Money raised by SMEs via IPO route jumped 130% to Rs 2,229 crore in FY23
SME collected this amount through 125 issues during FY 2022-23 versus Rs 965 crore collected from 70 IPOs in 2021-22. The largest SME IPO was of Rachana Infrastructure (Rs 72 crore), according to primedatabase.com – a database on the primary capital markets.
