SME IPOs: SME IPOs spark a gold rush as investors eye big bounties

SME IPOs: SME IPOs spark a gold rush as investors eye big bounties

ET Intelligence Group : For those amazed at the overwhelming 400-times oversubscription of the ₹12-crore SME IPO of Resourceful Automobile, a two-wheeler dealer with just two Yamaha showrooms and eight employees, such oversubscription is no longer considered an exception in the Indian primary market. Data sourced from Prime Database show that 152 SME IPOs have … Read more