The process of an SME (Small and Medium Enterprise) IPO in India involves several key stages, designed to take a privately held SME to a publicly listed company on an SME platform like NSE Emerge or BSE SME. Here's a breakdown of the typical process:
- Preparation: The company decides to go public, appoints a Merchant Banker and other advisors, and undergoes due diligence (financial and legal checks).
- Offer Document: A detailed document (Prospectus/DRHP) is prepared with company information and filed with the Stock Exchange (NSE Emerge/BSE SME) for approval. A Market Maker is appointed.
- Marketing: The IPO is marketed to potential investors.
- Public Issue: The IPO opens for public subscription (bidding for shares).
- Allotment & Listing: Shares are allotted to investors, and the company's shares are listed on the stock exchange, making them available for public trading.
- Post-Listing: The company adheres to ongoing compliance and disclosure norms.
SME IPO Enquiry
