SME IPO Listing
SME IPO Listing
For growing businesses, an SME IPO isn’t just fundraising — it’s credibility, visibility, and long-term governance. India’s SME platforms on NSE and BSE allow eligible companies to raise capital, unlock valuations, and strengthen stakeholder trust without the complexity of a main-board listing.
A well-prepared IPO journey reduces delays, observations, and post-listing compliance stress.
What is an SME IPO?
A public issue of shares by a Small or Medium Enterprise, listed on NSE Emerge or BSE SME. It gives companies access to public capital while maintaining lighter listing and compliance requirements compared to the main board.
Who should consider it
Profitable, scalable SMEs needing growth capital
Family-owned businesses planning professionalisation
Companies seeking brand visibility and investor trust
Businesses preparing for future main-board migration
Eligibility snapshot
Company incorporated in India
Net worth, profitability, and positive operating history (generally 3 years)
Post-issue paid-up capital between ₹1 crore and ₹25 crore
No winding-up, regulatory, or settlement actions
Strong corporate governance and financial reporting
(Exact criteria vary by exchange and issue advisor.)
Why SMEs opt for IPO
Raise equity without high-interest debt
Market-driven valuation
Improved reputation with customers, lenders, and partners
Liquidity for early shareholders
Easier future fund-raising and expansion
What we assist with
Eligibility assessment and IPO readiness
Corporate restructuring, financial clean-up, and due diligence
Appointment of merchant banker, registrar, legal, auditor, etc.
Drafting offer documents, disclosures, and compliance frameworks
Coordination with exchanges, SEBI, and professionals
Pre-IPO advisory, investor communication, and listing support
Post-listing compliance and reporting setup
Documents usually required
Incorporation documents, shareholding, board records
Audited financial statements, tax filings, projections
Business plan, risk factors, operational details
Agreements, contracts, litigations, and corporate records
KYC and background details of promoters and directors
Our process
Understand business goals and listing feasibility
Conduct IPO readiness and compliance review
Prepare documentation and engage intermediaries
File DRHP/offer documents and handle observations
Manage issue process, listing, and post-IPO compliance
Frequently Asked Questions
Typically 4 to 8 months, depending on preparedness and regulatory review.
Usually yes, unless the merchant banker supports an alternative eligibility route.
Yes, subject to FEMA and sectoral rules.
Yes, after meeting eligibility and turnover/market-cap criteria.
Yes, since public shareholding norms apply post-listing.