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Podcast: The Morning Brief
Episode: SME IPO Frenzy: Boom or Bubble?
Description: India's SME IPO market is on a tear, with companies like Amic Forging, Bondada Engineering, and Resourceful Automobiles delivering triple-digit gain multiples and driving a 176% surge in the BSE SME IPO index over the past year. Retail participation is at an all-time high, with applications soaring from 408 in 2019 to over 2.13 lakh per IPO today. But behind the headlines, concerns are growing. Volatility and rapid price swings have sparked debate about whether this is a healthy market or a bubble waiting to burst. In this episode of The Morning Brief, host Anirban Chowdhury is joined by ET Prime...