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President Message
Global markets are in a flux with the prospects of the US trade strategy of reciprocal Tariff. It has a direct bearing on a vibrant segment of MSMEs in textiles and garments, leather and leather products, pharmaceuticals, light engineering, auto components and electronics. FISME recently organized a roundtable on ‘US Reciprocal Tariff and Indian MSMEs: Taking stock of state of play’. The experts and former negotiators were drawn from various Delhi based think-tanks. Convenor of ‘Friends of MSMEs in Parliament’ Shri Rajendra Agrawal ji also participated. The discussion was candid. We discussed the current scope and structure of the U.S. reciprocal tariff policy as it applied to India and how was it likely to be implemented. If looked objectively, there are not many items where India and US compete. In most areas both economies are complimentary in nature. We also tried to identify the MSME sectors which are on the fore front of the firing line. Another important question probed was whether getting into a Comprehensive Bilateral Trade deal with US to quell the Trump’s tariff threats was a good option. While all the discussion can’t be put in the public domain because of inherent sensitivities, the consensus was to wait for 2nd April 2025 for further clarity. FISME intends to organize a follow-up public meeting later in April to take stock of the situation.
With support of the Ministry of MSMEs, Federation of Indian Micro and Small & Medium Enterprises (FISME) organized the GI Mahotsav in Bangalore from 21st to 23rd March 2025 to promote Geographical Indications (GI) and their significance. It was an exhibition of GI tagged products, showcasing their cultural and economic importance. There were 52 stalls displaying various GI tagged Products including Sangli Raisins, Kashmir Saffron, Bikaneri Bhujia, Pratapgarh Amla Products, Rasipuram Cow Ghee, Udupi Cotton Handloom Sarees, Maheshwar Handloom Sarees, Karnataka Itkal Handloom Sarees, Paintings, Perfumes, Handicrafts items etc. The GI Mahotsav was visited by about 5000 visitors.
Federation of Indian Micro and Small & Medium Enterprises (FISME) organized IPR awareness programmes in Manesar, Meerut and Badli on 21st, 22nd and 24th of March, respectively. FISME has set up an Intellectual Property Facilitation Centre (FISME-IPFC) with the support of Ministry of MSME. The objective of these awareness programmes was to enhance awareness of IPR among MSMEs and Inform about support from FISME-IPFC for IP filing and reimbursement. These programmes were organized in collaboration with regional associations such as Meerut Industrial Development Forum (MiDFo), Meerut Citizens Forum (MCF) and Badli Industrial Estate Association (BIEA).
The Central Executive Committee of Federation of Indian Micro and Small & Medium Enterprises (FISME) has re-elected the incumbent President Sandeep K. Jain for the year 2025-26. An IIT-Kanpur alumnus, Jain was elected President in 2024-25. Expressing gratitude to the CEC, Jain highlighted the significant progress made during his tenure, addressing long-standing MSME issues with the support of FISME’s dedicated team. The twenty-one member committee was convened virtually under the guidance of Election Officer Ashok Agarwal which re-elected Jain as President unanimously.
The Federation of Indian Micro and Small & Medium Enterprises (FISME), serving as the secretariat of the forum 'Friends of MSMEs in Parliament' organized the "8th Samwad: Dialogue with MSMEs" in New Delhi on 26 March, 2025 to review the emerging challenges faced by MSMEs. The event was chaired by Shri Shankar Lalwani, Lok Sabha MP from Indore with Shri Rajendra Agrawal, former MP of Meerut, as the Convenor of the forum. Discussions emphasized the need for legislative reforms, leveraging parliamentary institutions for MSME advocacy, and fostering dialogue between stakeholders. Key concerns raised included SMA classification, BLR ratings, delayed payments, and finance-related issues.
Federation of Indian Micro and Small & Medium Enterprises (FISME) organised a meeting with raw material producers and MSMEs with members of ‘Friends of MSMEs in parliament’ in New Delhi on 26th March 2025. The Roundtable titled, ‘Balancing Economic Interests of Large Raw Material Producers and MSMEs’, aimed to facilitate discussion between raw material producers and MSMEs on the import policy, which discourages raw material imports while encouraging finished product imports. Higher input costs due to import restrictions on raw material has led to reduced export competitiveness of MSMEs in steel sector. The objective of the discussion was to find a common ground and balance the interests of raw material producers and MSMEs.
Federation of Indian Micro and Small & Medium Enterprises (FISME) in partnership with Manesar Industries Welfare Association (MIWA) and Gurgaon Chamber of Commerce and Industry (GCCI) organized a National Level IP Yatra Programme to empower MSMEs with knowledge about Intellectual Property Rights (IPRs) from 27th to 28th March 2025 in Gurgaon. The two-day event featured expert presentations on the benefits of IPR, including patents, trademarks, copyrights, and GIs. MSMEs were also informed about FISME-IPFC’s support for IP filing and expense reimbursement. The programme concluded with a roundtable discussion with company directors and owners, highlighting the commercialization potential of registered IPs.
Federation of Indian Micro and Small & Medium Enterprises (FISME) convened a roundtable with India’s top economists to assess the likely impact of President Trump’s trade measures especially the reciprocal tariff on Indian MSMEs. Researchers and economists who deliberated the various scenario included Abhijit Das- Former Director of Center for WTO Studies, Ajay Shrivastav from GTRI, Dr. Arpita Mukherjee from ICRIER, Dr. Jayant Dasgupta Former Ambassador of India at WTO, Tariffs and Trade Expert Arun Goyal, Formal trade negotiator Atul Kaushik, Anuradha R.C.- Trade Law expert, Trade and Commerce expert Pranav Kumar and Debjit Ghosh from KPMG.
Entrepreneurs are often recognized as the backbone of the economy — and for good reason. They drive innovation, create jobs, and inject vitality into industries, fueling economic growth and shaping the future. From small local startups to global disruptors, entrepreneurs identify problems, deliver solutions, and push boundaries, building the businesses that keep economies dynamic and evolving.
While reciprocal tariffs may have limited impact on India, a Bilateral Trade Agreement (BTA) with the US could introduce pressure on non-tariff issues such as intellectual property rights, digital regulations, and government procurement, warns Ajay Srivastava, Founder of Global Trade Research Initiative (GTRI). In a conversation with CNBC-TV18, he highlighted that India’s industrial sector is already accustomed to zero-duty imports under existing free trade agreements (FTA). However, the real challenge lies in US demands beyond tariffs, which could reshape India’s trade policies in critical areas. In a conversation with CNBC-TV18, he highlighted that India’s industrial sector is already accustomed
India’s external debt reached USD 717.9 billion by the end of December 2024, marking a 10.7 per cent increase from USD 648.7 billion in December 2023, according to the latest data from the Finance Ministry.
On a quarterly basis, the external debt rose by 0.7 per cent from USD 712.7 billion in September 2024. The external debt-to-GDP ratio stood at 19.1 per cent in December, compared to 19 per cent in the previous quarter.
India's petroleum product exports experienced a 3.7 percent growth in volume terms, reaching 59.0 million tonne (MT) during April–February of the current fiscal year, compared to 56.9 MT in the same period last fiscal, according to data released by the Petroleum Planning and Analysis Cell. This increase was primarily driven by higher shipments of motor spirit, petcoke, and fuel oil. Despite the increase in export volumes, the value of these exports declined by nearly 7 percent to USD 40.4 billion in the first eleven months of the current fiscal year, down from USD 43.4 billion in the same period last year.
The Asian Development Bank (ADB) has signed a significant loan agreement with Shriram Finance Limited worth USD 150 million, aimed at expanding financial access for micro, small, and medium-sized enterprises (MSMEs) in India. The strategic financing package will focus on business loans and support the acquisition of electric vehicles (EVs) and low-emission commercial vehicles, with a particular emphasis on empowering women-owned businesses and enterprises in underdeveloped regions.
In a significant move to support the growth and sustainability of Micro and Small Enterprises (MSEs), the Government of India has announced enhancements to the Credit Guarantee Scheme (CGS-I). Effective from April 1, 2025, the credit guarantee coverage limit has been increased from Rs 5 crore to Rs 10 crore. Additionally, the Annual Guarantee Fee (AGF) structure has been rationalised to reduce the financial burden on MSMEs.
The Ministry of Micro, Small and Medium Enterprises (MSME) has introduced a groundbreaking sub-scheme under the Central Sector Scheme Raising and Accelerating MSME Performance Program (RAMP), named the MSME Trade Enablement and Marketing (MSME TEAM) Initiative during the FY 2024-25. Launched on June 27, 2024, the initiative represents a strategic approach to propelling micro and small enterprises into the digital marketplace, with a particular emphasis on women entrepreneurs.
The Government of Goa has outlined an extensive agricultural development strategy, allocating substantial resources to modernise and diversify the state's agricultural and fisheries sectors. Chief Minister Pramod Sawant presented a comprehensive plan that encompasses institutional support, export promotion, and technological innovation across multiple agricultural domains. A significant financial provision of Rs 306.3 crore has been earmarked for the agricultural sector, with strategic focus on establishing specialised boards to enhance sector productivity and regulation.
The Andhra Pradesh State government has announced a comprehensive Innovation & Start-up Policy (4.0) for 2024-2029, setting ambitious targets to bolster the state's entrepreneurial landscape. The policy aims to create 20,000 new start-ups and generate at least 100,000 jobs within the next five years, marking a significant strategic initiative for economic development. The policy's expansive scope includes supporting the formation of 20 potential unicorns and 10 established unicorns.
Haryana Chief Minister Nayab Singh Saini officially launched the One Time Settlement Scheme-2025 during an event in Kurukshetra on Sunday. The initiative aims to alleviate financial pressure on traders while simultaneously enhancing government revenue collection. The scheme specifically targets thousands of small shopkeepers, traders, and entrepreneurs struggling with pending tax obligations.
The Government of India and the Government of Japan have formalised loan agreements totaling JPY 191.736 billion for six major development projects across India under Japan's Official Development Assistance (ODA) program. The agreements, signed yesterday in New Delhi, target diverse sectors including forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion.
In a significant diplomatic and technological milestone, the Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, and Singapore's Senior Minister of State Dr. Amy Khor witnessed the signing of a pivotal Letter of Intent (LOI) aimed at establishing a Singapore-India Green and Digital Shipping Corridor (GDSC).
Will the RBI's proposal to waive foreclosure charges bring desired relief to MSMEs ?
According to the FISME factor, 50% of MSMEs believe that the government should prioritize tech and innovation to strengthen Indian manufacturing sector, while the other 50% believe regulatory ease will have a great impact.
This Employee Benefits Strategy Will Give Your Business an Edge
Small businesses are navigating a complex labor market and facing unique wage pressures. For any small business owner struggling to find the right talent right now, a smart benefits strategy can help them compete with the premium wages larger companies are often able to offer employees. Although larger companies often have the advantage in base compensation, a comprehensive benefits strategy can help level the playing field, and it can significantly influence how valued your employees feel.
Financial Literacy for Small Business Owners: Key Strategies for Success
Financial literacy is a critical skill for small business owners. It lays the foundation for informed decision-making and effective financial management. Whether you’re just starting your business or looking to grow, understanding key financial concepts is essential. In this article, we’ll explore the importance of financial literacy and provide practical strategies to enhance it. A balance sheet provides a snapshot of your company’s financ ..
7 tips to make your small business website SEO-friendly
Are you a small business owner looking to attract more customers and increase your online visibility? Search engine optimization (SEO) is essential for any business looking to generate more leads and sales. While SEO can seem like a daunting task, it’s possible to improve your website’s rankings with the right approach and a bit of patience. In this article, we’ll discuss seven essential tips for making your small business website SEO-friendly.
Andhra Pradesh Seeks Greater Centre-State Collaboration in Biotechnology
Andhra Pradesh’s Health Minister, Y. Satya Kumar, met Union Minister Jitendra Singh in the national capital, seeking enhanced collaboration in the field of biotechnology.
The discussions aimed at expanding biotechnology-related projects in the state and strengthening ongoing initiatives with central support. Expressing gratitude for the Modi government’s assistance, Satya Kumar highlighted the state’s commitment to utilising biotechnology for advancements in healthcare and industrial applications.
Shares of infrastructure company Desco Infratech made a positive debut on the BSE SME on Tuesday, April 1, 2025. The stock listed at Rs 160 per share, marking a 6.67 per cent premium over the issue price of Rs 150 per share. The listing performance exceeded grey market expectations, where shares were trading at approximately Rs 155.50 prior to the official market debut. The company's initial public offering (IPO) comprised a fresh issue of 2.05 million equity shares with no offer for sale component, raising a total of Rs 30.75 crore. Before the public issue, Desco Infratech secured Rs 8.65 crore from anchor investors by allocating 0.57 million shares at the upper price band of Rs 150 per share.
Active Infrastructures Debuts On NSE SME At Rs 181 Per Share
Civil construction firm Active Infrastructures made its initial public offering (IPO) debut on the NSE SME platform, with shares listing at Rs 181 per share—precisely matching the issue price. The listing closely aligned with grey market expectations, where pre-listing estimates had suggested a marginal premium of Rs 1 or 0.55 percent over the issue price. The public offering consisted of a fresh issue of 4.30 million equity shares, aggregating to Rs 77.83 crore.
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released the Quick Estimate of Index of Industrial Production and Use-Based Index for the month of January 2025 (Base 2011-12=100).
FISME regularly receives monthly reports on the economies of various countries from their missions in India. These reports provide information on key economic parameters, trade related information and all news relevant for importers and exporters. In this edition you can take a look at reports on:
Write your comments on the FISME Factor. Share your views and suggestions on MSME issues. Win prize! The best mail will get a special book every fortnight.
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Global markets are in a flux with the prospects of the US trade strategy of reciprocal Tariff. It has a direct bearing on a vibrant segment of MSMEs in textiles and garments, leather and leather products, pharmaceuticals, light engineering, auto components and electronics. FISME recently organized a roundtable on ‘US Reciprocal Tariff and Indian MSMEs: Taking stock of state of play’. The experts and former negotiators were drawn from various Delhi based think-tanks. Convenor of ‘Friends of MSMEs in Parliament’ Shri Rajendra Agrawal ji also participated. The discussion was candid. We discussed the current scope and structure of the U.S. reciprocal tariff policy as it applied to India and how was it likely to be implemented. If looked objectively, there are not many items where India and US compete. In most areas both economies are complimentary in nature. We also tried to identify the MSME sectors which are on the fore front of the firing line. Another important question probed was whether getting into a Comprehensive Bilateral Trade deal with US to quell the Trump’s tariff threats was a good option. While all the discussion can’t be put in the public domain because of inherent sensitivities, the consensus was to wait for 2nd April 2025 for further clarity. FISME intends to organize a follow-up public meeting later in April to take stock of the situation.
With support of the Ministry of MSMEs, Federation of Indian Micro and Small & Medium Enterprises (FISME) organized the GI Mahotsav in Bangalore from 21st to 23rd March 2025 to promote Geographical Indications (GI) and their significance. It was an exhibition of GI tagged products, showcasing their cultural and economic importance. There were 52 stalls displaying various GI tagged Products including Sangli Raisins, Kashmir Saffron, Bikaneri Bhujia, Pratapgarh Amla Products, Rasipuram Cow Ghee, Udupi Cotton Handloom Sarees, Maheshwar Handloom Sarees, Karnataka Itkal Handloom Sarees, Paintings, Perfumes, Handicrafts items etc. The GI Mahotsav was visited by about 5000 visitors.
Federation of Indian Micro and Small & Medium Enterprises (FISME) organized IPR awareness programmes in Manesar, Meerut and Badli on 21st, 22nd and 24th of March, respectively. FISME has set up an Intellectual Property Facilitation Centre (FISME-IPFC) with the support of Ministry of MSME. The objective of these awareness programmes was to enhance awareness of IPR among MSMEs and Inform about support from FISME-IPFC for IP filing and reimbursement. These programmes were organized in collaboration with regional associations such as Meerut Industrial Development Forum (MiDFo), Meerut Citizens Forum (MCF) and Badli Industrial Estate Association (BIEA).
The Central Executive Committee of Federation of Indian Micro and Small & Medium Enterprises (FISME) has re-elected the incumbent President Sandeep K. Jain for the year 2025-26. An IIT-Kanpur alumnus, Jain was elected President in 2024-25. Expressing gratitude to the CEC, Jain highlighted the significant progress made during his tenure, addressing long-standing MSME issues with the support of FISME’s dedicated team. The twenty-one member committee was convened virtually under the guidance of Election Officer Ashok Agarwal which re-elected Jain as President unanimously.
The Federation of Indian Micro and Small & Medium Enterprises (FISME), serving as the secretariat of the forum 'Friends of MSMEs in Parliament' organized the "8th Samwad: Dialogue with MSMEs" in New Delhi on 26 March, 2025 to review the emerging challenges faced by MSMEs. The event was chaired by Shri Shankar Lalwani, Lok Sabha MP from Indore with Shri Rajendra Agrawal, former MP of Meerut, as the Convenor of the forum. Discussions emphasized the need for legislative reforms, leveraging parliamentary institutions for MSME advocacy, and fostering dialogue between stakeholders. Key concerns raised included SMA classification, BLR ratings, delayed payments, and finance-related issues.
Federation of Indian Micro and Small & Medium Enterprises (FISME) organised a meeting with raw material producers and MSMEs with members of ‘Friends of MSMEs in parliament’ in New Delhi on 26th March 2025. The Roundtable titled, ‘Balancing Economic Interests of Large Raw Material Producers and MSMEs’, aimed to facilitate discussion between raw material producers and MSMEs on the import policy, which discourages raw material imports while encouraging finished product imports. Higher input costs due to import restrictions on raw material has led to reduced export competitiveness of MSMEs in steel sector. The objective of the discussion was to find a common ground and balance the interests of raw material producers and MSMEs.
Federation of Indian Micro and Small & Medium Enterprises (FISME) in partnership with Manesar Industries Welfare Association (MIWA) and Gurgaon Chamber of Commerce and Industry (GCCI) organized a National Level IP Yatra Programme to empower MSMEs with knowledge about Intellectual Property Rights (IPRs) from 27th to 28th March 2025 in Gurgaon. The two-day event featured expert presentations on the benefits of IPR, including patents, trademarks, copyrights, and GIs. MSMEs were also informed about FISME-IPFC’s support for IP filing and expense reimbursement. The programme concluded with a roundtable discussion with company directors and owners, highlighting the commercialization potential of registered IPs.
Federation of Indian Micro and Small & Medium Enterprises (FISME) convened a roundtable with India’s top economists to assess the likely impact of President Trump’s trade measures especially the reciprocal tariff on Indian MSMEs. Researchers and economists who deliberated the various scenario included Abhijit Das- Former Director of Center for WTO Studies, Ajay Shrivastav from GTRI, Dr. Arpita Mukherjee from ICRIER, Dr. Jayant Dasgupta Former Ambassador of India at WTO, Tariffs and Trade Expert Arun Goyal, Formal trade negotiator Atul Kaushik, Anuradha R.C.- Trade Law expert, Trade and Commerce expert Pranav Kumar and Debjit Ghosh from KPMG.
Entrepreneurs are often recognized as the backbone of the economy — and for good reason. They drive innovation, create jobs, and inject vitality into industries, fueling economic growth and shaping the future. From small local startups to global disruptors, entrepreneurs identify problems, deliver solutions, and push boundaries, building the businesses that keep economies dynamic and evolving.
India’s external debt reached USD 717.9 billion by the end of December 2024, marking a 10.7 per cent increase from USD 648.7 billion in December 2023, according to the latest data from the Finance Ministry.
On a quarterly basis, the external debt rose by 0.7 per cent from USD 712.7 billion in September 2024. The external debt-to-GDP ratio stood at 19.1 per cent in December, compared to 19 per cent in the previous quarter.
India's petroleum product exports experienced a 3.7 percent growth in volume terms, reaching 59.0 million tonne (MT) during April–February of the current fiscal year, compared to 56.9 MT in the same period last fiscal, according to data released by the Petroleum Planning and Analysis Cell. This increase was primarily driven by higher shipments of motor spirit, petcoke, and fuel oil. Despite the increase in export volumes, the value of these exports declined by nearly 7 percent to USD 40.4 billion in the first eleven months of the current fiscal year, down from USD 43.4 billion in the same period last year.
The Asian Development Bank (ADB) has signed a significant loan agreement with Shriram Finance Limited worth USD 150 million, aimed at expanding financial access for micro, small, and medium-sized enterprises (MSMEs) in India. The strategic financing package will focus on business loans and support the acquisition of electric vehicles (EVs) and low-emission commercial vehicles, with a particular emphasis on empowering women-owned businesses and enterprises in underdeveloped regions.
In a significant move to support the growth and sustainability of Micro and Small Enterprises (MSEs), the Government of India has announced enhancements to the Credit Guarantee Scheme (CGS-I). Effective from April 1, 2025, the credit guarantee coverage limit has been increased from Rs 5 crore to Rs 10 crore. Additionally, the Annual Guarantee Fee (AGF) structure has been rationalised to reduce the financial burden on MSMEs.
The Ministry of Micro, Small and Medium Enterprises (MSME) has introduced a groundbreaking sub-scheme under the Central Sector Scheme Raising and Accelerating MSME Performance Program (RAMP), named the MSME Trade Enablement and Marketing (MSME TEAM) Initiative during the FY 2024-25. Launched on June 27, 2024, the initiative represents a strategic approach to propelling micro and small enterprises into the digital marketplace, with a particular emphasis on women entrepreneurs.
The Government of Goa has outlined an extensive agricultural development strategy, allocating substantial resources to modernise and diversify the state's agricultural and fisheries sectors. Chief Minister Pramod Sawant presented a comprehensive plan that encompasses institutional support, export promotion, and technological innovation across multiple agricultural domains. A significant financial provision of Rs 306.3 crore has been earmarked for the agricultural sector, with strategic focus on establishing specialised boards to enhance sector productivity and regulation.
The Andhra Pradesh State government has announced a comprehensive Innovation & Start-up Policy (4.0) for 2024-2029, setting ambitious targets to bolster the state's entrepreneurial landscape. The policy aims to create 20,000 new start-ups and generate at least 100,000 jobs within the next five years, marking a significant strategic initiative for economic development. The policy's expansive scope includes supporting the formation of 20 potential unicorns and 10 established unicorns.
Haryana Chief Minister Nayab Singh Saini officially launched the One Time Settlement Scheme-2025 during an event in Kurukshetra on Sunday. The initiative aims to alleviate financial pressure on traders while simultaneously enhancing government revenue collection. The scheme specifically targets thousands of small shopkeepers, traders, and entrepreneurs struggling with pending tax obligations.
The Government of India and the Government of Japan have formalised loan agreements totaling JPY 191.736 billion for six major development projects across India under Japan's Official Development Assistance (ODA) program. The agreements, signed yesterday in New Delhi, target diverse sectors including forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion.
In a significant diplomatic and technological milestone, the Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, and Singapore's Senior Minister of State Dr. Amy Khor witnessed the signing of a pivotal Letter of Intent (LOI) aimed at establishing a Singapore-India Green and Digital Shipping Corridor (GDSC).
According to the FISME factor, 50% of MSMEs believe that the government should prioritize tech and innovation to strengthen Indian manufacturing sector, while the other 50% believe regulatory ease will have a great impact.
Small businesses are navigating a complex labor market and facing unique wage pressures. For any small business owner struggling to find the right talent right now, a smart benefits strategy can help them compete with the premium wages larger companies are often able to offer employees. Although larger companies often have the advantage in base compensation, a comprehensive benefits strategy can help level the playing field, and it can significantly influence how valued your employees feel.
Financial literacy is a critical skill for small business owners. It lays the foundation for informed decision-making and effective financial management. Whether you’re just starting your business or looking to grow, understanding key financial concepts is essential. In this article, we’ll explore the importance of financial literacy and provide practical strategies to enhance it. A balance sheet provides a snapshot of your company’s financ ..
Are you a small business owner looking to attract more customers and increase your online visibility? Search engine optimization (SEO) is essential for any business looking to generate more leads and sales. While SEO can seem like a daunting task, it’s possible to improve your website’s rankings with the right approach and a bit of patience. In this article, we’ll discuss seven essential tips for making your small business website SEO-friendly.
Andhra Pradesh’s Health Minister, Y. Satya Kumar, met Union Minister Jitendra Singh in the national capital, seeking enhanced collaboration in the field of biotechnology.
The discussions aimed at expanding biotechnology-related projects in the state and strengthening ongoing initiatives with central support. Expressing gratitude for the Modi government’s assistance, Satya Kumar highlighted the state’s commitment to utilising biotechnology for advancements in healthcare and industrial applications.
Shares of infrastructure company Desco Infratech made a positive debut on the BSE SME on Tuesday, April 1, 2025. The stock listed at Rs 160 per share, marking a 6.67 per cent premium over the issue price of Rs 150 per share. The listing performance exceeded grey market expectations, where shares were trading at approximately Rs 155.50 prior to the official market debut. The company's initial public offering (IPO) comprised a fresh issue of 2.05 million equity shares with no offer for sale component, raising a total of Rs 30.75 crore. Before the public issue, Desco Infratech secured Rs 8.65 crore from anchor investors by allocating 0.57 million shares at the upper price band of Rs 150 per share.
Civil construction firm Active Infrastructures made its initial public offering (IPO) debut on the NSE SME platform, with shares listing at Rs 181 per share—precisely matching the issue price. The listing closely aligned with grey market expectations, where pre-listing estimates had suggested a marginal premium of Rs 1 or 0.55 percent over the issue price. The public offering consisted of a fresh issue of 4.30 million equity shares, aggregating to Rs 77.83 crore.
“ Ups and downs in life are very important to keep us going, because a straight line even in an ECG means we are not alive. ”
