THE PAST COUPLE of years have seen many public issues of SMEs (small and medium-sized enterprises) generating a lot of buzz due to their overwhelming oversubscription and listing gains, and the recent past has been no different. But one significant distinction emerged last month. Cybersecurity firm TAC Infosec saw marquee names such as Bank of America Securities and UBS buying shares of the company from the secondary market within a week after its stellar debut on the bourses—an unprecedented occurrence for the SME segment in recent times.
This story is from the May 12, 2024 edition of Business Today India.
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This story is from the May 12, 2024 edition of Business Today India.
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