The SME IPO market in India is slowing down due to stricter regulations. Subscriptions and listing gains have declined. The new norms aim to enhance market stability by ensuring only financially strong companies get listed. This shift follows concerns about price manipulation and inflated valuations, aiming to improve the quality of listed companies.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,