23 small and medium enterprises in waiting to launch IPO
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As many as 23 small and medium enterprises have lined up their initial public offers (IPOs) to fund business expansion and meet working capital requirements. These companies, which are planning to list on BSE’s SME platform, are expected to float IPOs in the coming months.
The exchange has already given go-ahead to 10 SMEs, while another 13 have filed their draft offer documents with BSE and are awaiting its approval, the bourse said in a statement.
Listing will help these companies to enter capital markets and finally to graduate on to the mainboard.
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By Kate Weber on May 5, 2021 12:30PM
Takes on technology from CBA x15-backed Vonto.
UGG Since 1974 has implemented a business data platform to gain clearer insights into consumer analytics and business patterns.
The Australian-owned brand makes and sells sheepskin boots and slippers and operates as a completely separate entity to the Deckers Outdoor Corporation brand know as UGG.
General manager of UGG Since 1974 Hannah Watts said the ability to generate consumer insights from tailored data points enabled the business to make quick and informed decisions.
The company s chosen platform is from Vonto, a fintech that is backed by the Commonwealth Bank s x15 Ventures innovation team.