Craze for SME IPOs: Investors throw caution to the wind
The New Indian Express|August 28, 2024
EVEN as the initial public offer (IPO) of Resourceful Automobile Ltd on the SME platform of the BSE justifiably received attention for receiving nearly ₹5,000 crore bids for 12 crore issue, it is not a case in isolation.
DIPAK MONDAL
Craze for SME IPOs: Investors throw caution to the wind

Of more than 160-odd IPOS on the SME platforms of the NSE and the BSE in 2024, 109 of them have received bids 100 times the shares on sale. In a couple of cases, the bids crossed 1,000 times the shares on sale.

This story is from the August 28, 2024 edition of The New Indian Express.

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This story is from the August 28, 2024 edition of The New Indian Express.

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