Why 2022 is likely to be a watershed year for SME IPOs

Nearly a decade after the BSE and the NSE set up dedicated platforms for the listing of India’s Small and Medium Enterprises (SMEs), the number of SMEs actually listing via IPOs has increased rapidly in the last year or so, propelled no doubt by stock markets and the mainstream IPO boom after the first wave of the pandemic.

In fact, the number of SME IPOs from September 2020 to September 2021 stood at 40, not far behind the number of mainstream IPOs at 51.