Brandbucket Media and Technology Ltd became Three Hundred and Fifty Eighth Company to get listed on BSE SME Platform
cityairnews
Dec 31, 2021 03:34
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Mumbai, December 31, 2021: Brandbucket Media & Technology Limited became the 358th company to get listed on the BSE SME Platform on December 31, 2021. Brandbucket Media & Technology Limited had come out with an initial public offering of 15,00,000 Equity Shares of Rs. 10 Each (“Equity Shares”) For Cash at a Price of Rs. 55 Per Equity Share (The “Offer Price”), Aggregating to Rs. 8.25 Crore. The company has successfully completed its public issue on December 23, 2021.
Brandbucket Media & Technology Limited is Maharashtra based company whose registered office is at Mumbai. The company engaged in the business of providing advertising and related media services. Company advertising media solutions include both offline like outdoor as well as digital media through Websites, Social Media Platforms, & Search Engines. The primary advertising offerings include: Digital Marketing, Ground events/activations, Events Management, Marketing Technology Services, Outdoor Media (OOH) and Print Media.
Mumbai based Inventure Merchant Banker Services Private Limited, was the lead manager to Brandbucket Media & Technology Limited.
So far, 127 companies have migrated to the main board. The 357 companies listed on BSE SME Platform have raised Rs. 3,785.32 Crore from the market and total market capitalization of 357 companies as on December 30, 2021 is Rs. 46,851.21 Crore. BSE is the market leader in this segment with a market share of 61 percent.
SEBI had come out with detailed guidelines on 18th May 2010 for launching of SME Exchange/Platform. BSE was the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March 2012.
The response since the launch of this platform by BSE has been very positive till date.
