In the current calendar year, small and medium enterprises (SMEs) have witnessed an impressive surge in initial public offerings (IPOs), surpassing the 2018 record.
Over 150 SME IPOs have been introduced to the market, breaking the previous record of 141 set in 2018.
According to data from PRIME Database, a primary market tracking firm, 147 companies successfully concluded their debut share sales by the end of October, raising a cumulative Rs 3,727 crore.
After a subdued beginning to 2023, the IPO market has seen heightened activity in the past couple of months. Considering the strong pipeline, there’s hope this may continue for some time yet
IPO frenzy helps firms raise almost ₹12,000 cr in September thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
New-age tech tools and mystery shoppers are helping the country s top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips.
In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. We saw a rise of dabba trading or illegal trading platforms after the pandemic.