Mumbai, Nov 22 (UNI) Sanghvi Brands Limited has become the 210th company to get listed on the BSE SME Platform on November 22.

Sanghvi Brands Limited came out with an initial public offering of 27,48,000 equity shares of Rs.10 each for cash at a price Of Rs.69 per equity share aggregating to Rs 1896.12 lacs.

The company manages and operates one of India’s leading integrated portfolio of Luxury Spa, Beauty, Wellness and Fitness Brands and one of the Top Largest Spa and Wellness operators in India with license rights to operate various Premium International Brands including Spa by Clarins, Spa by L’Occitane, Elle Spas and

Salons, Warren Tricomi Salon and Spas, Rosanno Ferretti Spa, Ramona Braganza’s 3-2-1 Fitness Program.

The 210 companies listed on BSE SME Platform have raised Rs.1696.66 crores from the market and total market capitalization of 210 companies as on November 22, 2017 is 19,542.36 Crores.

BSE is the market leader in this segment with a market share of 68 percent.

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