The Securities and Exchange Board of India (Sebi) has recently published a consultation paper to review the regulations surrounding Small and Medium Enterprises (SME) Initial Public Offerings (IPOs) and disclosure requirements.

One of the key proposals in the paper is to increase the minimum number of allottees needed for an SME public issue to be considered successful from 50 to 200. This step is part of Sebi"s ongoing efforts to strengthen the regulatory framework for SME IPOs, aiming to promote greater participation and transparency in the market.

Feedback from stakeholders in the financial sector is encouraged to shape these proposed changes, which could have a significant impact on SME fundraising in India.