You are here: Home » Markets » News
Business Standard

Covid-19 pandemic and risk-aversion halt SME juggernaut in FY21

Only 12 of 25 firms to go for listing are in the green

Topics
SME companies | MSME sector | Lockdown

Ashley Coutinho  |  Mumbai 

IPO, investors, investment, funding, companies, market
Rangoli Tradecomm and Pavna Industries were the biggest offers in FY21, with an issue size of Rs 42.8 crore and Rs 28.1 crore, respectively | Illustration by Binay Sinha

The pandemic and the resultant risk aversion among investors for lesser-known names seem to have put the brakes on initial public offerings (IPO) of small and medium enterprises (SME) this financial year.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sat, March 27 2021. 01:08 IST
RECOMMENDED FOR YOU
.