CWD Limited becomes 12th company to get listed on BSE Startups Platform

Mumbai based Aryaman Financial Services Limited was the lead manager for CWD Limited.

Oct 13, 2021 01:10 IST India Infoline News Service

Dalal Street
CWD Limited became the 12th company to get listed on the BSE Startup Platform on October 13, 2021. CWD Limited came out with an initial public offering of 10,00,800 Equity Shares of Rs10/- Each (“Equity Shares”) For Cash at a Price of Rs180/- Per Equity Share (The “Offer Price”), Aggregating to Rs18.01cr. The company has successfully completed its public issue on October 05, 2021.

BSE became the first stock exchange to get approval from SEBI and launch its Startups platform on 22nd December 2018.

CWD Limited is a Maharashtra based company whose registered office is at Mumbai. Company is engaged in business of Information and Communication Technology (ICT) that designs, develops, manufactures, and sells integrated solutions. Company developed products are focused on wireless technologies either on short-range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid-range systems like LORA or long-range communication systems like 5G LTE, NB-IOT, LTE CAT.

Mumbai based Aryaman Financial Services Limited was the lead manager for CWD Limited.

The 11 companies listed on BSE Startups Platform have raised Rs38.62cr from the market and total market capitalization of these companies as on October 12, 2021 is 150.57 Crores. BSE is the market leader in this segment with a market share of 100%.

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