Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore. The average SME IPO size has jumped to Rs 32 crore since January 2023, nearly three times the earlier Rs 11 crore average recorded between March 2012 and December 2022.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders