Smes Ipo
IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd. Alongside the five main-board IPOs, six SMEs are preparing to float their maiden public issues next week to garner over Rs 150 crore collectively. Together, these 11 companies aim to raise approximately Rs 18,500 crore through public offerings. These IPOs will span various sectors and deal sizes and include fresh issues and offers for sale. The companies are tapping the primary market to provide an exit route to the existing shareholders, raise funds for expansion plans, retire debt and support working capital requirements. Trivesh D, CO
 "IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr")
Domino's, Subway supplier Chatha Foods' SME IPO opens today: Check details
Of the total net proceeds, the company aims to use Rs 24.11 crore for setting up a manufacturing facility in Mohali and the remaining amount for general corporate purposes
 "Domino's, Subway supplier Chatha Foods' SME IPO opens today: Check details")
Fundraising through SME IPOs hits record high; 181 firms raised Rs 4,643 cr
While there were no mainboard IPOs in the first two months of this year, the SME exchanges saw 21 issues during the same period
 "Fundraising through SME IPOs hits record high; 181 firms raised Rs 4,643 cr")
Should you be wary of the SME IPO frenzy?
Despite weakness in the secondary markets, many IPOs of SMEs have delivered premium returns recently. Should investors exercise caution before jumping on the bandwagon? We decode in this report
 "Should you be wary of the SME IPO frenzy?")
Market flush with IPO but small firms struggled to raise capital in 2020
Number of SME issues dropped from 51 in 2019 to 27; amount raised by small companies fell 74.5% to Rs 159.1 crore
 "Market flush with IPO but small firms struggled to raise capital in 2020")
50 SMEs raise Rs 600 cr in Jan-Jun period, issue size doubles year-on-year
The SME capital market has been witnessing participation from wider class of investors
 "50 SMEs raise Rs 600 cr in Jan-Jun period, issue size doubles year-on-year")
