SME IPO crisis: Phytochem Remedies withdraws Rs 38 crore issue due to undersubscription

December 23, 2025

Phytochem Remedies withdrew its Rs 38 crore SME IPO after the issue was undersubscribed at just 62% with only 797 applications. The grey market signalled a flat listing, reflecting weak sentiment toward SME offerings. The high retail investment threshold and volatile markets also weighed on subscription demand.

More To Explore

Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden

Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation

September 21, 2026

Crypto outlook: Why RWA utilization may matter more than issuance, Binance Research explains

Real-world asset tokenization is shifting from issuance toward utility, with RWA AUM reaching $34.18 billion by September 15, 2026. Binance Research highlights rising utilization, as

September 21, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003