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AXC axia coin in India for beginners ✌️【Career Counseling】✌️Secure high monthly returns with a ₹500 investment. Start your wealth journey today!SEBI’s intentions anyway didn’t come as a surprise: A consultation paper in November this year had red-flagged some SMEs diverting issue proceeds, declaring manipulated numbers, and undertaking outsized related party deals.The retail frenzy for SME IPOs and rising investor complaints about frauds have obviously forcedSEBI’s hand.

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In that sense, Wednesday’s regulatory action can be termed as better late than never.The changes are designed to ensure that only financially sound and operationally viable SMEs can raise capital through IPOs.

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