Small businesses raised Rs 1,460 crore this year, earned money through IPO

In the first nine months of this year, 87 different small and medium enterprises (SMEs) have raised Rs 1,460 crore through initial public offerings (IPOs). The strong performance of these IPOs has also raised investor interest.

In the first nine months of this year, 87 different small and medium enterprises (SMEs) have raised Rs 1,460 crore through initial public offerings (IPOs).

In the first nine months of this year, 87 different small and medium enterprises (SMEs) have raised Rs 1,460 crore through initial public offerings (IPOs). The strong performance of these IPOs has also raised investor interest. Data from the SME industry shows that this amount is much higher than the IPOs of 56 companies that raised Rs 783 crore through share sales in 2021.

Market decline has no effect on small industries: Experts

Uday Nair, Director, FedEx Securities, said technology-based platforms and large brokerages can play a key role in the growth of the SME platform. Prateek Jain, Director, Hem Securities said that the SME sector has been neutralized by the market downturn and investors are looking forward to the upcoming IPO. He told that many companies have submitted documents for listing on BSE’s SME and NSE Emerge forums, while many are preparing it.

It has been told in the data that during January-September 2022, a total of 87 IPOs have been brought on the SME platform, from which Rs 1,460 crore has been raised. These companies are from IT, auto parts, asthma, infrastructure and tourism and jewelery sectors. In September, 29 SMEs have started in the primary market. Gaurav Jain, Director, Hem Securities, said that despite being small in size, these IPOs are getting good response from investors.

Let us tell you that there was a time when investing in IPO was a guarantee of profit. High listing of the issue had become very common and investors were treating it as a cool return if a listing was expected to rise by 10-15 per cent. However, the situation has completely changed now. According to a report by ET, investors are now failing even to withdraw their original investment in the big IPOs that came in the last two years. In the report, such an issue has been considered as a big issue whose size was more than Rs 1000 crore.

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