The primary market continues to be one red hot, with five IPOs, three on the mainboard and two in the SME segment, opening for subscription between November 11 and November 14. Together, these offerings aim to raise more than Rs 10,000 crore, spanning sectors from education and clean energy to automotive technology and pharma. Mainboard … Read more
Dalal Street is gearing up for another busy week of public offerings, led by the much-awaited Groww IPO, which will test investor appetite for India’s new-age fintech stocks amid a wave of regulatory and market volatility. Alongside, a handful of smaller SME issues will also hit the market, keeping retail investors engaged. With around Rs … Read more
Steptrade Capital, an investment management entity, has deployed about Rs 177 crore across nearly 63 IPOs in last 24 months and the fund-house’s placements across mainboard and SME issues have delivered an average listing gain of about 35%, underscoring the growing role of home-grown institutional capital in powering India’s IPO pipeline. Of the total deployment, … Read more
The momentum in the SME (Small and Medium Enterprises) IPO space continues in 2025, with companies raising a staggering Rs 6,819 crore by the end of August 2025. According to data from Prime Database, this marks the second-highest year ever in terms of fundraising through SME IPOs, only behind 2024, which saw Rs 8,761 crore … Read more
The BSE SME platform has crossed the milestone of 600 listed companies, marking a steady expansion in India’s small and medium enterprise segment. Since its launch, the platform has helped companies raise Rs 10,652 crore, with their combined market capitalisation touching Rs 1,84,574 crore. Over the years, the platform has demonstrated consistent growth — not … Read more
As the calendar year 2024 comes to a close, the primary market is sustaining the strong momentum seen throughout the year with 4 new IPOs opening for subscription next week. These include two in the mainboard segment from Mamata Machinery and Transrail Lighting. Apart from the new issue openings, the Street will see as many … Read more
The primary market will see its biggest offering till date from Hyundai Motor India next week as the automaker is planning to raise over Rs 27,000 crore through its IPO. Apart from this, two other SME IPOs from Lakshya Powertech and Freshara Agro will also open for subscription next week. Further, the Street will also … Read more
Stock exchanges should learn to say ‘no’ to public listings of small and medium enterprises(SMEs), said a senior Sebi official on Monday. “I was a banker and I was told to say no when required,” Sebi whole-time member Ashwani Bhatia said at an industry event. “Nobody is saying no to SME listings, even when they … 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
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