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Valencia Nutrition Becomes Third Firm To List On BSE Startup

The Karnataka-based Valencia Nutrition raised Rs 7.23 crore in its initial public offering.

Bottles of  fruit juice move along the automated production line. (Photographer: Vincent Mundy/Bloomberg)
Bottles of fruit juice move along the automated production line. (Photographer: Vincent Mundy/Bloomberg)

The BSE on Monday said Valencia Nutrition became the third company to get listed on its startup platform.

The other two companies already listed on the BSE Startups, which was launched in December 2018, are Alphalogic Techsys and Transpact Enterprises, the exchange said in a statement.

Last month, the Karnataka-based Valencia Nutrition came out with an initial public offering for 15,72,000 equity shares to raise Rs 7.23 crore.

"The 3 companies listed on BSE Startups platform have raised Rs 14.76 crore from the market and total market capitalisation of these companies as on January 6, 2020 is 54.64 crore,", the exchange noted.