NSE Achieves Record Listing of Five Companies Across Multiple Cities in a Single Day
In a landmark achievement, the National Stock Exchange (NSE) successfully listed five companies across multiple cities in a single day, with a consolidated issue size of Rs 2,047 crore. The listings, which took place on Tuesday, were celebrated simultaneously in Mumbai, Chennai, Jaipur, and Ahmedabad.
The companies listed are Akums Drugs and Pharmaceuticals Ltd, Sathlokhar Synergys E&C Global Ltd, Ashapura Logistics Ltd, Rajputana Industries Ltd, and Bulkcorp International Ltd. The largest of these, Akums Drugs and Pharmaceuticals, was listed with an issue size of Rs 1,856.74 crore. Sathlokhar Synergys E&C Global followed with Rs 92.93 crore, Ashapura Logistics with Rs 52.66 crore, Rajputana Industries with Rs 23.88 crore, and Bulkcorp International with Rs 20.78 crore.
"Today’s multi-city listing of five companies on the NSE stands as a testament to the strength of our technology infrastructure and issuance procedures", said Sriram Krishnan, Chief Business Development Officer, NSE. "We remain committed to smoothening the process for listing of good quality corporates to pave the way for achieving Prime Minister Narendra Modi’s vision of Viksit Bharat 2047".
The NSE Main Board is experiencing significant activity, with five Initial Public Offerings (IPOs) worth Rs 13,726 crore scheduled by August 13. The exchange has 2,535 companies from various sectors listed, boasting a market capitalization of Rs 455.79 lakh crore as of July 30. Additionally, the NSE Emerge platform hosts 516 companies, which have collectively raised over Rs 12,459 crore, with a total market capitalization of approximately Rs 175,000 crore.
In a recent development, the Securities and Exchange Board of India (SEBI) launched India’s first website for passive funds at the NSE. This platform aims to provide retail investors with comprehensive information and a better understanding of the Indian passive funds industry.
