The market regulator has proposed to at least double the minimum subscription amount for initial public offerings of small and medium enterprises as participation of retail investors in these offers has been rising. The regulator proposed increasing the minimum application size for SME IPOs from ₹1 lakh to ₹2 lakh, according to a consultation paper released by the Securities and …
SME IPO: The line-up for SMEs to launch their initial public offering continues in full swing. And the next hot SME IPO would be Tridhya Tech which will open next week on June 30. Issue size: Tridhya will be offering 62,88,000 equity shares in the IPO having a face value of ₹10 each. Listing date: Post the IPO, Tridhya Tech …
