Base rate
Risk & psychologyAlso called: Base rates
How often something happens across all comparable cases.
In plain terms
Dull and far more predictive than the vivid story in front of you.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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SME platform
Market basicsThe separate exchange segments for small and medium enterprises, with lighter vetting, far higher minimum lot sizes and much thinner post-listing liquidity than the main board.
In plain terms
SEBI has repeatedly flagged inflated subscription figures, circular funding of applications and post-listing manipulation here. Good companies do list; the base rate is not favourable.