SME IPO Frenzy: Boom or Bubble?

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 Reporter Himadri Buch, Capital Mind’s Deepak Shenoy, and IIM Calcutta Professor Sudhakara Reddy to analyse the drivers behind the SME IPO boom, the emerging risks, and what regulators are watching closely. Tune in! Credits: CNBC TV-18  ET Podcasts now has a new show. 7@7 is your quick, sharp sub 5 minute daily roundup of financial news from India and the world. Tune in to Apple Podcasts, Spotify, Amazon Prime Music, Jio Saavn, Youtube or wherever you get your podcasts from! Check out other interesting episodes from the host like: The Telegram Problem, Why The GST Official is India Inc’s New Boogeyman, Bangladesh Battered, Taxing Times for Infosys, Will OLA Electrify the Markets?, and more! You can follow Anirban Chowdhury on his social media: Twitter and LinkedinCatch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn,  Amazon Music and Youtube.See omnystudio.com/listener for privacy information.