Sebi Proposes ₹1,000 Crore Market Cap Threshold for SME IPOs
Sebi has proposed setting a ₹1,000 crore market capitalization threshold for SME IPOs. It also suggests raising the minimum average operating profit requirement to ₹3 crore annually over the preceding three financial years, up from the current ₹1 crore in at least two of the previous three years. Additionally, Sebi plans to ease exit rules for investors.
Mint·

