Adjia Technologies becomes Eighth company to get listed on BSE Startups

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Adjia Technologies becomes Eighth company to get listed on BSE Startups

Adjia Technologies becomes Eighth company to get listed on BSE Startups. BSEbecame the first stock exchange to get the approval from SEBI and launch its Startups platform on 22nd December, 2018.

Adjia Technologies Limited became 8th company to get listed on the BSE Startup Platform on March 15, 2021. Adjia Technologies Limited came out with an initial public offering of 2,70,400 Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 74/- Per Equity Share (The “Offer Price”), Aggregating to Rs. ’200.10’ lacs. The company has successfully completed its public issue on March 04, 2021.

Adjia Technologies Limited is a Gujarat based company whose registered office is at Ahmedabad, Gujarat. The company is engaged in the business of offering augmented reality and virtual reality related services to various customers electronically. They have built technology and solutions for multiple areas of the business which enables one Company to increase efficiency. They provide dynamic pricing and sector specific approach. The Company is also engaged in Software Consultancy services.

Mumbai based Shreni Shares Private Limited was the lead manager for Adjia Technologies Limited.

The 8 companies listed on BSE Startups Platform have raised Rs. 31.5 crores from the market and total market capitalization of these companies as on March 12, 2021 is 80.49 Crores. BSE is the market leader in this segment with a market share of 100 percent.

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