Why you should approach the SME IPO market with extreme caution

Why you should approach the SME IPO market with extreme caution

According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are heavily oversubscribed, driven … Read more

IPOs next week: Ola Electric and Akums Drug to hit Dalal Street; two listings expected, check full list here

IPOs next week: Ola Electric and Akums Drug to hit Dalal Street; two listings expected, check full list here

Indian stock market after the Union Budget 2024 announcement is set to witness the launch of two new initial public offerings (IPOs) and the listing of two companies in the coming week. Dalal Street is expected to witness the issue of the two pharmaceutical sector IPOs, one EV maker IPO, and one SME IT company … Read more