Business

World’s biggest market for sub-$100 million IPOs booms in India

World’s biggest market for sub-$100 million IPOs booms in India

India’s SME IPOs boom as investors seek higher returns from small firms. Retail investors are bidding more than 100x for some IPOs, despite lax disclosure rules and poor liquidity. The SME IPO index is outperforming the Nifty 50, as earnings and the economy g…
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