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Gleam Fabmat gets listed on BSE
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Gleam Fabmat gets listed on BSE

Mumbai, Mar 5 : Gleam Fabmat Limited became 287th company respectively to get listed on the BSE SME Platform on Tuesday.

Gleam Fabmat Limited came out with an initial public offering(IPO) of 31,20,000 Equity Shares of Rs 10 each for cash at a Price of Rs. 10 Per Equity Share , aggregating to Rs 312 lacs.

The company has successfully completed its public issue on February 22, 2019. Gleam Fabmat Limited is a New Delhi based company whose registered office is at Delhi. They are engaged in the business trades in wide range of aluminum products such as Aluminum Sheets, Aluminum Coils, Rivets etc. and textiles products.

Mumbai-based Aryaman Financial Services Limited was the lead manager for Gleam Fabmat Limited. The 287 companies listed on BSE SME Platform have raised Rs.2926.95 crores from the market and total market capitalization of 287 companies as on March 05, 2019 is Rs. 17,814.47 crores. BSE is the market leader in this segment with a market share of 59.54 percent.UNI