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Bloomberg Quint

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Image Credit: Bloomberg Quint

IIT Alumni's SME IPO Put On Hold By BSE After Social Media Complaints

  • BSE has put on hold the bidding for Solar91 Cleantech Ltd.'s SME IPO due to media queries.
  • The company's valuation soared 150% within one month, raising concerns among investors.
  • This is the third SME IPO to come under scrutiny ahead of its listing.
  • BSE's action follows Sebi's approval of tighter regulations for SME IPOs.

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