A picture containing icon Description automatically generated.
SME. IPO. Small & Medium Enterprise. Initial Public Offering.
1. Appointment of Merchant Banker. Appointment of Merchant Bankers (Category I) registered with SEBI to act as Lead Manger to the Issue and Underwriters..
Match up authorised share capital to eligibility criteria.
DUE DILIGENCE Site Visit Understanding the business model of the issuer Companies ROC Search Statutory government licenses.
Drafting of IPO Offer Document for SME IPO in accordance with the provisions of:-.
Depositories, Registrar to Issue, Market Makers , Bankers to Issue, Printers, Advertising Agency.
After filling Draft Prospectus. Stock Exchange Observations.
Stock Exchange Post Approval. Final Prospectus. 6. Approval from Exchange and RoC.
7. Issue Pricing. 8. The Opening of Public Issue.
IS YOUR SME ELIGIBLE?. MINIMUM OF 25% PUBLIC SHAREHOLDING.
3 CRORES MINIMUM POST PAID UP CAPITAL 10 CRORES. SME.
DISTRIBUTABLE PROFIT. 2/3 IMMEDIATE PRECEDING YEARS.
UNDERWRITING. 100%. SME. MAIN BOARD. 15%ON THE MB’s OWN ACCOUNT.
MARKET MAKING. UNDERATKING BY MB FOR AT LEAST 3 YEARS.
TIMELINE. 3-4 MONTHS. SME. 8-10 MONTHS. MAIN BOARD.
NOT NEEDED. NEEDED FOR DRHP. SME. SEBI APPROVAL. MAIN BOARD.
1 LAKH. MINIMUM SUBSCRIPTION. SME. 5-7 THOUSAND. MAIN BOARD.
REPORTING. HALF YEARLY. SME. QUARTERLY. MAIN BOARD.