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corporate actions · intermediate

SME IPO

An SME IPO is a public listing on the SME platforms of NSE or BSE designed for smaller companies.

SME IPOs follow distinct eligibility, merchant banker, and market-making related norms.

Liquidity after listing can be thinner than on the mainboard.

Migration from SME to mainboard is possible once exchange criteria are met.

Price discovery in SME IPOs can be sharp because of limited float and retail interest.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.