Description

Draft Offer Documents filed by two SME companies seeking public comments within 21 days from the notice date.

Summary

BSE has made available the Draft Offer Documents of two SME companies - Saffron Speciality Papers Limited and UHM Vacation Limited - on its website for public comments. Both documents were filed on December 31, 2025, and contain all disclosures as specified under Schedule VI of SEBI (ICDR) Regulations, 2018. The documents will remain available for at least 21 days for public feedback.

Key Points

  • Two SME companies have filed Draft Offer Documents: Saffron Speciality Papers Limited and UHM Vacation Limited
  • Both filings dated December 31, 2025
  • Documents comply with Schedule VI of SEBI (ICDR) Regulations, 2018
  • Draft documents available on BSE SME website for minimum 21 days
  • Public comments solicited within 21 days from notice date
  • Comments to be submitted via email to equity.ipo@bseindia.com

Regulatory Changes

No regulatory changes announced. This is a standard procedural notice for SME IPO draft document submissions.

Compliance Requirements

Important Dates

  • Filing Date: December 31, 2025 (for both companies)
  • Notice Date: January 1, 2026
  • Comment Deadline: January 22, 2026 (21 days from notice date)
  • Document Availability: Minimum 21 days from January 1, 2026

Impact Assessment

This is a routine informational notice regarding SME IPO filings with minimal market impact. The circular serves to inform stakeholders about upcoming SME offerings and provides an opportunity for public feedback on the draft documents. No immediate action is required from existing market participants. The impact is limited to potential investors interested in these specific SME IPOs and the regulatory review process.

Impact Justification

Informational notice about draft IPO documents for SME companies seeking public feedback; no immediate market impact or compliance action required from existing market participants