Last year, as investors favored big companies that were seen as more resilient amid Covid; Calendar 2018 was the best year for IPOs for SMEs, with 141 offerings raising Rs 2,287 crore.

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Small and medium businesses | NSI | IPOs

Public equity sales groups to small and medium-sized enterprises (SMEs) have rebounded this year after experiencing a lull in the 20th century in the wake of the pandemic. SMEs collected Rs 501 crore from 43 bids this year, more than 3 times collected last year from 27 bids.

According to experts, the number of issuances fell last year as investors preferred larger companies that were seen as more resilient amid the pandemic rather than risk their capital with smaller names. Calendar 2018 was the best year for IPOs for SMEs, with 141 bids…

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First published: Friday, October 15, 2021. 15:31 IST

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