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SME IPOs are outliers this year despite a sharp sell-off in the market

The stock prices of 47 companies that have listed on SME bourses this year are up 32 per cent on average

Topics
SME IPOs | SME companies | small and medium enterprises SMEs

Sundar Sethuraman  |  Thiruvananthapuram 



SME
SME IPOs seem to be unperturbed by the volatility as 15 SME IPOs have got listed since June.

Initial public offerings (IPOs) by small and medium enterprises (SMEs) have fared better than those on the mainboard this year in terms of post-listing performance. Sample this: The stock prices of 47 companies that have listed on SME bourses this year are up 32 per cent on average. Nearly 60 per cent of these are currently trading above their issue price.

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First Published: Mon, July 18 2022. 06:03 IST

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