What is the stock exchange? In simple words, stock exchange refers to an organized market in which securities are bought and sold. If we go into the detailed description, the prices at which these securities are bought and sold are regulated by the forces of demand and supply.
The stock exchange basically is an investment intermediary for corporations, governments, municipalities, and other incorporated bodies where they can raise capital by channeling savings of the investors in various productive ventures. The other purpose served by the stock exchange is that the investors can sell their securities to other investors for cash.
These exchanges impose various rules and regulations on the firms and brokers that are involved with them. If a particular company is traded on an exchange, it is referred to as “listed”. A stock exchange facilitates economic development as well as the industrial development of the country.
Here we have the list of online startups that have been listed under stock exchange:
1) Koovs
– The online fashion retailer Koovs was listed on the London Stock Exchange AIM on 10th March 2014.
– The company raised 22 million pounds (around $37 million) at IPO, which valued the business at 36 million pounds ($60 million).
Koovs is an online marketplace that offers a range of trending fashion and lifestyle-related products to the customers. Started in 2010, the company has its headquarters in Gurugram with the office in London. Koovs has been able to constantly grow at a faster rate. The marketing strategies adopted have been able to build traffic and increase the volume of sales.
The future of the online retailer seems very bright as the company is as the company has created a huge buzz in the people of India has become one of the most trending online shopping destinations.
2) Infibeam
– The Indian e-commerce company Infibeam was listed on the Bombay Stock Exchange (BSE) on 4th April 2016.
– Infibeam was India’s first e-commerce company to file an IPO which was in July 2015.
– After being listed, the market capitalization of the company stood over Rs 7,800 crore.
The primary purpose of the company against filing the IPO was to set up a cloud data center and purchase property for shifting the registered and corporate offices. The company also planned to set up 75 logistics centers and purchase the software. It is expected that the profit margins of the company will surely expand further.
Despite this, those watching the stock must know an expanding margin has different impacts on profit and return depending on the underlying situation, which reinforces the importance of deeper research.
3) Yatra
– Travel company Yatra was listed on NASDAQ under the ticker symbol “YTRA” on 19th December 2016.
– After being listed on the stock exchange, the valuation of the company reached $218 million.
Yatra is India’s leading online travel company which was established in 2006. From air tickets to hotel rooms to holiday packages to buses to car rentals, yatra.com has everything for its customers. It provides reservation facility for more than 50,176 hotels in India and over 500,000 hotels around the world.
The marketing strategy of Yatra is very strong which has helped the company to grow stronger and increase the customer base. It seems that if the company continues with such marketing activities and other possible strategies, it would do wonders.
4) JustDial
– Online and telephone business listings company, JustDial was listed on the National Stock Exchange (NSE) on 5th June 2013.
– On March 20, 2012, Justdial had obtained approval from Securities and Exchange Board of India (SEBI).
JustDial is a local search engine company. The Company is engaged in providing search and related services and also in other information service activities. The Company offers its services across various platforms, such as voice, web, mobile Internet and mobile applications.
The company caters to the needs of the normal public and helps them search for various things and make use of its services. The need for such services in the technology world is growing day by day and thus it seems that JustDial has a bright future in the tech world.
5) IndiaMart and SaleBhai
Indian e-commerce company IndiaMart has confirmed that it is going to issue an initial public offering (IPO) very soon. The company had filed its draft papers recently to SEBI (Securities and Exchange Board of India) and has been listed under the BSE SME platform from today.
On the other hand, B2C e-commerce company SaleBhai Internet Limited had also received BSE approval for its Initial Public Offering (IPO) on SME Platform of BSE, and thus it has been listed under the stock exchange from today itself.