CWD Limited becomes Twelfth company to get listed on BSE Startups Platform

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Mumbai, October 13, 2021: BSE became the first stock exchange to get the approval
from SEBI and launch its Startups platform on 22nd December 2018.

CWD Limited became the 12th company to get listed on the BSE Startup Platform on
October 13, 2021. CWD Limited came out with an initial public offering of 10,00,800
Equity Shares of Rs.10/- Each (“Equity Shares”) For Cash At a Price Of Rs. 180/- Per Equity Share (The “Offer Price”), Aggregating to Rs.18.01 Cr. The company has successfully completed its public issue on October 05, 2021.
CWD Limited is a Maharashtra-based company whose registered office is at Mumbai.
The company is engaged in the business of Information and Communication Technology (ICT) that designs develop, manufactures and sells integrated solutions. Company
developed products are focused on wireless technologies either on short-range radio
technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid-range systems like LORA or long-
range communication systems like 5G LTE, NB-IOT, LTE CAT .
Mumbai based Aryaman Financial Services Limited was the lead manager for CWD
Limited. The 11 companies listed on the BSE Startups Platform have raised Rs. 38.62 crores from the market and total market capitalization of these companies as of October
12, 2021 is 150.57 Crores. BSE is the market leader in this segment with a market
share of 100 percent.

About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the
world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading
exchange group and has played a prominent role in developing the Indian capital
market. BSE is a corporatized and demutualized entity, with a broad shareholder base
that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE
provides an efficient and transparent market for trading in equity, debt instruments,
equity derivatives, currency derivatives, commodity derivatives, interest rate
derivatives, mutual funds, and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India’s Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds & Turmeric.

BSE – INTERNAL

BSE provides a host of other services to capital market participants including risk
management, clearing, settlement, market data services, and education. It has a global
reach with customers around the world and a nationwide presence. BSE’s systems and
processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, a wholly-owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), the associate company of BSE, is one of the two Depositories in India.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986, to meet the claims of
investors against defaulter Members, in accordance with the Guidelines issued by the
Ministry of Finance, Government of India. BSE Investor Protection Fund is responsible
for creating Capital markets-related awareness among the investor community in India.

Media Contact:
Yatin Padia / Rahul Vyas/ Mihir Dani
022 2272 8516 / 2272 8472/ 7738012080
Yatin.padia@bseindia.com/ Rahul.vyas@indiainx.com/ mihir.dani@adfactorspr.com