SEBI came out with detailed guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012.
Sun Retail Limited became 272nd company respectively to get listed on the BSE SME Platform on October 16th, 2018. Sun Retail Limited came out with an initial public offering of 43,98,000 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 23/- Per Equity Share(The “Offer Price”), Aggregating to Rs. ‘1011.54’ lacs. The company has successfully completed its public issue on October 08, 2018.
Sun Retail Limited is a Gujarat based company whose registered office is at Ahmedabad. The company is engaged in the business of trading into refined/filtered edible oils. Our major products include cottonseed oil, groundnut oil, sunflower oil. Our Company also performs activity of bulk trading of palmolein oil and soybean oil.
Mumbai based Fedex Securities Limited was the lead manager for Sun Retail Limited.