Strictness on SME IPO: SEBI's new proposals will increase challenges for small companies

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Of the 199 SME companies listed so far this year, 22 had issue sizes of less than Rs 10 crore. According to the market regulator's recent consultation paper, it does not plan to approve an issue of this size. On Tuesday, the regulator banned SME IPOs and corporate operations of listed SMEs (…).

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