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

Interarch Building Products IPO booked 2.21 times on Day 01; retail, NII portion fully subscribed

Interarch Building Products IPO booked 2.21 times on Day 01; retail, NII portion fully subscribed

The initial public offering (IPO) of Interarch Building Products has seen robust demand from both retail and non-institutional investors on its first day of bidding. The IPO, which opened today and is set to close on Wednesday, August 21, was fully subscribed just hours after the bidding began. By 3:30 p.m., the IPO had received … Read more