While large size IPOs are getting improved responses from investors, with some over subscribing two to four times on the main platforms of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), SME IPOs are not lagging behind either. According to the investment bankers, investors’ t…
Tag: Pranav Haldea
Overwhelming response from investors to SME offers in FY17
Mumbai: Fiscal 2016-17 was a bumper year for public offers by small and medium companies. According to data compiled by Prime Database, there were as many as 78 SME IPOs which collected a total of Rs. 807 crore in FY17, as against 50 IPOs raising Rs. 311 crore in FY16. In fact, this is a [&hellip…
SME initial share sales surge in FY17
Mumbai: For small and medium enterprises (SMEs), this is clearly the year of initial share sales. In just the first six months of 2016-17, SMEs have already raised Rs368.15 crore through initial public offers (IPOs), more than in any full financial year, data from primary market tracker Prime Dat…
41 SME IPOs raised Rs 358 cr so far this fiscal
Out of 56 initial public offering (IPOs) in the first half of the current fiscal, 41 IPOs were by Small, Medium Enterprises raising a small amount of Rs 358 crore, a PRIME Database report said. The amount mobilized through initial public offering in the first half of the current fiscal is highest…