SME IPO index crashes 18% from 52-week highs; is the 'microcap' party over?
In 2023, 183 firms raised about Rs 5,000 crore via their SME issues, while 2022 saw 109 SME companies raising Rs 1,980 crore.
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In 2023, 183 firms raised about Rs 5,000 crore via their SME issues, while 2022 saw 109 SME companies raising Rs 1,980 crore.
Those who invested in the IPO gained nearly 39% on their investments. The SME issue of WTI Cabs was booked 160 times, driven by strong interest from non-institutional investors. The NII category was subscribed 375 times, followed by retail investors at 108 times.
Those who invested in the IPO gained nearly 39% on their investments. The SME issue of WTI Cabs was booked 160 times, driven by strong interest from non-institutional investors. The NII category was subscribed 375 times, followed by retail investors at 108 times.