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SME IPO: Sebi mulls doubling application size to Rs 2 lakh, floats consultation paper
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Sebi) on Tuesday released a consultation paper and sought public feedback on suggestions made by the stock exchanges and merchant bankers to increase the application size for initial public offerings of small and medium companies.
The above move comes in the wake of growing number of SME issues that has led to significant investor participation.
The applicant to allotted investor ratio increased from 4X in FY 2022 to 46X in FY23 and 245X in FY24, the Sebi paper said.
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