Matter
IPO Compliances
Listing is a compliance project long before it is a fundraising event. The work that decides whether you make the window starts twelve months out, in your board composition and your restated accounts.
This engagement covers
- Eligibility diagnostic
- Conversion to public limited
- Governance setup
- Restated financials
- DRHP support
- Post-listing calendar
“They set up our Private Limited in under two weeks and explained every form before we signed it. The fee never moved from the first quote.”
Requisition
SH/CAPITAL/IPOCOM
- Governed by
- SEBI ICDR, 2018 · SEBI LODR, 2015
- Routes
- SME platform or mainboard
- Typical runway
- 6–12 months to filing
- Precondition
- Conversion to a public limited company
- Post-listing
- Quarterly and event-based LODR filings
Overview
Best suited to. Companies considering an SME or mainboard listing, and listed companies that need their ongoing LODR obligations run properly.
How we price it. One fixed professional fee, agreed in writing before any work begins, with government fees and statutory charges itemised separately and payable at actuals. If the scope changes, we tell you before doing the work.
What’s included
- 01
Eligibility diagnostic
Track record, net worth, profitability and promoter holding tested against ICDR before you spend money on the process.
- 02
Conversion to public limited
The company converted, with the name, articles, board and share capital restructured to meet listing requirements.
- 03
Governance setup
Independent directors, audit committee, nomination and remuneration committee, and the policies LODR expects — constituted properly, not on paper.
- 04
Restated financials
Coordinated with your statutory auditor and merchant banker for the restated accounts the offer document requires.
- 05
DRHP support
We work alongside the merchant banker and legal counsel on corporate disclosures, litigation and related party schedules.
- 06
Post-listing calendar
Quarterly results, shareholding pattern, corporate governance report and event-based disclosures, tracked and filed.
Documents required
Collected once, digitally. We check the whole set before anything is filed — document problems are what turn a two-week job into a six-week one.
Corporate
- Incorporation documents, MoA and AoA
- Board and shareholder minutes for the last three years
- Statutory registers and ROC filing history
- Details of promoters, promoter group and existing shareholding
Financial and legal
- Audited financials for the last three financial years
- Details of related party transactions
- Pending litigation and statutory notices
- Material contracts, loans and charges
How it works
- Step 01
Eligibility and route
We test you against ICDR and tell you honestly whether SME, mainboard or neither is realistic this year.
- Step 02
Restructuring
Conversion to public limited, capital restructuring and governance bodies constituted.
- Step 03
Offer document
We support the merchant banker and counsel through DRHP preparation and SEBI or exchange observations.
- Step 04
Listed and compliant
Post-listing LODR calendar set up and run, so the first missed disclosure never happens.
Questions
Q1SME platform or mainboard?
The SME platforms have lower entry thresholds, a smaller minimum issue size and a lighter ongoing burden, which suits most first-time issuers. Mainboard requires a longer track record and a materially larger issue. We assess which is realistic before anything else.
Q2Why must we convert to a public limited company?
A private company cannot invite the public to subscribe to its securities. Conversion is a precondition, and it changes your board composition, audit and filing obligations immediately — not only at listing.
Q3How long does it really take?
Six to twelve months to filing for a well-prepared company, longer where financials need restating or governance has to be built from scratch. Companies that start three months out do not make it.
Q4What changes after listing?
A great deal. Quarterly results within the prescribed timeline, shareholding pattern, corporate governance reports, insider trading code administration and event-based disclosures. That ongoing load is what we set up and run.
Something specific to your situation? Ask us directly — we answer within one working day.
Also under Growth & capital
Next step
Get a written quote for ipo compliances.
Tell us your situation in one message. We come back with the scope, the documents required and the total cost — before any work begins.