SMB IPOs are outliers this year despite strong market sell-off
Initial public offerings (IPOs) from small and medium-sized enterprises (SMEs) have held up better than those on the main board this year in terms of post-listing performance. Example: Share prices of 47 companies that listed on SME stock exchanges this year rose by 32% on average. Nearly 60% of them are currently trading above their issue price.
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First published: Monday, July 18, 2022. 06:03 IST