Basics

Mainboard IPO vs SME IPO

Different platforms, different liquidity, trading-lot and risk characteristics.

4 min read

Mainboard IPOs

Public issues proposed for listing on the mainboard of a recognised stock exchange, subject to applicable eligibility and regulatory requirements.

Public issues proposed for listing on an SME platform. SME securities may have different liquidity, trading-lot and risk characteristics.

Investors should review the relevant exchange requirements and offer documents before applying to either type of issue.

This article is for educational purposes only and is not investment advice. Investments in securities markets are subject to market risks.

How a company offers its shares to public investors, and what the offer document tells you.

Where does the IPO money go? New shares versus existing shareholders selling.

Price band, lot size and minimum application amount — what they mean when you bid.