SMALL IS NOT ALWAYS BEAUTIFUL
Business Today India|November 12, 2023
THE SME SEGMENT WAS LAUNCHED OVER A DECADE AGO TO PROVIDE SMALLER FIRMS EASY ENTRY TO THE LISTED SPACE. WHILE IT HAS BROUGHT MORE THAN 850 SMEs TO THE STOCK EXCHANGES, CERTAIN PRACTICES HAVE PUT IT UNDER THE REGULATOR'S LENS AND TIGHTER REGULATIONS ARE IN THE MAKING
ASHISH RUKHAIYAR
SMALL IS NOT ALWAYS BEAUTIFUL

FACTS ARE STUBBORN things, but statistics are pliable,” said Mark Twain, the famous writer. The old adage holds a lot of relevance even today; but sometimes startling statistics could also be undisputable facts. How so? Take for instance the world of initial public offerings (IPOs)—especially those from the small and medium enterprises (SME) arena.

Back in 2012, BSE and the National Stock Exchange (NSE)—the two national-level bourses—launched dedicated platforms to get SMEs into the listed space. And it has been a resounding success. More than 850 SMEs have listed so far on the exchanges, with many more in the pipeline. And 2023 has set a new record in terms of the total funds mobilised by way of SME IPOs, with nearly ₹3,500 crore being raised by 135 SMEs.

But while that is true, another set of startling statistics—that are also facts—has drawn the attention of many, including capital markets regulator Securities and Exchange Board of India (Sebi), stock exchanges and other market participants.

Denne historien er fra November 12, 2023-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 12, 2023-utgaven av Business Today India.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS TODAY INDIASe alt
"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"
Business Today India

"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"

Thomas Matthew, former IAS officer, on his new biography of Ratan Tata, the late Chairman Emeritus of Tata Sons

time-read
3 mins  |
December 22, 2024
REDEFINING AMBITION
Business Today India

REDEFINING AMBITION

Shashikant Ruia was a visionary entrepreneur who navigated challenges with resilience. He leaves behind a rich legacy of ambition and leadership

time-read
3 mins  |
December 22, 2024
ON THE WILD SIDE
Business Today India

ON THE WILD SIDE

LOVE WILDLIFE BUT DON'T WANT TO GIVE UP ON THE FINER THINGS WHILE ON A TRIP TO SPOT ANIMALS? CHECK OUT THESE LUXURIOUS WILDLIFE RESORTS FOR THE HOLIDAY SEASON

time-read
3 mins  |
December 22, 2024
FRESH ON THE STREET
Business Today India

FRESH ON THE STREET

IPOs have come back with a bang in 2024, with a record ₹1.3 lakh crore raised till October. As a result, many newly-listed firms have made it to the BT500 list

time-read
6 mins  |
December 22, 2024
RIDING THE WAVES
Business Today India

RIDING THE WAVES

The shipping industry is on the brink of a transformation. Beyond government support and technological advancements, what are the other driving forces and emerging trends that will define the landscape in 2025?

time-read
6 mins  |
December 22, 2024
In Pursuit of Good Health
Business Today India

In Pursuit of Good Health

The past year has been eventful for the Indian pharma sector, with some companies witnessing growth, and some challenges. The outlook for the sector, however, remains positive

time-read
5 mins  |
December 22, 2024
The Power Rangers
Business Today India

The Power Rangers

India's power demand is set to grow at over 7% CAGR, higher than earlier estimates of 5%, with major companies ramping up investment to keep pace with future requirements

time-read
5 mins  |
December 22, 2024
GROWTH COVER
Business Today India

GROWTH COVER

Public sector insurers have seen remarkable growth this year. But new-age insurance firms are adding vigour to the sector, setting the stage for an exciting future

time-read
5 mins  |
December 22, 2024
Decoding India Inc.'s M-cap Surge
Business Today India

Decoding India Inc.'s M-cap Surge

The past year has been a testament to the resilience and dynamism of India Inc. Despite a positive outlook, there are several challenges that companies may face

time-read
3 mins  |
December 22, 2024
IN TOP GEAR
Business Today India

IN TOP GEAR

R.C. Bhargava-led Maruti Suzuki jumped four places in the 2024 BT500 list thanks to a 32% increase in market capitalisation over last year. With an impending foray into EVs, the company is looking to consolidate its leadership over the passenger cars market

time-read
5 mins  |
December 22, 2024