Mumbai, Mar 22 : Knowledge Marine & Engineering Works Limited and Rangoli Tradecomm Limited became the 333rd & 334th company to get listed on the BSE SME Platform on March 22, 2021.
Knowledge Marine & Engineering Works Limited came out with an initial public offering of 27,36,000 Equity Shares of Rs 10 Each For Cash at a Price of Rs 37 Per Equity Share, Aggregating to Rs 10.12 Crore.
The company has successfully completed its public issue on March 12, 2021. Rangoli Tradecomm Limited came out with an initial public offering of 21,81,000 Equity Shares of Rs.10 Each For Cash at a Price of Rs. 197 Per Equity Share , Aggregating to Rs. 45.15 Crore. The company has successfully completed its public issue on March 12, 2021.
Knowledge Marine & Engineering Works Limited is primarily engaged in the business of owning and operating of Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure. Our group started our business in the year 2013 under the name Kamal Marine & Engineering Works Private Limited, which undertakes the business of repair/ refits of marine crafts.
Mumbai – based Hem Securities Limited, was the lead manager to Knowledge Marine & Engineering Works Limited.
Rangoli Tradecomm Limited is primarily engaged in the trading business of Polymers and Textile products. Polymer trading business includes commodity polymer, engineering polymer & chemicals and additives while Textile trading business includes trading of yarns, threads, and fabrics.
Mumbai – based Fedex Securities Pvt Limited, was the lead manager to Rangoli Tradecomm Limited.(UNI)