Source: Exchange Filings of Sheetal Cool Products Ltd
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Category: SME
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2 SME IPOs Explained
Source: SEBI Annual Report 2017-18
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India’s SME Exchanges
Source: SEBI Annual Report 2017-18
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S M Gold : Exploiting the SME Loopholes
Source: DRHP Filings of SM Gold Ltd
The Financial statements in the DRHP shows financial results from 2015 onwards even though the company was formed in 2017 and merged with a proprietorship firm on Aug 2018 ! (This month itself !)
The explanation is given below:
At this rate, any entity can get listed on the SME exchanges with the flimsiest of financial manoeuvres.
Have half a mind to suggest to Paramesha sandwich walla -who has a food stall on the street right below BSE- to go for a SME listing !
Categories
SaleBhai : Networking Sahi Hain
Amusing to see loss making companies getting listed on the BSE SME platform and the reasons given for their valuations.
Source: DRHP Filings of Salebhai Internet Ltd
