SME IPOs: Sebi tightens norms for smaller-sized IPOs to safeguard investor interest | Stock Market News
Source: Live Mint Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting…