Merchant bankers assist the issuer throughout the IPO process in preparing for listing. The role of the merchant banker in an SME IPO is essentially as follows:
- Pre-IPO preparatory support - capital restructuring, appointment of market intermediaries.
- Due diligence - gathering preliminary data of the company.
- Valuation/issue pricing.
- Prospectus and other documents.
- Issue management - obtaining approvals, opening and closing of the IPO.
- Post IPO closing support - allotment, listing, etc.
- Post-IPO market making - market making, etc.
SME IPO Enquiry