CPS Shapers – SME IPO (Dermawear)

I am certainly eager to see this matter resolved. Initially, I didn’t give it much attention as the financial transaction was only couple of lakhs. However, having prior experience with MSMEs in India, I am familiar with the strategic measures they often take in their business practices, lets not discuss that in public forum. It’s important to understand their perspective. In the SME space, many bankers lack the necessary expertise to provide strategic guidance, leading to challenges in navigating the path to an IPO. This stands in contrast to PE-funded companies, where these situations are typically less prevalent but they have other issues like aggressive revenue, operating margins etc