If you invested $10,000 in a company that issued 3,000,000 shares at $0.30 per
Key Highlights :
Multibagger SME IPO was launched at ₹100 to ₹102 per equity share in April 2021. This was a significant departure from the prevailing market conditions of the time. The IPO was oversubscribed by more than 2.5 times and the company was able to list on the BSE and NSE exchanges. The company has since reported strong performance, with net profit increasing by over 180% and market capitalisation reaching ₹2,000 crore.The company's growth has been underpinned by its diversified product offering and its focus on small and medium enterprises. The company has also been able to expand its operations into new geographies and sectors.The Multibagger IPO is an excellent example of how a small and medium enterprise can successfully list on the stock exchanges and benefit from the growth opportunities available in the market.