In its consultation paper, Sebi proposed to increase the application size from Rs 1 lakh per application to Rs 2 lakh per application in SME IPOs to ensure that only informed investors with sufficient risk appetite and investment capacity can apply.
The markets watchdog also invited public opinions on whether the minimum application amount should be increased further to Rs 4 lakh. This move follows a rise in SME issues, which has driven significant investor participation. The applicant-to-allotted investor ratio surged from 4 times in FY22 to 46 times in FY23 and further to 245 times in FY24.
"The retail individual participation has increased in the SME IPO over the last few years. Therefore, considering that SME IPOs tend to have higher element of risks and investors getting stuck if sentiments change post listing, in order to protect the interest of smaller retail investors, It is proposed to increase the application size from Rs 1 lakh per application to Rs 2 lakh per application in SME IPO," Sebi said.
Denne historien er fra New Delhi 20November2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra New Delhi 20November2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Shraddha never signs films BACK-TO-BACK
Shraddha Kapoor was last seen in Amar Kaushik's 'Stree 2' alongside Rajkummar Rao and the movie became one of the highest-grossing Hindi films of 2024.
French Patisserie COMPETITION ends with a bang!
The competition concluded with a grand award ceremony
Future of GLOBAL CINEMA: Insights from legendary filmmakers at IFFI 2024
The panel delved into the evolving landscape of cinema
The gossips weren't cross-checked
Neelam shared that while she misses the simplicity and innocence of the past, she acknowledged the dual nature of social media today
'Sunflowers Were the First Ones to Know' shines at IFFI
The acclaimed short film draws inspiration from Indian folklore and his own childhood experiences
MOHUN BAGAN aim for top spot against Jamshedpur FC
KOLKATA: Mohun Bagan will look to continue their winning run and climb to the top of the table when they face Jamshedpur FC in an Indian Super League clash here on Saturday.
Cricket Australia to honour late Hughes
Cricket Australia has planned a series of initiatives to mark the 10th anniversary of the tragic death of Phillip Hughes including a tribute before the start of the second Test between India and Australia at the Adelaide Oval scheduled from December 6-10.
At least 3K youth to gather at Bharat Mandapam
Aligned with Prime Minister Narendra Modi's vision for greater youth involvement in shaping India's future, the Youth Affairs Ministry has reimagined the National Youth Festival into the Viksit Bharat Young Leaders Dialogue.
Satwik-Chirag enter semis, Lakshya bows out in China Masters
SHENZHEN (CHINA): Indian men's doubles pair of Satwik-sairaj Rankireddy and Chirag Shetty produced a solid show to outwit second seeds Kim Astrup and Anders Skaarup Rasmussen of Denmark to progress to the semifinals of the China Masters Super 750 badminton tournament here on Friday.
Messi praises Flick's young guns as Barcelona visits Celta without Yamal
Hansi Flick has Barcelona clicking again, and the best player in the club's history has taken notice.
