Process Involved For SME IPO
Step1: Planning IPO and appointment of Merchant Banker in an Advisory Capacity | Step2: Planning IPO and appointment of Merchant Banker in an Advisory Capacity |
Step3: Appointment of Intermediaries | Step4: Marketing Strategies |
Step5: Preparation and Filing of Draft Prospectus with Stock Exchange and SEBI | Step6: Verification of documents and Site visit by Stock Exchange |
Step7: The Promoters are called for an interview with the LAC (Listing Advisory Committee) of the Stock Exchange | Step8: Preparation of final offer document on receipt of observation / comments from LAC |
Step9: Filing of RHP / Prospectus with the ROC indicating date of opening and closing of IPO issue | Step10: ROC Approval |
Step11: Intimation to Stock Exchange of opening & closing of issue and filing of documents | Step12: Opening of IPO issue |
Step13: Receiving of Application & Closure of IPO issue IPO management | Step14: Submission of documents to the Stock Exchange for finalization of the Basis of Allotment |
Step15: Receipt of Stock Exchange’s Approval to the Basis of Allotment | Step16: Allotment of Shares / Refund and Filing of Listing Application with the Stock Exchange |