Platinumone Business Services 354th Company to get listed on BSE SME Platform

The company has successfully completed its public issue on September 07, 2021.

Sep 16, 2021 04:09 IST India Infoline News Service

Dalal Street
Platinumone Business Services Limited became the 345th company to get listed on the BSE SME Platform on September 16, 2021.

Platinumone Business Services Limited came out with an initial public offering of 4,22,400 Equity Shares of Rs10 Each (“Equity Shares”) For Cash At a Price of Rs92 Per Equity Share (The “Offer Price”), Aggregating to Rs3.89cr.

The company has successfully completed its public issue on September 07, 2021.

SEBI came out with detailed guidelines on 18th May 2010 for the launching of SME Exchange/Platform. BSE became the first stock exchange to get approval from SEBI and launch its SME platform on 13th March 2012.

Platinumone Business Services Limited is a Maharashtra based company whose registered office is at Thane. The company engaged in the business providing Business Process Management Services. Business Process Management Services (BPMS) has an endless reach in the today’s market.

In today’s business world mid-size companies to large corporate are focusing on out sourcing model for their various activities.  Company provide services to mid-size and large corporates to fulfil their Customer Acquisition needs. Company provide services in various industries namely FMCG, Real Estate, Furniture, Insurance, Consumer Durables etc. Our tailor-made solutions offers customized engagement models to facilitate the ease of doing their business.

Mumbai based Gretex Corporate Services Limited, was the lead manager to Platinumone Business Services Limited

So far, 113 companies have migrated to the main board. The 344 companies listed on BSE SME Platform have raised Rs.3,630.4 crore from the market and total market capitalization of 344 companies as on September 16, 2021 is Rs. 35,736.90 Crore. BSE is the market leader in this segment with a market share of 61 percent.

The response since the launch of this platform by BSE has been very positive till date.

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