Disclaimer
Our regulatory position, the nature of the information published here, and the limits of the eligibility checker.
Last updated: 22 September 2026 · Sample text for legal review
What Shikhar Capital is
Shikhar Capital is an IPO advisory firm. We assess readiness, structure the transaction, select and coordinate intermediaries, and stay with the company through listing and afterwards.
We are not a SEBI-registered merchant banker. IPO execution — including lead management of the issue, filing of the draft red herring prospectus and the activities reserved for registered intermediaries — is carried out by SEBI-registered intermediaries appointed for each mandate. We do not perform, and do not hold ourselves out as performing, any activity for which a registration we do not hold is required.
Information, not advice
Everything on this site is general guidance about the SME IPO process. It is not investment advice, a recommendation to list, an offer, or a solicitation to buy or sell any security. It does not consider the objectives or circumstances of any particular company. Take your own professional advice before acting on anything you read here.
The eligibility checker is indicative
The checker gives a first read based on the four answers you select. It is not an eligibility opinion, a due diligence exercise or a confirmation that any exchange will admit your company. A result of “IPO-ready” does not guarantee approval, and a result of “not yet” does not mean a listing is closed to you. Final eligibility is determined by the exchange against SEBI (ICDR) Regulations and its own listing norms, as amended, on the strength of your audited financials and documents.
No guarantee of outcomes
We do not guarantee that a listing will be completed, that any amount will be raised, that a particular valuation will be achieved, or that a share will trade at any price after listing. An SME listing carries market, regulatory, compliance and reputational risks, and past mandates are not an indication of future results.
Figures and examples
Cost bands, fee ranges, timelines, mandate counts and capital-raised figures shown on this site are illustrative and drawn from typical transactions. They vary with issue size, sector, the state of your financials and the intermediaries appointed. Your own consolidated estimate is prepared after the readiness assessment and is the only figure you should plan against.
Exchange and third-party names
NSE Emerge and BSE SME are platforms of the National Stock Exchange of India Ltd and BSE Ltd respectively. Those names, and the names of any regulators or intermediaries mentioned, are used for identification only and imply no endorsement, affiliation or approval of Shikhar Capital or of this website.
Past transactions
Past IPOs are listed for information only. Shikhar Capital acted as IPO advisor on them; the issues were managed by the SEBI-registered lead managers named. They are not a promise of a similar experience or outcome for any other company.
External links
Where we link to exchange, regulator or third-party websites, we do so for convenience. We do not control that content and are not responsible for it.
Contact
Questions about this disclaimer: info@shikharcapital.com · Shikhar Capital, Gurugram, Haryana, India. See also our terms of use and privacy policy.
This is placeholder wording prepared for design review. It has not been drafted or checked by a lawyer and must be replaced before the site goes live — in particular the regulatory statements, which also affect financial-services ad verification.