Taking an SME public through an Initial Public Offering (IPO) is a significant milestone in
Company's growth journey.
The eligibility criteria for listing on BSE SME exchange.
- Post issue capital - Post issue paid up Capital of the
company shall not be more than Rs.25 Cr
- Net profit from last 3 years company for atleast two years company should be
profitable
- Net worthshould be 1 crore for two preceding full financial year.
- Track record of the issuer company should be atleast 3 years
- Net tangible assets should be 3 cr in last preceding financial year.
The eligibility criteria for listing on NSE SME exchange.
- Post issue capital - Post issue paid up Capital of the company shall not be more
than Rs.25 Cr
- Track record of the issuer company should be atleast 3 years
- Positive Ebita for at least 2 out of 3 preceding financial years
- Positive net worth
The eligibility criteria for listing on Main board. The company must satisfy either the
Profitability Route or QIB route:
- Post issue capital - Post issue paid up Capital of the company shall not be more
than Rs.25 Cr
- Net tangible assetsshould be 3 cr in during the three preceding financial years.
- Average operating profit should be atleast 15 cr in during the three preceding
financial years.
- Positive net worth of atleast 1 cr in preceeding three years in case the above
conditions are not satisfied the entity can follow QIB route.