SME IPO
Small and Medium Enterprises (SME) IPO is a way for a private small company to sell its shares to the public for the first time and get listed at BSE SME or NSE Emerge platform.
OUR PROCESS
Appointment of Merchant Banker
Capital Structuring, Due Diligence, and Pre-IPO preparation
Appointment of Bankers, Registrar, Market Makers, RTA, etc.
Preparation of Offer Document (DRHP)
Filing of DRHP with Stock Exchange
Approval from Exchange and RoC
Issue Pricing
The Opening of Public Issue
Closure of the Issue & Allocation of Shares
Listing & Trading at the Exchange
Documents required- Estimated items
Draft offer document
Copy of the Prospectus
Copy of resolution passed by the Board of Directors
Copy of the shareholders’ resolution passed under 62(1)(c) of Companies Act, 2013
Certificate from either the Managing Director / Company Secretary or PCS / Statutory or Independent Auditors
Copy of all show cause notice/orders issued
PAN & TAN of the Company
DIN & PAN of Promoters and Directors
Balance Sheets, P&L Statements, and Cash Flow Statements for the last 5 years (or for such applicable periods)
Copies of major orders or contracts
Details of the present or any previous application of the Company/Group Company for the listing of any securities have been rejected earlier by SEBI or by any stock exchange and reasons also
Name of the exchange which is proposed to be designated Exchange for the issue
Copies of agreements and memoranda of understanding between the Company and its promoters/ directors
Articles & Memorandum of Association of the Company
A certificate issued by the statutory auditor/practicing chartered accountant
Association, if any, of the directors/ promoters of the Company with any public or rights issue made during the last 10 years
MAJOR PARTICIPANTS
Company Promoters
SME IPO Assistants
Registrar of Companies (RoC)
Merchant Banker or Investment Banker
Bankers
Registrar and Transfer Agents (RTA)
Market Maker
Depositories (CDLS, NSDL)
Stock Exchanges (BSE or NSE)
Auditors
FACTS ON SME IPO