234 companies have raised funds from Indian markets so far in 2023, with a significant portion of 176 companies falling within the SME category. In comparison, CY22 witnessed 103 SMEs entering the market; the number was 52 in 2021, 31 in 2020, and 31 in 2019.
Six SME companies are set to raise funds in the last week of 2023, and the stocks of 10 companies are set to list on the exchanges. Analysts anticipate that a few of these companies might experience a robust opening, fueled by the substantial interest they garnered during the subscription phase.