The SME IPO market remains active, with three SME issues opening for subscription today. Ashutosh Fibre and Shanti Inorganics are among the issues attracting investor attention, with both expected to remain open until September 2.
Strong grey-market indications for some SME issues have again increased interest among retail investors. However, investors should pay particular attention to liquidity, valuation, profitability and post-listing volatility in SME stocks.
The latest IPO activity highlights how the primary market continues to provide fundraising opportunities even while the broader equity market remains volatile.
