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Gear up for more SME IPO - Collections witness more than 2 times jump

Small and medium enterprises (SMEs) raised Rs.825 crore through initial public offerings in the first quarter of 2018-19, more than two-fold jump from the preceding financial year.

Last year, around 55 SME companies had tapped the IPO route and got listed on the exchange's platform. This year there are going to be around 100 SME IPOs hitting the market

A total of 47 companies got listed with initial shares-sale offers worth Rs 825 crore during April-June quarter of 2018-19 as compared to 24 firms during the same period in previous year

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