Unleash the Power of IPOs for Small & Medium Enterprises – Elevate Your Business, Expand Your Horizon!
Welcome to Sagittron, where unparalleled possibilities converge with entrepreneurial aspirations. In the dynamic landscape of business, we are dedicated to illuminating the transformative journey that IPOs bring to Small and Medium Enterprises (SMEs) like yours. Delve into a realm of unprecedented growth, financial fortitude, and strategic expansion as we unravel the myriad benefits that an Initial Public Offering (IPO) can bestow upon your enterprise.
Benefits of SME IPO
- Easier to list: Minimum allottees required: 50 only. Lower cost, time, and effort to get listed.
- 100% underwriting: 100% underwriting of the issue will ensure that the issue is fully subscribed.
- Alternate valuation: Potential based valuations could be offered by Informed investors rather than benchmarking with matured large Corporates on the main board.
- Migration to main board on seasoning: Getting listed on SME Platform will allow companies to grow to serious size, conserve value and migrate to main board with more broad-based IPOs.
Our Expertise
- IPO Readiness Assessment
- IPO Preparedness
- Due Diligence
- Valuation
- Secretarial Compliance Support
- Restatements & Certification
- Liaison with Merchant Banker, Underwriter & Market Maker
- Post IPO Compliance Support
FAQ
| Criteria | BSE Requirements | NSE Requirements |
|---|---|---|
| Incorporation | Companies Act 2013 or 1956 Act | Companies Act 2013 or 1956 Act |
| Post-Issue Paid up Capital (Face Value) | Minimum – Rs. 3 crore Maximum – Rs. 25 crore | Minimum – Rs. 3 crore Maximum – Rs. 25 crore |
| Net Worth | At least Rs. 1 crore for 2 preceding full financial years. | No Requirement – (Operating profit 2 out of 3 years) |
| Net Tangible Asset | Rs 3 crores in last preceding (full) financial year. | No Requirement |
| Other Listing Conditions | Website, Demat trading, shall not have been referred to BIFR and shall not have a winding up petition. The application of the applicant company should not have been rejected by the Exchange in last 6 complete months. | Shall not have been referred to BIFR and shall not have a winding up petition and no disciplinary action faced for 3 years. The application of the applicant company should not have been rejected by the Exchange in last 6 complete months. |
Planning
Creation of the IPO Management Team consisting of Merchant Bankers, Underwriters, Legal Advisors, and IPO Consultants.Preparation
IPO Readiness Assessment & Preparedness > Compliance Monitoring > Restatements & certification > Valuation > Documentation > Due Diligence > Application to Exchange.Application procedure
Submission of DRHP/Draft Prospectus > Stock Exchange In Principle Approval > Filing of RHP/Prospectus > ROC Approval and Intimation to Stock Exchange on Issue Date.Public Offering
The IPO opens and closes as per schedule. After the closure of IPO, the Company submits the documents as per the checklist to the Exchange for finalization of the basis of allotment.Post Listing
Stock Exchange finalizes the basis of allotment and issues the Notice regarding Listing and Trading.Request for a proposal
Listing, in India or overseas, requires planning at every stage. For expert intervention and support on your IPO journey, talk to us.
Schedule An Appointment
At Sagittron, we champion the cause of empowering SMEs, offering insights, expertise, and a roadmap to not just navigate the IPO landscape but to thrive in it. Join us in this empowering voyage, where your aspirations meet unlimited potential.
Schedule An Appointment
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