SME IPO fundraising nearly doubles to Rs 1,281-cr in Apr-Sep
Small and medium enterprises (SMEs) raised Rs 1,281 crore through initial share-sales in April-September period of the current fiscal, registering a nearly two fold jump from the year-ago period.
Funds raised through IPOs were meant for business expansion plans, working capital requirements and other general corporate purposes, according to offer documents. Image Source: Reuters