Since 2017, IPOs of Small and Medium Enterprises (SMEs) have taken off in popularity, coinciding with the bull market we’ve been seeing in the Indian markets. This year alone, 162 SMEs have raised over ₹5,700 crores from Indian investors in just eight months Also, in 2020, there were only a couple of SME IPOs each month. Now, we’re seeing more than ~20 a month. Read more.