Description
Draft offer documents for two SME companies - Saffron Speciality Papers Limited and UHM Vacation Limited - available for public comments for 21 days.
Summary
BSE has made available draft offer documents for two SME companies - Saffron Speciality Papers Limited and UHM Vacation Limited - filed on December 31, 2025. These documents contain all disclosures as specified under Schedule VI of SEBI (ICDR) Regulations, 2018 and will remain available on the stock exchange website for at least 21 days for public comments.
Key Points
- Two SME companies have filed draft offer documents: Saffron Speciality Papers Limited and UHM Vacation Limited
- Both documents filed on December 31, 2025
- Documents comply with Schedule VI of SEBI (ICDR) Regulations, 2018
- Public comments invited within 21 days from notice date
- Draft documents available on BSE SME website
- Comments to be submitted to equity.ipo@bseindia.com
Regulatory Changes
No regulatory changes announced. This is a standard disclosure process as per existing SEBI (ICDR) Regulations, 2018 requirements for SME IPOs.
Compliance Requirements
- Public and stakeholders may review the draft offer documents and submit comments within 21 days from January 1, 2026
- Comments should be sent to equity.ipo@bseindia.com
- Draft documents can be accessed at www.bsesme.com/PublicIssues/SMEIPODRHP.aspx
Important Dates
- Filing Date: December 31, 2025 (both companies)
- Notice Date: January 1, 2026
- Comment Period: 21 days from January 1, 2026 (until January 22, 2026)
- Document Availability: Minimum 21 days on BSE website
Impact Assessment
Market Impact: Minimal. This is a routine procedural notice for SME IPO filings. The companies are currently unlisted and will only impact the SME segment once listed.
Investor Impact: Low. Provides transparency and opportunity for public feedback on proposed SME IPOs before final approval. Relevant only to potential investors interested in these specific SME offerings.
Operational Impact: Standard disclosure process with no operational changes to existing market participants or listed entities.
Impact Justification
Routine disclosure of draft offer documents for SME IPOs seeking public feedback; affects only two unlisted SME companies planning IPOs