Hem Research EXCLUSIVE

YEAR END REPORT

Small becomes Big

HEM SECURITIES LTD. – A 904, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai – 400013
 126 Companies Listed Till Date
2017 Figure Doubled than aggregate of 2015 & 2016 Combined Listing


Year 2012 2013 2014 2015 2016 2017
BSE SME 11 32 39 37 44 55
NSE EMERGE 2 2 2 5 22 71
Total 13 34 41 42 66 126

Main Board IPO

Till Date 39

Hem Research
2017 : Year of SME Listing
2017 30,000 Crore Market Cap Achieved


Total Market Cap 31886.40
BSE Market Cap 21395.40
NSE Market Cap 10491.00

In Rs Crore

Hem Research
2017 : Year of SME Listing
2017 Companies from 15 States got listed

No of Companies
47
39

11
8 6 4 2 2 1 1 1 1 1 1 1

Gujarat and Maharashtra leads with almost 70% Companies of total listing

Hem Research
2017 : Year of SME Listing
2017 First Time Many SME Companies
Garnered Procurement More than Main Board IPO’s

SME IPO
Company Issue Size In Crore Procurement In Crore
Ice Make Refrigeration Limited 23.17 6024.20
ANI Integrated Services Limited 25.66 5106.34
One point One Solution Limited 44.38 3777.18
Total Transport Systems Limited 17.01 2166.05
Dynamic Cables Limited 23.38 1619.53
InfoBeans Technologies Limited 36.78 1146.43

MAIN BOARD IPO

Company Issue Size In Crore Procurement In Crore
Indian Energy Exchange Limited 1,000.73 2181.59
PSP Projects Limited 211.68 1797.16
Shalby Limited 504.8 1357.91
Bharat Road Network Limited 600.65 1057.14
Apex Frozen Foods Limited 152.25 916.54
CL Educate Limited 238.95 442.06

Hem Research
2017 : Year of SME Listing
 Behemoth Over Subscription Seen
2017 on SME Platform

Company
 Over Subscription (In Times)
Ice Make Refrigeration Limited 259.18
ANI Integrated Services Limited 199.12
Accord Synergy Limited 138.25
Total Transport Systems Limited 127.34
Focus Lighting & Fixtures Limited 88.05
One point One Solution Limited 85.11
Global Education Limited 82.25
Dev Information Technology Limited 72.06
Dynamic Cables Limited 69.27
Shri Ram Switchgears Limited 67.56
Sharika Enterprises Limited 59.13
Chemcrux Enterprises Limited 54.37
Surevin BPO Services Limited 52.77

Hem Research
2017 : Year of SME Listing
 80% Companies listed on SME Platform
2017 have given positive Returns on IPO Price

 Figures of 2017 Listed Companies

Company Percentage Return
Shrenik Limited 1352.50
Meera Industries Limited 536.11
Airan Limited 354.22
Bansal Multiflex Limited 278.23
RKEC Projects Limited 271.11
Focus Lighting & Fixtures Limited 269.89
Madhav Copper Limited 243.64
Trident Texofab Limited 221.00
Prime Customer Services Limited 218.33
Maheshwari Logistics Limited 202.94
Vadivarhe Speciality Chemicals Limited 196.67
Oceanic Foods Limited 178.46
Lexus Granito (India) Limited 177.56
D. P. Abhushan Limited 176.79
Worth Peripherals Limited 158.14
One in every Four Company Listed on SME in 2017 have given more then 100% Return

Hem Research
2017 : Year of SME Listing
2017 20 Companies Migrated to Main Board

Name of the Company

 Exchange
M.D. Inducto Cast Limited BSE
Vishal Fabrics Limited BSE
Chemtech Industrial Valves Limited BSE
B. C. Power Controls Limited BSE
Gala Global Products Limited BSE
Mishka Exim Limited BSE
Shri Krishna Prasadam Limited BSE
Akme Star Housing Finance Limited BSE
Sunstar Realty Development Limited BSE
Funny Software Limited BSE
Karnavati Finance Limited BSE
Akme Star Housing Finance Limited BSE
Aanchal Ispat Limited BSE
Anubhav Infrastructure Limited BSE
Dhabriya Polywood Limited BSE
Amsons Apparels Limited BSE
VCU Data Management Limited BSE
Oasis Tradelink Limited BSE
Atishay Limited BSE
Ultracab (India) Limited BSE
Biotek Industries Limited BSE

Hem Research
2017 : Year of SME Listing
 SME Index Out Performs
2017 Other Indices in India


Percentage Growth
100
90
80
70
60
50
40
30
20
10
0
BSE BSE
BSE Nifty Nifty Nifty Nifty Nifty Nifty
Small Mid Sensex
SME SME Nxt 50 500 200 100 50
Cap Cap
Percentage Growth 88.86 67.01 56.76 45.84 42.49 34.78 32.54 30.38 28.1 27.27
For Calendar Year 2017
Hem Research
2017 : Year of SME Listing
 Global SME Exchange Scenario
2017 India is Growing. India is Shining. India is Scaling Up it’s Rank

Exchange Name Name of SME Market

 Country Listed SME 2014 Listed SME 2017
TMX Group TSX Venture Toronto 2347 1,720
Korea Exchange KOSDAQ Korea 1061 1,267
Japan Exchange Group JASDAQ Japan 844 749
Japan Exchange Group – Osaka Mothers Japan 208 248
LSE Group AIM London 1104 958
Shenzhen Stock Exchange SME Board China 406 902
Euronext Enternext Amsterdam 191 750
Second Regulated Market and Third Market
Wiener Borse Vienna 30 416
(MTF)
Hong Kong Exchanges and Clearing Growth Enterprise Market Hong Kong 179 330
BSE India Limited BSE SME India 82 216
National Stock Exchange of India Ltd NSE Emerge India 6 111
Scandinavian
Nasdaq Nordic Exchanges First North 174 263
Countries
Singapore Exchange SGX Catalist Singapore 155 225
Oslo Bors Oslo Axess Oslo, Norway 35 193
The Stock Exchange of Thailand Market for Alernative Investment (MAI) Thailand 111 150
Bursa Malaysia ACE Market Malaysia 107 115
Athens Stock Exchange (ATHEX) Alternative Market (EN.A) Greece 14 89
Cyprus Stock Exchange Emerging Companies Market Cyprus 20 69
Stock Exchange of Mauritius Development & Enterprise Market Mauritius 36 44
BME Spanish Exchanges MAB Expansion Spain 26 41
NXT Limited NZAX New Zealand 24 20

Hem Research
2017 : Year of SME Listing

Ashish Chauhan, MD & CEO, BSE.
Vikram Limaye, MD & CEO, NSE.
The Indian SME sector has emerged as a highly vibrant and
dynamic sector of the economy over the past few years. For
enabling equity resource mobilization through market
participation, BSE became the first Stock Exchange to launch
“BSE SME” platform in March 2012, enabling SME’s to list
and grow. The BSE-SME segment has fast emerged as the
preferred platform for SME's to raise capital and engage
investors. The platform provides immense opportunity to
entrepreneurs to raise equity capital for growth and
expansion, and for investors to identify and invest in SMEs at
an early stage. As of 30th December, 2017 the BSE-SME
segment enabled 216 SMEs to raise capital of Rs. 1,771 crores
for growth and expansion in a cost effective manner,
encouraging entrepreneurs, enabling wealth creation and
social-economic development".
NSE is committed to creating a conducive environment to
support the unique requirements of SME companies. We
have been working closely with various stakeholders and we
are delighted that large number of SME entrepreneurs are
seeking guidance from us to explore listing possibilities.
2017 : Year of SME Listing
 HEM SECURITIES LTD.

 HEM is an award winning Merchant Banker with 50 SME IPO
filings and has listed companies from various sectors including
Service, Jewellery, Construction , Finance & Investments,
Textiles ,Computers - Software ,Food ,Castings & Forgings,
Engineering ,Textiles , Chemicals, Computers – Software ,
Textiles ,Electric Equipment, Fertilizers, Construction , Logistics
Breweries & Distilleries Hotels Bearings, Trading, Plastics
Products, Cables – Power, Plastics Products from across 9 states
of India.

 Most of Companies listed by HEM have given positive return

over IPO price. Many of them subscribed heavily during IPO as
high as more than 5000 Cr, subscription being more than 200
times and total market Capitalisation of Companies listed by
HEM is now almost 3500 Cr with fund raise of almost 350 Cr.

Gaurav Jain – Director

We Believe more then 300 Companies to be listed in 2018 considering present trend.
Prateek Jain – Director

Hem Research
2017 : Year of SME Listing
 Few Wealth Creator IPO’s by HEM

300.00

250.00

200.00

150.00

100.00

50.00

0.00
SHARE ANI VADIVARHE BELLA CASA
RKEC D. P. GLOBAL DHABRIYA RMC
INDIA INYEGRATE SPECIALITY FASHION &
PROJECTS ABHUSHAN EDUCATION POLYWOOD SWITCHGEA
SECURITIES D SERVICES CHEMICALS RETAIL
LIMITED LIMITED LIMITED LIMITED RS LIMITED
LTD LIMITED LIMITED LIMITED
CMP 87.95 174.00 78.75 171.90 244.90 144.00 130.80 66.60 220.50
Issue Price 41.00 45.00 28.00 100.00 150.00 15.00 42.00 27.00 14.00

2017 : Year of SME Listing

 
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on this information, all care has been taken to ensure that the facts are accurate, fair and reasonable.
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instrument and at any point should not be considered as an investment advice. Reader is requested
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Hem Research
2017 : Year of SME Listing