The process by which small and medium-sized enterprises (SMEs) raise money from the public is known as SME IPO.
Companies with a minimum post-issue capital of Rs 1 crore and a maximum of Rs 25 crore are eligible for SME IPO in India. BSE SME and the NSE Emerge platforms enable SMEs to raise money and get listed on the stock exchange through SME IPO.
Unlike main board IPOs, SME IPOs are small. They are governed by different rules set by regulators and exchanges.
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