If you follow the stock market, you’ve probably heard the buzz: SME IPOs. Stories of small, unknown companies listing on the stock exchange and their prices doubling, or even tripling, on the very first day are everywhere. It feels like a modern-day gold rush where anyone with a demat account can strike it rich. But is it really that simple? A recent in-depth study from the Reserve Bank of India (RBI) helps us look behind the curtain of this frenzy. Let's break down what’s ha