Page 32 - Sme Ipos

Bumper listing: Stock of this SME debutant doubles against its issue price

Shares of Kalyani Cast-Tech locked in upper circuit at Rs 277.30, zooming nearly 100% from its issue price of Rs 139 on the BSE.

Favourable mkt conditions push 139 SMEs to mobilise Rs 3,540-cr via IPO

Strong participation of family offices as well as high-net-worth individuals (HNIs), adequate market liquidity, and optimistic investor sentiment have amplified interest in small and medium enterprise (SME) IPOs, with 139 such firms garnering Rs 3,540 crore through initial share sales in 2023 so far. This was higher than 109 companies that raised Rs 1,875 crore through initial public offerings (IPOs) in the entire 2022, according to data provided by primedatabase.com. Looking ahead, the fundraising environment for SME IPOs is anticipated to remain favourable, experts said. "The primary determinants include the growth potential of specific sectors, market liquidity levels, investor sentiment, and potential regulatory changes. The robust fundraising momentum is expected to persist, buoyed by the convergence of these influential factors," Abhishek Jain, Head of Research at Arihant Capital Markets Ltd, told PTI. Going by the industry data, a total of 139 IPOs have debuted on the SME ..

World's biggest market for under-$100 million IPOs booms in India

SME IPO boom followed dismal performance of insurer Life Insurance Corporation of India and delivery startup Delhivery, two biggest share sales of 2022. They are down about 33% and 18%, respectively

Utkarsh SFB, NSDL: IPO market revival still some time away, say analysts

Most of these offers are coming right now because their regulatory deadlines, to bring the IPOs, are about to lapse, cautioned analysts

TMS Ep282: Tata's aviation, Q&A with Ashima Goyal, SME IPOs, lock-in period

What does the merger of Vistara and Air India mean for Tatas? What is RBI MPC member Ashima Goyal's take on rate hikes? Should you be wary of SME IPOs? What is lock-in period? Answers here

The bells of Dalal Street welcome nine new SME IPOs today; what are these?

The first nine months of 2022 have already seen 87 SMEs make their IPOs, earning a total of Rs 1,460 crore

Simpolo raises $66 million from Motilal Oswal and India SME-managed fund

Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international

This recently listed SME infra company has zoomed over 200% in one month

In the past one month, Jayant Infratech has zoomed 219 per cent from a July 15 level of Rs 87.90

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

SME IPOs shrug off pandemic, mop-up surges nearly five-fold in 2021

Garner Rs 746 crore from 59 offerings as risk-on sentiment returns

Risk aversion, small-cap slump hit SME IPOs as collections drop 73%

CY18 was the best for SME IPOs, with 141 offerings garnering Rs 2,287 crore

In big jump, SMEs raise Rs 8.25 billion through IPOs in April-June quarter

Average issue size also increased to over Rs 170 million during the period under review from Rs 130 mn in the first quarter of the preceding financial year (2017-18)

Fundraising through SME IPOs hits all-time high, rises Rs 134.2 mn in 2017

The SME platform witnessed 133 offerings, mopping up Rs 16,795 million last year

SMEs garner record Rs 656-cr via IPOs in Apr-Sep FY18

Spurred by investors' interest, as many as 58 small and medium enterprises (SMEs) got listed on capital markets with IPOs worth record Rs 656 crore in April- September 2017 and many are lined up for the coming months. Besides, more than 18 companies have already announced their issue opening dates, merchant banker Pantomath Group Managing Director Mahavir Lunawat said. Companies from various sectors such as finance, media and entertainment, infrastructure, manufacturing, agriculture, food and processing and IT & IT-enabled services made their way to the IPO space during the period under view. The SME capital market has been witnessing participation from a wider class of investors and the trend is expected to continue. According to a data compiled by Pantomath Research, 58 SMEs garnered Rs 656 crore through their respective initial public offers (IPOs) in April-September period of the current fiscal, much higher than Rs 295 crore raised by 32 companies in the year-ago

SMEs raise Rs 514 crore on exchanges this year

Last year, 66 SMEs had raised Rs 540 crore through IPOs

SME IPOs raises Rs 811 crore in FY17

Huge fund-raising can be attributed to reforms and initiatives taken by govt to encourage SME sector