Mumbai, Feb 10 (Agency) Quality RO Industries and Safa Systems & Technologies became the 361st and 362nd company to get listed on the BSE SME Platform on Wednesday. Quality RO Industries Limited came out with an initial public offering of 5,30,000 Equity Shares of Rs 10 each for cash at a price of Rs 51 per Equity Share, aggregating to Rs 2.70 crore. The company has successfully completed its public issue on February 1, 2022. Safa Systems & Technologies Limited came out with an initial public offering of 40,00,000 Equity Shares of Rs 10 each for cash at a price of Rs 10 per Equity Share, aggregating to Rs 4.00 crore.
The company has successfully completed its public issue on February 1, 2022. Quality RO Industries Limited is a Gujarat-based company, whose registered office is at Vadodara. The company engaged in the business of manufacturing, marketing and supplying components for water purifiers and softener equipment. These water purifiers parts have been designed to make a proper fitting for RO Plants and Systems of different varieties, as they produce strictly according to industry standards. Company manufacturing facility enables us to design quality and precise product line in bulk quantities.
Safa Systems & Technologies Limited is Kerala based company whose registered office is at Ernakulam. The company engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phones accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The Company works in B2B (Business to Business) Model. Mumbai-based Shreni Shares Private Limited was the lead manager to Quality RO Industries Limited, while Kolkata-based Finshore Management Services Limited was the lead manager to Safa Systems & Technologies Limited.