139 SMEs raise Rs 3,540 crore through IPO in 2023 due to positive market conditions and increased liquidity.

Strong participation from family offices and high-net-worth individuals (HNIs), along with favorable market conditions and optimistic investor sentiment, have driven interest in small and medium enterprise (SME) IPOs. According to data from primedatabase.com, 139 SMEs have raised Rs 3,540 crore through initial share sales in 2023, surpassing the 109 companies that raised Rs 1,875 crore…

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