“So, some will burn their fingers and some, based on the awareness exercise, will become aware and start investing in more high-quality names rather than investing in any other second IPO which is coming,” says Neeraj Dewan, Market Expert. Let us get a comment from you also going on this SME hullabaloo. Some are calling … Read more
Ashvin Parekh, Managing Partner, Ashvin Parekh Advisory Services, says we will have to get to a point where the regulator, merchant bankers, and the issuers themselves to start with, and thereafter, the media, social media particularly, will have to play a significant place. Otherwise, what was intended to be a good reform because of the … Read more
The SME IPO index, which hit the 1 lakh mark recently, was one of the few indices trading lower in the market on Thursday, where Nifty hit a fresh record high. The pessimism in the SME market comes after Sebi issued a warning to investors against blindly investing in SME stocks, where promoters of some … Read more
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
Despite the excitement surrounding the Sensex potentially reaching the 100,000 mark within the next one to two years, the BSE SME IPO index has already achieved this milestone. This remarkable feat is driven by a surge of small companies entering the public markets, fueled by growing investor appetite. The SME IPO market has grown exponentially … Read more
As the fourth quarter earnings are about to end, inflows into the primary market are expected to continue as several companies prepare to launch their public offerings this week. In the SME segment, Aimtron Electronics, Beacon Trusteeship, Vilas Transcore, Ztech India, and TBI Corn will debut this week. Meanwhile, the mainboard IPO, Awfis Space Solutions … Read more
Buoyed by positive investor sentiment and listing gains, more companies have shown their appetite to raise funds through the primary market in FY24 compared to the previous year. About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized … Read more
Despite an air of uncertainty around SME companies post the Sebi chief’s warning of price manipulation in some pockets, the IPOs in the segment seem not to be affected. Last week, Sebi Chair Madhabi Puri Buch raised concerns over signs of price manipulation in SME IPOs and said the regulator is now looking to mandate … Read more
The primary market takes a breather in the mainboard segment with no new issues opening next week, while the SME segment keeps ticking as 2 companies set to launch their public offers. In the last week, two mainboard IPOs of Popular Vehicles and Services and Krystal Integrated Services opened for subscription with an aim to … Read more
Divi’s Laboratories. Share Price 3863.50 03:59 PM | 26 Dec 2023 168.56(4.56%) Hero MotoCorp. Share Price 4067.45 03:55 PM | 26 Dec 2023 131.75(3.34%) NTPC. Share Price 309.60 03:59 PM | 26 Dec 2023 6.81(2.24%) Adani Enterprises. Share Price 2865.45 03:59 PM | 26 Dec 2023 57.10(2.03%) Mahindra & Mahindra. Share Price 1662.25 03:59 PM … Read more
