This chapter delves into the process of raising capital through SME IPOs, citing simplified rules introduced by stock exchanges like NSC and BSC. It explores the growing trend of SME IPOs, backed by statistics on companies and funds raised, while also examining the risks through the case study of Varanium Cloud's financial discrepancies.
In today’s episode for 14th May 2024, we tell you how Varanium Cloud, a small digital services company disguised its business model and financials to make big bucks through its SME IPO.