Sebi has tightened SME IPO rules, enforcing profitability criteria, capping offer-for-sale, increasing promoter lock-in, and limiting fund usage. The move aims to enhance investor protection, curb speculation, and ensure market credibility.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is