This whitepaper explores the underrepresentation of Micro, Small, and Medium Enterprises (MSMEs) from Eastern India in SME IPO markets. It examines the structural and institutional challenges MSMEs face in accessing capital through public markets and highlights regional disparities, sectoral trends, and policy gaps. The report also offers actionable recommendations to enhance market inclusion and support MSME-led growth in the region.
The whitepaper was launched at the India Capital Markets Conclave Eastern Region, held on 17 July 2025 in Kolkata.