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.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India