Services Lid
Eastern Logica Infoway Limited
Rex Sealing And Packing Industries Limited
‘Svs Ventures Limited
Droneacharya Aerial Innovations Ltd
Pngs Gargi Fashion Jewellery Lid
‘Ambo Agritec Limited
Technopak Polymers Lid
Daps Advertising Limited
Pace E Commerce Ventures Ltd
Maagh Advertising And Marketing Services Ltd
Vedant Asset Limited
Cargosol Logistics Limited
Silicon Rental Solutions Lid
Cargotrans Maritime Limited
Concord Control Systems Limited
Insolation Energy Limited
Reetech Intemational Cargo And Courier Lid
Steelman Telecom Limited
Trident Lifeline Limited
19
am
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
192
Mafia Trends Limited
Containe Technologies Limited
Shantidoot Infra Services Ltd
Virtuoso Optoelectronics Limited
Ep Biocomposites Ltd
Dipna Pharmachem Limited
Rhetan Tmt Limited
Naturo Indiabull Limited
Olatech Solutions Lid
Healthy Life Agritech Limited
Veerkrupa Jewellers Limited
B-Right Realestate Limited
Jayant Infratech Li
Kesar India Limited
Sailani Tours N Travels Limited
Pearl Green Clubs And Resorts Limited
Modis Navnirman Limited
Goel Food Products Lid
Scamose International Limited
Silver Pearl Hospitality And Luxury Spaces Limited
Fone4 Commnications (India) Limited
Nanavati Ventures Lid
ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name
133
194
195
196
137
138
139
140
141
142
143
144
145
146
147
148
149
180
151
182
153
154
Global Longlife Hospital And Research Limited
‘Shashwat Furnishing Solutions Limited
Eighty Jewellers Limited
Sunrise Efficient Marketing Ltd
Dhyaani Tile And Marblez Limited
Achyut Healthcare Limited
Evog Remedies Limited
Bhatia Colour Chem Limited
Ekennis Software Service Lid
Maruti Interior Products Lid
Quality Ro Industries Limited
Safa Systems & Technologies Limited
Alkosign Limited
Dj Mediaprint Logistics Lid
Fabino Life Science Limited
Brandbucket Media & Technology Limited
Clara Industries Limited
Dmr Hydroengineering & Infrastructures Ltd
Omnipotent industries Limited
‘Suyog Gurbaxani Funicular Ropeways Limited
Adishakti Loha And Ispat Limited
Samor Reality Limited
Nangia Andersen LLP
SI No Scrip Name
155
156
157
158
159
160
161
162
163
164
165
166
167
1
169
170
m
172
173
174
175
176
Promax Power Limited
‘Shri Venkatesh Refineries Limited
Getalong Enterprise Limited
Markolines Traffic Controls Limited
bi Infratech Lid
Prevest Denpro Limited
Platinumone Business Services Lid
‘Aashka Hospitals Lid
Gretex Corporate Services Lid
‘Aa Plus Tradelink Limited
Focus Business Solutions Ltd
Times Green Energy (India) Lid
Adeshwar Meditex Limited
Navoday Enterprises Ltd
Jetmall Spices And Masala Limited
Rajeshwari Cans Limited
Eki Energy Services Limited
Knowledge Marine & Engineering Works Limited
Rangoli Tradecomm Limited
‘Ashapuri Gold Ornament Limited
Mrp Agro Limited
‘Shine Fashions India Ltd
SI No Scrip Name
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
‘Veer Global Infracontruction Limited
GM Polyplast Lid
‘Atam Valves Limited
Secmark Consultancy Lid
‘Advait Infratech Limited
Suratwwala Business Group Lid
Bonlon Industries Limited
Billwin Industries Lid
Dj Mediaprint 8 Logistics Limited
‘Cospower Engineering Lid
Ro Jewels Limited
‘Sm Auto Stamping Ltd
lel Organic Dairy Products Lid
‘Chandra Bhagat Pharma Limited
Janus Corporation Limited
193
194
195
196
197
198
‘Anuroop Packaging Ltd
Gensol Engineering Limited
Goblin India Lid
Tutorials Point India Limited
Galactico Corporate Services Lid
Misquita Engineering Lid
ANDERSENGLOBAL,
SI No Scrip Name
133
194
195
196
137
138
139
140
141
142
143
144
145
146
147
148
149
180
151
182
153
154
Global Longlife Hospital And Research Limited
‘Shashwat Furnishing Solutions Limited
Eighty Jewellers Limited
Sunrise Efficient Marketing Ltd
Dhyaani Tile And Marblez Limited
Achyut Healthcare Limited
Evog Remedies Limited
Bhatia Colour Chem Limited
Ekennis Software Service Lid
Maruti Interior Products Lid
Quality Ro Industries Limited
Safa Systems & Technologies Limited
Alkosign Limited
Dj Mediaprint Logistics Lid
Fabino Life Science Limited
Brandbucket Media & Technology Limited
Clara Industries Limited
Dmr Hydroengineering & Infrastructures Ltd
Omnipotent industries Limited
‘Suyog Gurbaxani Funicular Ropeways Limited
Adishakti Loha And Ispat Limited
Samor Reality Limited
Nangia Andersen LLP
SI No Scrip Name
155
156
157
158
159
160
161
162
163
164
165
166
167
1
169
170
m
172
173
174
175
176
Promax Power Limited
‘Shri Venkatesh Refineries Limited
Getalong Enterprise Limited
Markolines Traffic Controls Limited
bi Infratech Lid
Prevest Denpro Limited
Platinumone Business Services Lid
‘Aashka Hospitals Lid
Gretex Corporate Services Lid
‘Aa Plus Tradelink Limited
Focus Business Solutions Ltd
Times Green Energy (India) Lid
Adeshwar Meditex Limited
Navoday Enterprises Ltd
Jetmall Spices And Masala Limited
Rajeshwari Cans Limited
Eki Energy Services Limited
Knowledge Marine & Engineering Works Limited
Rangoli Tradecomm Limited
‘Ashapuri Gold Ornament Limited
Mrp Agro Limited
‘Shine Fashions India Ltd
SI No Scrip Name
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
‘Veer Global Infracontruction Limited
GM Polyplast Lid
‘Atam Valves Limited
Secmark Consultancy Lid
‘Advait Infratech Limited
Suratwwala Business Group Lid
Bonlon Industries Limited
Billwin Industries Lid
Dj Mediaprint 8 Logistics Limited
‘Cospower Engineering Lid
Ro Jewels Limited
‘Sm Auto Stamping Ltd
lel Organic Dairy Products Lid
‘Chandra Bhagat Pharma Limited
Janus Corporation Limited
193
194
195
196
197
198
‘Anuroop Packaging Ltd
Gensol Engineering Limited
Goblin India Lid
Tutorials Point India Limited
Galactico Corporate Services Lid
Misquita Engineering Lid
ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
199. Novateor Research Laboratories Ltd 221 Gleam Fabmat Limited 243. Manorama Industries Lid
200 Sk International Export Limited 222. Kranti Industries Limited 244 Sky Gold Limited
201 City Pulse Multiplex Lid 223. Jonjua Overseas Limited 245 Ranjeet Mechatronics Limited
202. Earum Pharmaceuticals Lid 224 Anmol India Ltd 246 Synergy Green Industries Lid
203 Sto Exports Lid 225 Ritco Logistics Limited 247 Add Shop Promotions Lid
204 Anand Rayons Limited 226. K.P.I. Global Infrastructure Limited 248 Sungold Media And Entertainment Ltd
205. Parshva Enterprise Limited 227 Axita Cotton Limited 249 Deep Polymers Limited
208 Meera Industries Lid 228 Deccan Healthcare Limited 250. Salebhai Internet Lid
207. Suich Industries Lid 229 Shankar Lal Rampal Dye Chem Limited 251 Ganesh Films India Lid
208 Cian Healthcare Limited 230 Diksha Greens Limited 252 Supershakti Metal Ltd
209 Artemis Electricals Lid 231 Roni Households Lid 253 Raw Edge Industrial Solutions Ltd
210 Evans Electric Limited 232 Shree Krishna Infrastructure Lid 254 Rajnish Wellness Lid
211 White Organic Retail Limited 233. Bopl Railway Infrastructure Lid 255 Palm Jewels Limited
212 G.K.P. Printing & Packaging Limited 234 Veeram Infra Engineering Limited 256 Waa Solar Limited
213. VR Films & Studios Limited 235 S M Gold Limited 257. Nakoda Group Of Industries Lid
214 Jinaam's Dress Limited 236. Sun Retail Limited 258 Affordable Robotic & Automation Lid
215 Northern Spirits Limited 237 Aki India Limited 259 Arinant institute Ltd
216 Roopshri Resorts Limited 238 Shubham Polyspin Ltd 260 Innovators Facade Systems Lid
217 Humming Bird Education Limited 239 A-1 Acid Limited 261 Megastar Foods Lid
218 Aartech Solonics Limited 240 Dolfin Rubbers Limited 262 UH Zaveri Lid
219 Ashapuri Gold Ornament Ltd 241 Innovative Ideals And Services (India) Limited 263 Milestone Fumiture Ltd
220. Mahip Industries Limited 242 Mac Hotels Limited 264 Akshar Spintex Limited
Nangia Andersen LLP
a
ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
199. Novateor Research Laboratories Ltd 221 Gleam Fabmat Limited 243. Manorama Industries Lid
200 Sk International Export Limited 222. Kranti Industries Limited 244 Sky Gold Limited
201 City Pulse Multiplex Lid 223. Jonjua Overseas Limited 245 Ranjeet Mechatronics Limited
202. Earum Pharmaceuticals Lid 224 Anmol India Ltd 246 Synergy Green Industries Lid
203 Sto Exports Lid 225 Ritco Logistics Limited 247 Add Shop Promotions Lid
204 Anand Rayons Limited 226. K.P.I. Global Infrastructure Limited 248 Sungold Media And Entertainment Ltd
205. Parshva Enterprise Limited 227 Axita Cotton Limited 249 Deep Polymers Limited
208 Meera Industries Lid 228 Deccan Healthcare Limited 250. Salebhai Internet Lid
207. Suich Industries Lid 229 Shankar Lal Rampal Dye Chem Limited 251 Ganesh Films India Lid
208 Cian Healthcare Limited 230 Diksha Greens Limited 252 Supershakti Metal Ltd
209 Artemis Electricals Lid 231 Roni Households Lid 253 Raw Edge Industrial Solutions Ltd
210 Evans Electric Limited 232 Shree Krishna Infrastructure Lid 254 Rajnish Wellness Lid
211 White Organic Retail Limited 233. Bopl Railway Infrastructure Lid 255 Palm Jewels Limited
212 G.K.P. Printing & Packaging Limited 234 Veeram Infra Engineering Limited 256 Waa Solar Limited
213. VR Films & Studios Limited 235 S M Gold Limited 257. Nakoda Group Of Industries Lid
214 Jinaam's Dress Limited 236. Sun Retail Limited 258 Affordable Robotic & Automation Lid
215 Northern Spirits Limited 237 Aki India Limited 259 Arinant institute Ltd
216 Roopshri Resorts Limited 238 Shubham Polyspin Ltd 260 Innovators Facade Systems Lid
217 Humming Bird Education Limited 239 A-1 Acid Limited 261 Megastar Foods Lid
218 Aartech Solonics Limited 240 Dolfin Rubbers Limited 262 UH Zaveri Lid
219 Ashapuri Gold Ornament Ltd 241 Innovative Ideals And Services (India) Limited 263 Milestone Fumiture Ltd
220. Mahip Industries Limited 242 Mac Hotels Limited 264 Akshar Spintex Limited
Nangia Andersen LLP
a
ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
265 Indo Us Bio-Tech Li 287 Gautam Gems Limited 309 Share India Securities Lid
266 Dhruv Consultancy Services Limited 288 Ashoka Metcast Lid 310 Trident Texofab Limited
267 Dr Lalchandani Labs Limited 289 Crp Risk Management Limited 311 Akm Lace And Embrotex Limited
268 Garv Industries Lid 290 Jhandewalas Food Limited 312 Sagar Diamonds Lid
269 Taylormade Renewables Ltd 291 Ritwhik Facility Management Services Lid 313 Nouritrans Exim Limited
270 Orissa Bengal Carrier Lid 292 Digi Multitrade Limited 314 ABM Febcon Limited
271 Lex Nimble Solutions Limited 298 Kids Medical Systems Ltd 315 Dhruv Wellness Limited
272. Benara Bearings And Pistons Limited 294. Mrc Exim Limited 316 Ang Lifesciences India Lid
273. Yasho Industries Lid 295 Dynamic Cables Ltd 317. Shish Industries Limited
274 Active Clothing Co Ltd 296 Ratnabhumi Developers Limited 318 Ashok Masala Mart Limited
275. Advitiya Trade India Ltd 297 Ambition Mica Limited 319. Globalspace Technologies Ltd
276. Ridings Consulting Engineers India Ltd 298. Sharika Enterprises Limited 320 Captain Technocast Lid
277 Shreeshay Engineers Limited 299 Sanghvi Brands Lid 321 Jigar Cables Limited
278 Inflame Appliances Lid 300 Sheetal Cool Products Ltd 322. 7nr Retail Limited
279. East India Secures Lid 301. Kaarya Facilities And Services Lid 323 G G Engineering Limited
280 Angel Fibers Limited 302 Shree Ganesh Remedies Limited 324 Gautam Exim Limited
281 Bhatia Communications & Retail (India) Limited 303. Shreeji Translogistics Limited 325 Riddhi Corporate Services Ltd
282 Tasty Dairy Specialties Limited 304 Siddharth Education Services Ltd 326 Yug Decor Lid
283. Kenvi Jewels Lid 805 Iris Business Services Ltd 327. Bhakti Gems And Jewellery Lid
284 Lorenzini Apparels Limited 306 Mehai Technology Ltd 328 Meera Industries Limited
285 Gujarat Hy Spin Limited 307. Vanta Bioscience Lid 329 Pure Gilicarat
286 Medico Remedies Ltd 308 Poojawestern Metaliks Limited 330 Kms Medisurgi Limited
Nangia Andersen LLP 2 Amon ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
265 Indo Us Bio-Tech Li 287 Gautam Gems Limited 309 Share India Securities Lid
266 Dhruv Consultancy Services Limited 288 Ashoka Metcast Lid 310 Trident Texofab Limited
267 Dr Lalchandani Labs Limited 289 Crp Risk Management Limited 311 Akm Lace And Embrotex Limited
268 Garv Industries Lid 290 Jhandewalas Food Limited 312 Sagar Diamonds Lid
269 Taylormade Renewables Ltd 291 Ritwhik Facility Management Services Lid 313 Nouritrans Exim Limited
270 Orissa Bengal Carrier Lid 292 Digi Multitrade Limited 314 ABM Febcon Limited
271 Lex Nimble Solutions Limited 298 Kids Medical Systems Ltd 315 Dhruv Wellness Limited
272. Benara Bearings And Pistons Limited 294. Mrc Exim Limited 316 Ang Lifesciences India Lid
273. Yasho Industries Lid 295 Dynamic Cables Ltd 317. Shish Industries Limited
274 Active Clothing Co Ltd 296 Ratnabhumi Developers Limited 318 Ashok Masala Mart Limited
275. Advitiya Trade India Ltd 297 Ambition Mica Limited 319. Globalspace Technologies Ltd
276. Ridings Consulting Engineers India Ltd 298. Sharika Enterprises Limited 320 Captain Technocast Lid
277 Shreeshay Engineers Limited 299 Sanghvi Brands Lid 321 Jigar Cables Limited
278 Inflame Appliances Lid 300 Sheetal Cool Products Ltd 322. 7nr Retail Limited
279. East India Secures Lid 301. Kaarya Facilities And Services Lid 323 G G Engineering Limited
280 Angel Fibers Limited 302 Shree Ganesh Remedies Limited 324 Gautam Exim Limited
281 Bhatia Communications & Retail (India) Limited 303. Shreeji Translogistics Limited 325 Riddhi Corporate Services Ltd
282 Tasty Dairy Specialties Limited 304 Siddharth Education Services Ltd 326 Yug Decor Lid
283. Kenvi Jewels Lid 805 Iris Business Services Ltd 327. Bhakti Gems And Jewellery Lid
284 Lorenzini Apparels Limited 306 Mehai Technology Ltd 328 Meera Industries Limited
285 Gujarat Hy Spin Limited 307. Vanta Bioscience Lid 329 Pure Gilicarat
286 Medico Remedies Ltd 308 Poojawestern Metaliks Limited 330 Kms Medisurgi Limited
Nangia Andersen LLP 2 Amon ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
331 Escorp Asset Management Limited 853 Shashijt Infraprojects Limited 375. Nintec Systems Ltd
332. Octaware Technologies Limited 354 Aditya Consumer Marketing Limited 376 Raghav Ramming Mass Limited
333 Relstruct Buildcon Limited 355 Dra Consultants Limited 377 Ruby Cables Limited
334 Prime Customer Services Limited 386. Valiant Organics Limited 378 Lancer Container Lines Limited
335 Manas Properties Limited 357 Radhika Jeweltech Limited 379. Sysco Industries Limited
396 Maximus International Limited 358 Riddhi Steel And Tube Limited 380 Chd Chemicals Limited
337 Oceanic Foods 359. Spicy Entertainment And Media Lid 381 Umiya Tubes Limited
338. Chemorux Enterprises Ltd 360. Narayani Steels Limited 382 Khemani Distributors And Marketing Limited
339. Manomay Tex India Limited 361. Sprayking Agro Equipment Lid 383. Relicab Cable Manufacturing Limited
340. Jash Dealmark Limited 862 Mitsu Chem Plast Limited 384 KP Energy Limited
341. Sarthak Metals Limited 363. Shiva Granito Export Limited 385 Syph Education Solutions Limited
342 IM Enterprises Lid 364. Prabhat Telecoms (India) Limited 386 Ganga Pharmaceuticals Limited
343. Ame Switchgears Limited 365. Kwality Pharmaceuticals Limited 387 Vidi Restaurants Limited
344 Tanvi Foods (India) Ltd 366 Commercial Syn Bags Limited 388 Ols Technologies Limited
345 Super Fine Knitters Limited 367. Titaanium Ten Enterprise Limited 389 Suncare Traders Limited
346 Veeram Ornaments Limited 368 Advance Syntex Limited 390 Navigant Corporate Advisors Lid
347. Adiya Vision Lid 369 Zeal Aqua Limited 391 Tejnaksh Healthcare Lid
348 Majestic Research Services And Solution Lid 370. Yash Chemex Limited 392. Cawasii Behramji Catering Services Lid
349. Bindal Exports Limited 371 Shanti Educational Initiatives Limited 398 Patdiam Jewellery
350 Diksat Transworld Limited 372 Darshan Orna Limited 394 Vaksons Automobiles Limited
351 India Green Reality Limited 373. Bajaj Healthcare Limited 395 Bella Casa Fashion & Retail Lid
352 Mewar Hi-Tech Engineering Limited 874 Gushine Fintrade Ocean Limited 396 Vishal Bearings Lid
Nangia Andersen LLP a ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
331 Escorp Asset Management Limited 853 Shashijt Infraprojects Limited 375. Nintec Systems Ltd
332. Octaware Technologies Limited 354 Aditya Consumer Marketing Limited 376 Raghav Ramming Mass Limited
333 Relstruct Buildcon Limited 355 Dra Consultants Limited 377 Ruby Cables Limited
334 Prime Customer Services Limited 386. Valiant Organics Limited 378 Lancer Container Lines Limited
335 Manas Properties Limited 357 Radhika Jeweltech Limited 379. Sysco Industries Limited
396 Maximus International Limited 358 Riddhi Steel And Tube Limited 380 Chd Chemicals Limited
337 Oceanic Foods 359. Spicy Entertainment And Media Lid 381 Umiya Tubes Limited
338. Chemorux Enterprises Ltd 360. Narayani Steels Limited 382 Khemani Distributors And Marketing Limited
339. Manomay Tex India Limited 361. Sprayking Agro Equipment Lid 383. Relicab Cable Manufacturing Limited
340. Jash Dealmark Limited 862 Mitsu Chem Plast Limited 384 KP Energy Limited
341. Sarthak Metals Limited 363. Shiva Granito Export Limited 385 Syph Education Solutions Limited
342 IM Enterprises Lid 364. Prabhat Telecoms (India) Limited 386 Ganga Pharmaceuticals Limited
343. Ame Switchgears Limited 365. Kwality Pharmaceuticals Limited 387 Vidi Restaurants Limited
344 Tanvi Foods (India) Ltd 366 Commercial Syn Bags Limited 388 Ols Technologies Limited
345 Super Fine Knitters Limited 367. Titaanium Ten Enterprise Limited 389 Suncare Traders Limited
346 Veeram Ornaments Limited 368 Advance Syntex Limited 390 Navigant Corporate Advisors Lid
347. Adiya Vision Lid 369 Zeal Aqua Limited 391 Tejnaksh Healthcare Lid
348 Majestic Research Services And Solution Lid 370. Yash Chemex Limited 392. Cawasii Behramji Catering Services Lid
349. Bindal Exports Limited 371 Shanti Educational Initiatives Limited 398 Patdiam Jewellery
350 Diksat Transworld Limited 372 Darshan Orna Limited 394 Vaksons Automobiles Limited
351 India Green Reality Limited 373. Bajaj Healthcare Limited 395 Bella Casa Fashion & Retail Lid
352 Mewar Hi-Tech Engineering Limited 874 Gushine Fintrade Ocean Limited 396 Vishal Bearings Lid
Nangia Andersen LLP a ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
397 Sr Krishna Constructions (India ) Lid 419. Agi infra Limited 441. Sirohia & Sons Limited
898 PB Films Limited 420 Mahabir Metallex Limited 442. Vishal Fabrics Limited
399. HK Trade International Limited 421 Sspn Finance Limited 443. Carewell Industries Limited
400. Universal Autofound Limited 422 Akme Starhousing Finance Limited 444. Bhanderi Infracon Limited
401 Oyeeee Media Limited 423. Kamavati Finance Limited 445. Bansal Roofing Products Limited
402 Mangalam Seeds Limited 424. Raghuvansh Agrofarms Limited 446. Oasis Tradelink Limited
403. Pecos Hotels And Pubs Limted 425. Amsons Apparels Limtied 447 Tarini Intemational Limited
404 Amrapali Fincap Limited 426 Captain Pipes Limited 448 Dhanuka Commercial Limited
405 Loyal Equipments Limited 427 Anubhav Infrastructure Limited 449. Sps Finquest Lid
406 Gala Print City Limited 428 Aanchal Ispat Limited 450 Gem Capital Advisors Limited
407. Jiya Eco Products Limited 429 Jet Infraventure Limited 451 Womens Next Loungeries Limited
408 MD Inducto Cast Limited 430 Jia Infravile Shoppers Limited 452 R&B Denims Limited
409 Majestic Research Services And Solutions Limited 431. Starit Power Systems Limited 453 Oceana Biotek Industries Limited
410 Vmv Holidays Limited 432 Powerhouse Fitness And Really Limited 454 Shi Krishna Prasadam Limited
411 Ambition Mica Limited 433. Adcc Infocad Limited 455. Anisha Impex Limited
412 Mishka Exim Limited 434 Dhabriya Polywood Limited 456. Karnimata Cold Storage Limited
413 Junction Fabrics And Apparels Limited 435. Vibrant Global Capital Limited 457 BC Power Controls Limited
414 Funny Software Limited 436. Aryaman Capital Markets Limited 458 Si Vi Shipping Corporation Limited
415. OP Chains Limited 437 Atishay Infotech Limited 459. Unishire Urban Infra Limited
416 Athena Construction Limited 438. Ultracab (India) Limited 460 Polymac Thermoformers Limited
417. Fitra Consultants And Engineers Limited 439. Encash Entertainment Limited 461 Agrimony Commodities Limited
418. Yogya Enterprises Limited 440. Naysaa Securities Limited 462 Chemtech Industrial Valves Limited
Nangia Andersen LLP
ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
397 Sr Krishna Constructions (India ) Lid 419. Agi infra Limited 441. Sirohia & Sons Limited
898 PB Films Limited 420 Mahabir Metallex Limited 442. Vishal Fabrics Limited
399. HK Trade International Limited 421 Sspn Finance Limited 443. Carewell Industries Limited
400. Universal Autofound Limited 422 Akme Starhousing Finance Limited 444. Bhanderi Infracon Limited
401 Oyeeee Media Limited 423. Kamavati Finance Limited 445. Bansal Roofing Products Limited
402 Mangalam Seeds Limited 424. Raghuvansh Agrofarms Limited 446. Oasis Tradelink Limited
403. Pecos Hotels And Pubs Limted 425. Amsons Apparels Limtied 447 Tarini Intemational Limited
404 Amrapali Fincap Limited 426 Captain Pipes Limited 448 Dhanuka Commercial Limited
405 Loyal Equipments Limited 427 Anubhav Infrastructure Limited 449. Sps Finquest Lid
406 Gala Print City Limited 428 Aanchal Ispat Limited 450 Gem Capital Advisors Limited
407. Jiya Eco Products Limited 429 Jet Infraventure Limited 451 Womens Next Loungeries Limited
408 MD Inducto Cast Limited 430 Jia Infravile Shoppers Limited 452 R&B Denims Limited
409 Majestic Research Services And Solutions Limited 431. Starit Power Systems Limited 453 Oceana Biotek Industries Limited
410 Vmv Holidays Limited 432 Powerhouse Fitness And Really Limited 454 Shi Krishna Prasadam Limited
411 Ambition Mica Limited 433. Adcc Infocad Limited 455. Anisha Impex Limited
412 Mishka Exim Limited 434 Dhabriya Polywood Limited 456. Karnimata Cold Storage Limited
413 Junction Fabrics And Apparels Limited 435. Vibrant Global Capital Limited 457 BC Power Controls Limited
414 Funny Software Limited 436. Aryaman Capital Markets Limited 458 Si Vi Shipping Corporation Limited
415. OP Chains Limited 437 Atishay Infotech Limited 459. Unishire Urban Infra Limited
416 Athena Construction Limited 438. Ultracab (India) Limited 460 Polymac Thermoformers Limited
417. Fitra Consultants And Engineers Limited 439. Encash Entertainment Limited 461 Agrimony Commodities Limited
418. Yogya Enterprises Limited 440. Naysaa Securities Limited 462 Chemtech Industrial Valves Limited
Nangia Andersen LLP
ANDERSENGLOBAL,
Annexure 1 - List of BSE SME
463. Suyog Telematics Lid
464 Roi Industries And Technologies Limited
465 Captain Polyplast Limited
466 Edynamics Solutions Limited
467 India Finsec Limited (Sme Issue)
468 Onesource Techmedia Limited
469 Ashapura Intimates Fashion Limited
470. Samruddhi Realty Limited
471 Lakhotia Polyesters (India) Li
472. Gem Securities Limited
473. Bothra Metals & Alloys Limited
474. Hpo Biosciences Limited
475. Channel Nine Entertainment Limited
476 Kavita Fabrics Lid,
477 Eco Friendly Food Processing Park Limit
478 Bronze Infra-Tech Limited
479. Rol Retail Limited
480. Anshu's Clothing Limited
481 Comfort Commotrade Limited
482. Srg Housing Finance Limited
483 Jointeca Education Solutions Limited
484 Jupiter Infomedia Limited
Nangia Andersen LLP
SI No Scrip Name
485
486
487
488
489
490
491
‘Sangam Advisors Limited
Max Alert Systems Limited
‘Monarch Health Services Limited
cb Finance Limited(Sme Issue)
30 IT Solutions & Telecoms (India) Limited:
‘Magenta Lifecare Limited
Sattrix Information Security Limited
o: ANDERSENGLODAL,
463. Suyog Telematics Lid
464 Roi Industries And Technologies Limited
465 Captain Polyplast Limited
466 Edynamics Solutions Limited
467 India Finsec Limited (Sme Issue)
468 Onesource Techmedia Limited
469 Ashapura Intimates Fashion Limited
470. Samruddhi Realty Limited
471 Lakhotia Polyesters (India) Li
472. Gem Securities Limited
473. Bothra Metals & Alloys Limited
474. Hpo Biosciences Limited
475. Channel Nine Entertainment Limited
476 Kavita Fabrics Lid,
477 Eco Friendly Food Processing Park Limit
478 Bronze Infra-Tech Limited
479. Rol Retail Limited
480. Anshu's Clothing Limited
481 Comfort Commotrade Limited
482. Srg Housing Finance Limited
483 Jointeca Education Solutions Limited
484 Jupiter Infomedia Limited
Nangia Andersen LLP
SI No Scrip Name
485
486
487
488
489
490
491
‘Sangam Advisors Limited
Max Alert Systems Limited
‘Monarch Health Services Limited
cb Finance Limited(Sme Issue)
30 IT Solutions & Telecoms (India) Limited:
‘Magenta Lifecare Limited
Sattrix Information Security Limited
o: ANDERSENGLODAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
1 TBIComLimited 23 Teerth Gopicon Li 45. Purv Flexipack Limited
2. Aimtron Electronics Limited 24 K2 Infragen Limited 46 Owais Metal and Mineral Processing Limited
3. Z-Tech (India) Limited 25 Creative Graphics Solutions India Limited 47. Sadhav Shipping Limited
4 Beacon Trusteeship Limited 26 Aluwind Architectural Limited 48 Deem Roll-Tech Limited
5 Vilas Transcore Limited 27 TAC Infosec Limited 49. Zenith Drugs Limited
6 GSM Foils Limited 28 Radiowalla Network Limited 50 Esconet Technologies Limited
7 HOAC Foods India Limited 29 Yash Optics and Lens Limited 51 Interiors & More Limit
8 Ruka Electricals Limited 30 Trust Fintech Limited 52 Kalahridhaan Trendz Limited
9 Quest Laboratories Limited 31 Aspire and Innovative Advertising Limited 53 Thaai Casting
10 Veritas Advertising Limited 32 Blue Pebble Limited 54 Atmasico Limited
41 Indian Emulsifiers Limited 33. Naman In-Store (India) Limited 55 Wise Travel India Limited
12 Mandeep Auto Industries Limited 34 Vishwas Agri Seeds Limited 56 Polysil Irigation Systems Limited
13 ABS Marine Services Limited 35 Omfum India Limited - FPO 57. Alpex Solar Limited
14 Premier Roadlines Limited 36 Enfuse Solutions Limited 58 Italian Edibles Limi
15 _ Energy-Mission Machineries (India) Limited 37 Enser Communications Limited 59 Baweja Studios Limited
16 Sikilex Polymers (India) Limited 38 AVP Infracon Limited 60. Megatherm Induction Limited
17 Refractory Shapes Limited 39 Signoria Creation Limited 61. Delaplex Limited
18 Winsol Engineers Limited 40. Pratham EPC Projects Limited 62 Fonebox Retail Limited
19 _ Slone Infosystems Limited 41 Shree Karni Fabcom Limited 63 Docmode Health Technologies Limited
20 Ramdevbaba Solvent Limited 42 Sona Machinery Limited 64 Addictive Learning Technology Limited
21 Grill Splendour Services Limited 43 VR Infraspace Limited 65 Konstelec Engineers Limited
22 DCG Cables & Wires Limited 44. M.V.K. Agro food product limited. 66 Maxposure Limited
Nangia Andersen LLP 2 Amon’ ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
1 TBIComLimited 23 Teerth Gopicon Li 45. Purv Flexipack Limited
2. Aimtron Electronics Limited 24 K2 Infragen Limited 46 Owais Metal and Mineral Processing Limited
3. Z-Tech (India) Limited 25 Creative Graphics Solutions India Limited 47. Sadhav Shipping Limited
4 Beacon Trusteeship Limited 26 Aluwind Architectural Limited 48 Deem Roll-Tech Limited
5 Vilas Transcore Limited 27 TAC Infosec Limited 49. Zenith Drugs Limited
6 GSM Foils Limited 28 Radiowalla Network Limited 50 Esconet Technologies Limited
7 HOAC Foods India Limited 29 Yash Optics and Lens Limited 51 Interiors & More Limit
8 Ruka Electricals Limited 30 Trust Fintech Limited 52 Kalahridhaan Trendz Limited
9 Quest Laboratories Limited 31 Aspire and Innovative Advertising Limited 53 Thaai Casting
10 Veritas Advertising Limited 32 Blue Pebble Limited 54 Atmasico Limited
41 Indian Emulsifiers Limited 33. Naman In-Store (India) Limited 55 Wise Travel India Limited
12 Mandeep Auto Industries Limited 34 Vishwas Agri Seeds Limited 56 Polysil Irigation Systems Limited
13 ABS Marine Services Limited 35 Omfum India Limited - FPO 57. Alpex Solar Limited
14 Premier Roadlines Limited 36 Enfuse Solutions Limited 58 Italian Edibles Limi
15 _ Energy-Mission Machineries (India) Limited 37 Enser Communications Limited 59 Baweja Studios Limited
16 Sikilex Polymers (India) Limited 38 AVP Infracon Limited 60. Megatherm Induction Limited
17 Refractory Shapes Limited 39 Signoria Creation Limited 61. Delaplex Limited
18 Winsol Engineers Limited 40. Pratham EPC Projects Limited 62 Fonebox Retail Limited
19 _ Slone Infosystems Limited 41 Shree Karni Fabcom Limited 63 Docmode Health Technologies Limited
20 Ramdevbaba Solvent Limited 42 Sona Machinery Limited 64 Addictive Learning Technology Limited
21 Grill Splendour Services Limited 43 VR Infraspace Limited 65 Konstelec Engineers Limited
22 DCG Cables & Wires Limited 44. M.V.K. Agro food product limited. 66 Maxposure Limited
Nangia Andersen LLP 2 Amon’ ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name
67 Australian Premium Solar (India) Limited
68 IBL Finance Limited
69 Kaushalya Logistics Limited
70 Kay Cee Energy & Infra Limited
71 Akanksha Power and Infrastructure Limited
72 HRH Next Services Limited
73. Sameera Agro and Infra Limited
74 Trident Techlabs Limited
75 Supreme Power Equipment Limited
76 Indira Limited
77. Electro Force (India) Limited
78 Shree OSFM E-Mobiity Limited
79 SJ Logistics (India) Limited
80 Presstonic Engineering Limited
81 Accent Microcell Limited
82. Sheetal Universal Limited
83 Marinetrans India Limited
84 Net Avenue Technologies Limited
85 Graphisads Limited
86 Rockingdeals Circular Economy Limited
87 ROXHi-Tech Limited
88 Sunrest Lifescience Limited
Nangia Andersen LLP
SI No Scrip Name
89
9
a
92
93
9
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
‘Baba Food Processing (India) Limited
Micropro Software Solutions Limited
SAR Televenture Limited
Transteol Seating Technologies Limited
‘Shanthala FMCG Products Limited
Maitreya Medicare Limited
Paragon Fine and Speciality Chemical Limited
On Door Concepts Limited
Rajgor Castor Derivatives Limited
Womancart Limited
‘Arvind and Company Shipping Agencies Limited
Committed Cargo Care Limited
Sharp Chucks and Machines Limited
Plada Infotech Services Limited
Karnika Industries Limited
Vishnusurya Projects and Infra Limited
E Factor Experiences Limited
Vinyas Innovative Technologies Limited
Canarys Automations Limited
COneclick Logistics India Limited
Kontor Space Limited
Goyal Salt Limited
2
SI No Scrip Name
am
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
192
Newjaisa Technologies Limited
‘Saakshi Medtech and Panels Limited
Inspire Films Limited
Digikore Studios Limited
‘Arabian Petroleum Limited
Marco Cables and Conductors Limited
Mangalam Alloys Limited
HI-Green Carbon Limited
Madhusudan Masala Limited
Master Components Limited
Kody Technolab Limited
Cellecor Gadgets Limited
Holmaro Opto-Mechatronics Limited
Chavda Infra Limited
Kundan Edifice Limited
Unihealth Consultancy Limited
Jiwanram Sheoduttral Industries Limited
Basilic Fly Studio Limited
Pramara Promotions Limited
Saroja Pharma Industries India Limited
CP S Shapers Limited
Mono Pharmacare
ANDERSENGLOBAL,
SI No Scrip Name
67 Australian Premium Solar (India) Limited
68 IBL Finance Limited
69 Kaushalya Logistics Limited
70 Kay Cee Energy & Infra Limited
71 Akanksha Power and Infrastructure Limited
72 HRH Next Services Limited
73. Sameera Agro and Infra Limited
74 Trident Techlabs Limited
75 Supreme Power Equipment Limited
76 Indira Limited
77. Electro Force (India) Limited
78 Shree OSFM E-Mobiity Limited
79 SJ Logistics (India) Limited
80 Presstonic Engineering Limited
81 Accent Microcell Limited
82. Sheetal Universal Limited
83 Marinetrans India Limited
84 Net Avenue Technologies Limited
85 Graphisads Limited
86 Rockingdeals Circular Economy Limited
87 ROXHi-Tech Limited
88 Sunrest Lifescience Limited
Nangia Andersen LLP
SI No Scrip Name
89
9
a
92
93
9
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
‘Baba Food Processing (India) Limited
Micropro Software Solutions Limited
SAR Televenture Limited
Transteol Seating Technologies Limited
‘Shanthala FMCG Products Limited
Maitreya Medicare Limited
Paragon Fine and Speciality Chemical Limited
On Door Concepts Limited
Rajgor Castor Derivatives Limited
Womancart Limited
‘Arvind and Company Shipping Agencies Limited
Committed Cargo Care Limited
Sharp Chucks and Machines Limited
Plada Infotech Services Limited
Karnika Industries Limited
Vishnusurya Projects and Infra Limited
E Factor Experiences Limited
Vinyas Innovative Technologies Limited
Canarys Automations Limited
COneclick Logistics India Limited
Kontor Space Limited
Goyal Salt Limited
2
SI No Scrip Name
am
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
192
Newjaisa Technologies Limited
‘Saakshi Medtech and Panels Limited
Inspire Films Limited
Digikore Studios Limited
‘Arabian Petroleum Limited
Marco Cables and Conductors Limited
Mangalam Alloys Limited
HI-Green Carbon Limited
Madhusudan Masala Limited
Master Components Limited
Kody Technolab Limited
Cellecor Gadgets Limited
Holmaro Opto-Mechatronics Limited
Chavda Infra Limited
Kundan Edifice Limited
Unihealth Consultancy Limited
Jiwanram Sheoduttral Industries Limited
Basilic Fly Studio Limited
Pramara Promotions Limited
Saroja Pharma Industries India Limited
CP S Shapers Limited
Mono Pharmacare
ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
133. Sahaj Fashions Limited 155 Cell Point (India) Limited 177 MCON Rasayan India Limited
134 Sungarner Energies Limited 156 Urban Enviro Waste Management Limited 178. Systango Technologies Limited
195 Crop Life Science Limited 157 Spectrum Talent Management Limited 179. Vertexplus Technologies Limited
196 Srivari Spices and Foods Limited 158 Kore Digital Limited 180. Srivasavi Adhesive Tapes Limited
137 Sangani Hospitals Limited 159. Sahana System Limited 181. Viaz Tyres Limited
138. Yudiz Solutions Limited 160 _Infollion Research Services Limited 182 Agarwal Float Glass India Limited
139. Vinsys IT Services India Limited 161 Proventus Agrocom Limited 183 Lead Reclaim and Rubber Products Limited
140 Oriana Power Limited 162 Vasa Denticity Limited 184 Shera Energy Limited
141 Zeal Global Services Limited 163 Crayons Advertising Limited 185 Gayatri Rubbers and Chemicals Limited
142. Shri Techtex Limited 164 Remus Pharmaceuticals Limited 186 Aristo Bio-Tech and Lifescience Limited
143. Yasons Chemex Care Limited 165 Krishca Strapping Solutions Limited 187 Ducol Organics And Colours Limited
144 Service Care Limited 166 Auro Impex & Chemicals Limited 188 Chaman Metallics Limited
145. Drone Destination Limited 167 De Neers Tools 189 Anlon Technology Solutions Limited
146. Synoptios Technologies Limited 168 Quicktouch Technologies Limited 190 RBM Infracon Limited
147. Tridhya Tech Limited 169 AG Universal Limited 191. Homesfy Realty Limited
148 Global Pet Industries Limited 170. Pattech Fitwell Tube Components Limited 192. Moxsh Overseas Educon Limited
149. Pentagon Rubber Limited 171 Mos Utility Limited 193 Arihant Academy Limited
180 Essen Specialty Films Limited 172. Infinium Pharmachem Limited 194 Uma Converter Limited
151. Greenchef Appliances Limited 173. Sotac Pharmaceuticals Limited 195 Dollex Agrotech Limited
152 Magson Retail and Distribution Limited 174 Nirman Agri Genetics Limited 196 AllE Technologies Limited
153. Aatmaj Healthcare Limited 175 Quality Foils (India) Limited 197 Arham Technologies Limited
154. Vilin Bio Med Limited 176. Vels Film International Limited 198. Baheti Recycling Industries Limited
Nangia Andersen LLP a ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
133. Sahaj Fashions Limited 155 Cell Point (India) Limited 177 MCON Rasayan India Limited
134 Sungarner Energies Limited 156 Urban Enviro Waste Management Limited 178. Systango Technologies Limited
195 Crop Life Science Limited 157 Spectrum Talent Management Limited 179. Vertexplus Technologies Limited
196 Srivari Spices and Foods Limited 158 Kore Digital Limited 180. Srivasavi Adhesive Tapes Limited
137 Sangani Hospitals Limited 159. Sahana System Limited 181. Viaz Tyres Limited
138. Yudiz Solutions Limited 160 _Infollion Research Services Limited 182 Agarwal Float Glass India Limited
139. Vinsys IT Services India Limited 161 Proventus Agrocom Limited 183 Lead Reclaim and Rubber Products Limited
140 Oriana Power Limited 162 Vasa Denticity Limited 184 Shera Energy Limited
141 Zeal Global Services Limited 163 Crayons Advertising Limited 185 Gayatri Rubbers and Chemicals Limited
142. Shri Techtex Limited 164 Remus Pharmaceuticals Limited 186 Aristo Bio-Tech and Lifescience Limited
143. Yasons Chemex Care Limited 165 Krishca Strapping Solutions Limited 187 Ducol Organics And Colours Limited
144 Service Care Limited 166 Auro Impex & Chemicals Limited 188 Chaman Metallics Limited
145. Drone Destination Limited 167 De Neers Tools 189 Anlon Technology Solutions Limited
146. Synoptios Technologies Limited 168 Quicktouch Technologies Limited 190 RBM Infracon Limited
147. Tridhya Tech Limited 169 AG Universal Limited 191. Homesfy Realty Limited
148 Global Pet Industries Limited 170. Pattech Fitwell Tube Components Limited 192. Moxsh Overseas Educon Limited
149. Pentagon Rubber Limited 171 Mos Utility Limited 193 Arihant Academy Limited
180 Essen Specialty Films Limited 172. Infinium Pharmachem Limited 194 Uma Converter Limited
151. Greenchef Appliances Limited 173. Sotac Pharmaceuticals Limited 195 Dollex Agrotech Limited
152 Magson Retail and Distribution Limited 174 Nirman Agri Genetics Limited 196 AllE Technologies Limited
153. Aatmaj Healthcare Limited 175 Quality Foils (India) Limited 197 Arham Technologies Limited
154. Vilin Bio Med Limited 176. Vels Film International Limited 198. Baheti Recycling Industries Limited
Nangia Andersen LLP a ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
199. Pritika Engineering Components Limited 221 JFL Life Sciences Limited 243 Richa Info Systems Limited
200 Amiable Logistics (India) Limited 222 Veekayem Fashion and Apparels Limited 244 Precision Metaliks Limited
201 Vital Chemtech Limited 223 Upsurge Seeds of Agriculture Limited 245. Timescan Logistics (India) Private Limited
202 Integrated Personnel Services Limited 224 Agni Green Power Limited 248 AB Cotspin India Limited
203 Rite Zone Chemcon India Limited 225 SKP Bearing Industries Limited 247 Vivo Collaboration Solutions Limited
204 Phantom Digital Effects Limited 226 Mangalam Worldwide Limited 248 Euro Panel Products Limited
205 Frog Cellsat Limited 227 KCK Industries Limited 249 Nupur Recyclers Limited
1206 Swastik Pipe Limited 228 Fidel Softech Limited 250 Foce India Limited
207 Lloyds Luxuries Limited 229 Globesecure Technologies Limited 251 Nidan Laboratories and Healthcare Limited
208 Cyber Media Research & Services Limited 230. Rachana Infrastructure Limited 252 Kotyark Industries Limited
209 QMS Medical Allied Services Limited 231 Sonu Infratech Limited 253 D.K. Enterprises Global Limited
210 Kandarp Digi Smart BPO Limited 1232 Le Merite Exports Limited 254 Bombay Metrics Supply Chain Limited
211. Maks Energy Solutions India Limited 1233 Jeena Sikho Lifecare Limited 255 Destiny Logistics & Infra Limited
212 Varanium Cloud Limited 234 Krishna Defence And Allied Industries Limited 256 Dynamic Services & Security Lid
213 Annapurna Swadisht Limited 235 P.E. Analytics Limited 257 Jainam Ferro Alloys (1) Limited
214 Tapi Fruit Processing Limited 236 Empyrean Cashews Limited 258 Quadpro ITeS Limited
215 Ishan International Limited 237 Swaraj Suiting Limited 259 BEW Engineering Limited
1216 Sabar Flex India Limited 238. KN Agri Resources Limited 260 DU Digital Technologies Limited
217 Mega Flex Plastics Limited 289 Cool Caps Industries Limited 261 Rex Pipes and Cables Industries Limited
218 Viviana Power Tech Limited 240 SP Refractories Limited 262 Network People Services Technologies Limited
219 Jay Jalaram Technologies Limited 241 Shigan Quantum Technologies Limited 1263 Walpar Nutriions Limited
220 Ameya Precision Engineers Limited 242 Vaidya Sane Ayurved Laboratories Limited 264 Abhishek Integrations Limited
Nangia Andersen LLP a ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
199. Pritika Engineering Components Limited 221 JFL Life Sciences Limited 243 Richa Info Systems Limited
200 Amiable Logistics (India) Limited 222 Veekayem Fashion and Apparels Limited 244 Precision Metaliks Limited
201 Vital Chemtech Limited 223 Upsurge Seeds of Agriculture Limited 245. Timescan Logistics (India) Private Limited
202 Integrated Personnel Services Limited 224 Agni Green Power Limited 248 AB Cotspin India Limited
203 Rite Zone Chemcon India Limited 225 SKP Bearing Industries Limited 247 Vivo Collaboration Solutions Limited
204 Phantom Digital Effects Limited 226 Mangalam Worldwide Limited 248 Euro Panel Products Limited
205 Frog Cellsat Limited 227 KCK Industries Limited 249 Nupur Recyclers Limited
1206 Swastik Pipe Limited 228 Fidel Softech Limited 250 Foce India Limited
207 Lloyds Luxuries Limited 229 Globesecure Technologies Limited 251 Nidan Laboratories and Healthcare Limited
208 Cyber Media Research & Services Limited 230. Rachana Infrastructure Limited 252 Kotyark Industries Limited
209 QMS Medical Allied Services Limited 231 Sonu Infratech Limited 253 D.K. Enterprises Global Limited
210 Kandarp Digi Smart BPO Limited 1232 Le Merite Exports Limited 254 Bombay Metrics Supply Chain Limited
211. Maks Energy Solutions India Limited 1233 Jeena Sikho Lifecare Limited 255 Destiny Logistics & Infra Limited
212 Varanium Cloud Limited 234 Krishna Defence And Allied Industries Limited 256 Dynamic Services & Security Lid
213 Annapurna Swadisht Limited 235 P.E. Analytics Limited 257 Jainam Ferro Alloys (1) Limited
214 Tapi Fruit Processing Limited 236 Empyrean Cashews Limited 258 Quadpro ITeS Limited
215 Ishan International Limited 237 Swaraj Suiting Limited 259 BEW Engineering Limited
1216 Sabar Flex India Limited 238. KN Agri Resources Limited 260 DU Digital Technologies Limited
217 Mega Flex Plastics Limited 289 Cool Caps Industries Limited 261 Rex Pipes and Cables Industries Limited
218 Viviana Power Tech Limited 240 SP Refractories Limited 262 Network People Services Technologies Limited
219 Jay Jalaram Technologies Limited 241 Shigan Quantum Technologies Limited 1263 Walpar Nutriions Limited
220 Ameya Precision Engineers Limited 242 Vaidya Sane Ayurved Laboratories Limited 264 Abhishek Integrations Limited
Nangia Andersen LLP a ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name SI No Scrip Name
265 V-Marc India Limited
266 Siddhika Coatings Limited
1267 Pavna Industries Limited
268 Party Cruisers Limited
269 Bodhi Tree Multimedia Limited
270 AAA Technologies Limited
271 Atal Realtech Limited
272 Sigma Solve Limited
273. Ksolves India Limited
274 Laxmi Goldorna House Limited
275 Madhav Copper Limited
276 Hindprakash Industries Limited
277 Vaxtex Cotfab Limited
278 DC Infotech and Communication Limited
279 Ascom Leasing & Investments Limited
280 Mangalam Global Enterprise Limited
281 Sona Hi Sona Jewellers (Gujarat) Limited
1282 Shiv Aum Steels Limited
283 Salasar Exteriors And Contour Limited
284 Wonder Fibromats Limited
285 AB Infrabuild Limited
286 Alumilte Architecturals Limited
Nangia Andersen LLP
287
288
289
290
21
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
‘Sudarshan Pharma Industries Limited
Par Drugs and Chemicals Limited
OSIA Hyper Retail Limited
KHFM Hospitality and Facility Management Serv Lid
Antedz Fabs Limited
Mindpool Technologies Limited
‘Surani Steel Tubes Limited
DRS Dilip Roadines Limited
Shubhlaxmi Jewel Art Limited
ICL Mutitrading India Limited
Ultra Wiring Connectivity System Limited
Iris Clothings Limited
Marine Electricals (India) Limited
Vinny Overseas Limited
B&B Triplewall Containers Limited
Silgo Retail Limited
Kritika Wires Limited
Parin Furniture Limited
Rajnandini Metal Limited
Kshitj Polyline Limited
Spectrum Electrical Industries Limited
Ablada Engineers Limited
SI No Scrip Name
309
310
EN
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
Rajshree Polypack Limited
AKG Exim Limited
Lagnam Spintex Limited
‘Sumit Woods Limited
Marshall Machines Limited
Supreme Engineering Limited
Dangee Dums Limited
‘Aaron Industries Limited
Powerful Technologies Limited
Saketh Exim Limited
Ushanti Colour Chem Limited
‘Avon Moldplast Limited
‘Ambani Organics Limited
Rudrabhishek Enterprises Limited
Jakharia Fabric Limited
Ganga Forging Limited
Bright Solar Limited
‘Acouracy Shipping Limited
Prit Intemational Limited
Shrecoswal Seeds and Chemicals Limited
Sonam Clock Limited
Sorich Foils Limited
ANDERSENGLOBAL,
SI No Scrip Name SI No Scrip Name
265 V-Marc India Limited
266 Siddhika Coatings Limited
1267 Pavna Industries Limited
268 Party Cruisers Limited
269 Bodhi Tree Multimedia Limited
270 AAA Technologies Limited
271 Atal Realtech Limited
272 Sigma Solve Limited
273. Ksolves India Limited
274 Laxmi Goldorna House Limited
275 Madhav Copper Limited
276 Hindprakash Industries Limited
277 Vaxtex Cotfab Limited
278 DC Infotech and Communication Limited
279 Ascom Leasing & Investments Limited
280 Mangalam Global Enterprise Limited
281 Sona Hi Sona Jewellers (Gujarat) Limited
1282 Shiv Aum Steels Limited
283 Salasar Exteriors And Contour Limited
284 Wonder Fibromats Limited
285 AB Infrabuild Limited
286 Alumilte Architecturals Limited
Nangia Andersen LLP
287
288
289
290
21
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
‘Sudarshan Pharma Industries Limited
Par Drugs and Chemicals Limited
OSIA Hyper Retail Limited
KHFM Hospitality and Facility Management Serv Lid
Antedz Fabs Limited
Mindpool Technologies Limited
‘Surani Steel Tubes Limited
DRS Dilip Roadines Limited
Shubhlaxmi Jewel Art Limited
ICL Mutitrading India Limited
Ultra Wiring Connectivity System Limited
Iris Clothings Limited
Marine Electricals (India) Limited
Vinny Overseas Limited
B&B Triplewall Containers Limited
Silgo Retail Limited
Kritika Wires Limited
Parin Furniture Limited
Rajnandini Metal Limited
Kshitj Polyline Limited
Spectrum Electrical Industries Limited
Ablada Engineers Limited
SI No Scrip Name
309
310
EN
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
Rajshree Polypack Limited
AKG Exim Limited
Lagnam Spintex Limited
‘Sumit Woods Limited
Marshall Machines Limited
Supreme Engineering Limited
Dangee Dums Limited
‘Aaron Industries Limited
Powerful Technologies Limited
Saketh Exim Limited
Ushanti Colour Chem Limited
‘Avon Moldplast Limited
‘Ambani Organics Limited
Rudrabhishek Enterprises Limited
Jakharia Fabric Limited
Ganga Forging Limited
Bright Solar Limited
‘Acouracy Shipping Limited
Prit Intemational Limited
Shrecoswal Seeds and Chemicals Limited
Sonam Clock Limited
Sorich Foils Limited
ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name SI No Scrip Name SI No Scrip Name
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
Debock Sales and Marketing Limited
Latteys Industries Limited
Shree Vasu Logistics Limited
Suumaya Lifestyle Limited
Sirca Paints India Limited
Five Core Electronics Limited
E2E Networks Limited
SoftTech Engineers Limited
Godha Cabcon and Insulation Limited
‘Aakash Exploration Services Limited
Mahickra Chemicals Limited
Bombay Super Hybrid Seeds Limited
Power and Instrumentation (Gujarat) Limited
Vera Synthetic Limited
AVG Logistics Limited
MMP Industries Limited
$$ Infrastructure Development Consultants Limited
‘Soni Soya Products Limited
Narmada Agrobase Limited
Penta Gold Limited
Continental Seeds and Chemicals Limited
Kapston Facilties Management Limited
Nangia Andersen LLP
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
37
372
373
374
Mittal Life Style Limited
Giriraj Civil Developers Limited
Uravi T and Wedge Lamps Limited
Tara Chand Logistic Solutions Limited
Marvel Decor Limited
Macpower CNC Machines Limited
‘Sarveshwar Foods Limited
Uniinfo Telecom Services Limited
Hindcon Chemicals Limited
CKP Leisure Limited
Arvee Laboratories India Limited
‘South West Pinnacle Exploration Limited
Sintercom India Limited
Banka BioLoo Limited
Mohini Health and Hygiene Limited
AA and M Jumbo Bags Limited
Vasa Retail and Overseas Limited
‘Shree Ram Proteins Limited
Solex Energy Limited
SKS Textiles Limited
Silly Monks Entertainment Limited
Brand Concepts Limited
ar
395
396
Moksh Ornaments,
‘Ajooni Biotech Limited
SMVD Poly Pack Limited
‘One Point One Solutions Limited
‘Touchwood Entertainment Limited
Innovana Thinklabs Limited
Ice Make Refrigeration Limited
Shradha Infraprojects (Nagpur) Limited
Felix Industries Limited
Zodiac Energy Limited
Silver Touch Technologies limited
Vertoz Advertsing Limited
Pulz Electronics Limited
ANI Integrated Services Limited
Secur Credentials Limited
D.P. Abhushan Limited
Tirupati Forge Limited
Beta Drugs Limited
(CMM Infraprojects Limited
Mitton Industries Limited
'Omfurn India Limited
Jash Engineering Limited
J
ANDERSENGL
OBAL,
SI No Scrip Name SI No Scrip Name SI No Scrip Name
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
Debock Sales and Marketing Limited
Latteys Industries Limited
Shree Vasu Logistics Limited
Suumaya Lifestyle Limited
Sirca Paints India Limited
Five Core Electronics Limited
E2E Networks Limited
SoftTech Engineers Limited
Godha Cabcon and Insulation Limited
‘Aakash Exploration Services Limited
Mahickra Chemicals Limited
Bombay Super Hybrid Seeds Limited
Power and Instrumentation (Gujarat) Limited
Vera Synthetic Limited
AVG Logistics Limited
MMP Industries Limited
$$ Infrastructure Development Consultants Limited
‘Soni Soya Products Limited
Narmada Agrobase Limited
Penta Gold Limited
Continental Seeds and Chemicals Limited
Kapston Facilties Management Limited
Nangia Andersen LLP
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
37
372
373
374
Mittal Life Style Limited
Giriraj Civil Developers Limited
Uravi T and Wedge Lamps Limited
Tara Chand Logistic Solutions Limited
Marvel Decor Limited
Macpower CNC Machines Limited
‘Sarveshwar Foods Limited
Uniinfo Telecom Services Limited
Hindcon Chemicals Limited
CKP Leisure Limited
Arvee Laboratories India Limited
‘South West Pinnacle Exploration Limited
Sintercom India Limited
Banka BioLoo Limited
Mohini Health and Hygiene Limited
AA and M Jumbo Bags Limited
Vasa Retail and Overseas Limited
‘Shree Ram Proteins Limited
Solex Energy Limited
SKS Textiles Limited
Silly Monks Entertainment Limited
Brand Concepts Limited
ar
395
396
Moksh Ornaments,
‘Ajooni Biotech Limited
SMVD Poly Pack Limited
‘One Point One Solutions Limited
‘Touchwood Entertainment Limited
Innovana Thinklabs Limited
Ice Make Refrigeration Limited
Shradha Infraprojects (Nagpur) Limited
Felix Industries Limited
Zodiac Energy Limited
Silver Touch Technologies limited
Vertoz Advertsing Limited
Pulz Electronics Limited
ANI Integrated Services Limited
Secur Credentials Limited
D.P. Abhushan Limited
Tirupati Forge Limited
Beta Drugs Limited
(CMM Infraprojects Limited
Mitton Industries Limited
'Omfurn India Limited
Jash Engineering Limited
J
ANDERSENGL
OBAL,
Annexure 2 - List of NSE Emerge SME
SI No Scrip Name
397
398
399
400
401
402
403
404
405
406
407
408
409
410
an
412
413
414
415
416
417
418
Goldstar Power Limited
Reliable Data Services Limited
RKEC Projects Limited
Airo Lam Limited
Innovative Tyres and Tubes Limited
‘Aarvi Encon Limited
Cadsys (India) Limited
Shree Tirupati Balajee FIBC Limited
DP Wires Limited
RM Drip and Sprinklers Systems Limited
Madhya Pradesh Today Media Limited
Worth Peripherals Limited
Sri Krishna Metcom Limited
Manav infra projects Limited
Penta Gold Limited
Pashupati Cotspin Limited
Seven Hills Beverages Limited
Lexus Granito (India) Limited
Geekay Wires Limited
Servotech Power Systems Limited
Vaishali Pharma Limited
Surevin BPO Services Limited
Nangia Andersen LLP
SI No Scrip Name
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
Total Transport Systems Limited
Keerti Knowledge And Skills Limited
‘Shanti Overseas (India) Limited
Univastu India Limited
Shrenik Limited
Bansal Multilex Limited
Transwind Infrastructures Limited
‘Ace Integrated Solutions Limited
Pushpanjali Realms and Infratech Limited
Accord Synergy Limited
Globe Textiles (India) Limited
‘Shri Ram Switchgears Limited
Vadivarhe Specialty Chemicals Li
Jalan Transolutions (India) Limited
Zota Health Care Limited
CKP Products Limited
InfoBeans Technologies Limited
Panache Digi Limited
Sikko Industries Limited
MK Proteins Limited
Dev Information Technology Limited
ASL Industries Limited
SI No Scrip Name
441
BESREREES
51
El
88888
Focus Lighting And Fixtures Limited
Creative Peripherals and Distribution Limited
Bohra Industries Limited
Euro India Fresh Foods Limited
Laxmi Cotspin Limited
Airan Limited
Sanginita Chemicals Limited
‘Akash Infra Projects Limited
Nitraj Engineers Limited
Global Education limited
Krishana Phoschem Limited
Steel City Securities Limited
Madhav Copper Limited
Maheshwari Logistics Limited
Prolife Industries Limited
Libas Designs Limited
Jet Freight Logistics Limited
‘Agro Phos India limited
Pansari Developers Limited
Dhanuka Realty Limited
Globe International Carriers Limited
Art Nirman Limited
ANDERSENGLOBAL,
SI No Scrip Name
397
398
399
400
401
402
403
404
405
406
407
408
409
410
an
412
413
414
415
416
417
418
Goldstar Power Limited
Reliable Data Services Limited
RKEC Projects Limited
Airo Lam Limited
Innovative Tyres and Tubes Limited
‘Aarvi Encon Limited
Cadsys (India) Limited
Shree Tirupati Balajee FIBC Limited
DP Wires Limited
RM Drip and Sprinklers Systems Limited
Madhya Pradesh Today Media Limited
Worth Peripherals Limited
Sri Krishna Metcom Limited
Manav infra projects Limited
Penta Gold Limited
Pashupati Cotspin Limited
Seven Hills Beverages Limited
Lexus Granito (India) Limited
Geekay Wires Limited
Servotech Power Systems Limited
Vaishali Pharma Limited
Surevin BPO Services Limited
Nangia Andersen LLP
SI No Scrip Name
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
Total Transport Systems Limited
Keerti Knowledge And Skills Limited
‘Shanti Overseas (India) Limited
Univastu India Limited
Shrenik Limited
Bansal Multilex Limited
Transwind Infrastructures Limited
‘Ace Integrated Solutions Limited
Pushpanjali Realms and Infratech Limited
Accord Synergy Limited
Globe Textiles (India) Limited
‘Shri Ram Switchgears Limited
Vadivarhe Specialty Chemicals Li
Jalan Transolutions (India) Limited
Zota Health Care Limited
CKP Products Limited
InfoBeans Technologies Limited
Panache Digi Limited
Sikko Industries Limited
MK Proteins Limited
Dev Information Technology Limited
ASL Industries Limited
SI No Scrip Name
441
BESREREES
51
El
88888
Focus Lighting And Fixtures Limited
Creative Peripherals and Distribution Limited
Bohra Industries Limited
Euro India Fresh Foods Limited
Laxmi Cotspin Limited
Airan Limited
Sanginita Chemicals Limited
‘Akash Infra Projects Limited
Nitraj Engineers Limited
Global Education limited
Krishana Phoschem Limited
Steel City Securities Limited
Madhav Copper Limited
Maheshwari Logistics Limited
Prolife Industries Limited
Libas Designs Limited
Jet Freight Logistics Limited
‘Agro Phos India limited
Pansari Developers Limited
Dhanuka Realty Limited
Globe International Carriers Limited
Art Nirman Limited
ANDERSENGLOBAL,
Annexure 2 - List of NSE Emerge SME
463
464
465
466
467
468
469
470
an
472
473
474
475
476
ar
478
479
480
481
482
483
484
‘Sakar Healthcare Limited
Gretex Industries Limited
‘Aurangabad Distillery Limited
Nandani Creation Limited
‚Jet Knitwears Limited
AVSL Industries Limited
Crown Lifters Limited
Husys Consulting Limited
Madhya Bharat Agro Products Limited
KKV Agro Powers Limited
United Polylab Gujarat Limited
Sagardeep Alloys Limited
HEC Infra Projects Limited
Wealth First Portfolio Managers Limited
Hi-Tech Pipes Limited
Fourth Dimension Solutions Limited
Perfect Infraengineers Limited
‘Ahimsa Industries Limited
Shaival Reality Limited
Emkay Taps and Cutting Tools Limited
Supreme (India) Impex Limited
Momai Apparels Limited!
Nangia Andersen LLP
SI No Scrip Name
485
486
487
488
48
‘Sanco Industries Limited
MITCON Consultancy & Engineering Services
Limited
Opal Luxury Time Products Limited
Veto Switchgears and Cables Limited
Thejo Engineering Limited
o: ANDERSENGLODAL,
463
464
465
466
467
468
469
470
an
472
473
474
475
476
ar
478
479
480
481
482
483
484
‘Sakar Healthcare Limited
Gretex Industries Limited
‘Aurangabad Distillery Limited
Nandani Creation Limited
‚Jet Knitwears Limited
AVSL Industries Limited
Crown Lifters Limited
Husys Consulting Limited
Madhya Bharat Agro Products Limited
KKV Agro Powers Limited
United Polylab Gujarat Limited
Sagardeep Alloys Limited
HEC Infra Projects Limited
Wealth First Portfolio Managers Limited
Hi-Tech Pipes Limited
Fourth Dimension Solutions Limited
Perfect Infraengineers Limited
‘Ahimsa Industries Limited
Shaival Reality Limited
Emkay Taps and Cutting Tools Limited
Supreme (India) Impex Limited
Momai Apparels Limited!
Nangia Andersen LLP
SI No Scrip Name
485
486
487
488
48
‘Sanco Industries Limited
MITCON Consultancy & Engineering Services
Limited
Opal Luxury Time Products Limited
Veto Switchgears and Cables Limited
Thejo Engineering Limited
o: ANDERSENGLODAL,
Annexure 3 - Lot size for SME IPO
Lot size (No of
SINo Price band in INR FL
1 Upto 14 10,000
2. More than 14 upto 18 8,000
3 More than 18 upto 25 6,000
4 Morethan 25 upto 35 4,000
5 More than 35 upto 50 3,000
6 More than 50 upto 70 2,000
7 More than 70 upto 90 1,600
8 More than 90 upto 120 1,200
9 More than 120 upto 150 1,000
10 More than 150 upto 180 800
11. More than 180 upto 250 600
12 More than 250 upto 350 400
18 More than 350 upto 500 300
14 More than 500 upto 600 240
15 More than 600 upto 750 200
16 More than 750 upto 1000 160
17 Above 1000 100
Nangia Andersen LLP a Amember fimo ANDERSENGLOBAL,
Lot size (No of
SINo Price band in INR FL
1 Upto 14 10,000
2. More than 14 upto 18 8,000
3 More than 18 upto 25 6,000
4 Morethan 25 upto 35 4,000
5 More than 35 upto 50 3,000
6 More than 50 upto 70 2,000
7 More than 70 upto 90 1,600
8 More than 90 upto 120 1,200
9 More than 120 upto 150 1,000
10 More than 150 upto 180 800
11. More than 180 upto 250 600
12 More than 250 upto 350 400
18 More than 350 upto 500 300
14 More than 500 upto 600 240
15 More than 600 upto 750 200
16 More than 750 upto 1000 160
17 Above 1000 100
Nangia Andersen LLP a Amember fimo ANDERSENGLOBAL,
‘Sandeep Jhunjhunwala ir n
Partner, M&A Tax and Regulatory
Sandeep currently leads the Corporate and MBA tax practices of
Nangia Andersen in Bengaluru, India and the Emerging Laws
practice ofthe Firm nationally. Sandeep has spent more than 17
years working with Big 4 Accounting Firms in their tax and
regulatory practices
He specializes in the areas of corporate international tax with
expertise in strategic transaction advisory, cross-border tax
structuring and controversy management. He also works closely
with regulators and policy formulators, in providing inputs to aid in
the development of new regulations and policies, and in assessing
their efficacy. He has worked on a number of leading mull-national
companies in Information Technology, Communication, Real
Estate, Pharmaceuticals and e-commerce sectors and has been
extensively involved in advisory, compliance support, planning
‘opportunities and itigaion support on tax and regulatory matters.
Bergati@nangia anderson com
www.nangia-andersen.com | www.andersen.com
Nangia Andersen LLP
ANDERSENGLOBAL
Partner, M&A Tax and Regulatory
Sandeep currently leads the Corporate and MBA tax practices of
Nangia Andersen in Bengaluru, India and the Emerging Laws
practice ofthe Firm nationally. Sandeep has spent more than 17
years working with Big 4 Accounting Firms in their tax and
regulatory practices
He specializes in the areas of corporate international tax with
expertise in strategic transaction advisory, cross-border tax
structuring and controversy management. He also works closely
with regulators and policy formulators, in providing inputs to aid in
the development of new regulations and policies, and in assessing
their efficacy. He has worked on a number of leading mull-national
companies in Information Technology, Communication, Real
Estate, Pharmaceuticals and e-commerce sectors and has been
extensively involved in advisory, compliance support, planning
‘opportunities and itigaion support on tax and regulatory matters.
Bergati@nangia anderson com
www.nangia-andersen.com | www.andersen.com
Nangia Andersen LLP
ANDERSENGLOBAL
Categories
GeneralDownload
Download Slideshow Get the original presentation fileQuick Actions
Statistics
- Views 149
- Slides 35
- Age 433 days
Related Slideshows
22
Pray For The Peace Of Jerusalem and You Will Prosper
RodolfoMoralesMarcuc
30 views
26
Don_t_Waste_Your_Life_God.....powerpoint
chalobrido8
32 views
31
VILLASUR_FACTORS_TO_CONSIDER_IN_PLATING_SALAD_10-13.pdf
JaiJai148317
30 views
14
Fertility awareness methods for women in the society
Isaiah47
29 views
35
Chapter 5 Arithmetic Functions Computer Organisation and Architecture
RitikSharma297999
26 views
5
syakira bhasa inggris (1) (1).pptx.......
ourcommunity56
28 views