Here’s a hint: There is a lot of money chasing these stocks, but the excesses are creating a scenario where if something goes wrong investors could take a massive hit
Between September 2013 and September 2021, the BSE IPO index and the BSE SME IPO index largely mirrored each other. But since then, the latter has broken away
The popularity of SME stocks is rising, and with that the scrutiny of the market regulator as well. The BSE SME IPO index has seen a 2300% increase since the end of 2019, with average returns of over 80% for SME IPOs listed in 2023. How could this avoid SEBI s attention! So, is it a case of manipulation? Or do good things really come in small packages? Host Anupriya Nair explores the market mania with ET Market s Nikhil Aggarwal and Kiran Somvanshi as the latest episode of The Morning Brief podcast deep dives into the SME listing and returns in a tell-all conversation with SME Merchant Banker Ashok Holani, Director at Holani Consultants. Listen in!