The SME IPO eligibility checklist
Every criterion NSE Emerge and BSE SME actually test, and the documents that prove each one.
Resources
Promoter guides — coming soon
Ten plain-English guides on the SME IPO process, written for promoters rather than bankers. We are finishing them now.
- No jargon
- Free to read
- No sign-up to read
In preparation
The first ten guides
Each one answers a question promoters ask us on the first call. Titles are final; the writing is in progress.
What an SME IPO really costs
Each cost head with a range, what drives it up, and which ones you can influence.
The 10-step listing roadmap
What happens at each step, who is involved, and what has to be signed before the next one starts.
NSE Emerge or BSE SME?
How the two platforms differ on fees, investor base and liquidity — and how to choose between them.
The DRHP, explained for promoters
What goes into the draft red herring prospectus, who writes it, and where the delays come from.
Restated financials without the panic
What restatement means in practice, the items that most often need reworking, and how to start early.
Dilution, lock-in and control
How much of the company you actually give up, and what promoter lock-in means for the next three years.
Market making, in plain English
Why an SME issue needs a market maker, what it costs and what it does for your share price.
The post-listing compliance calendar
Everything a newly listed SME has to file, and when — with the deadlines that carry penalties.
Migrating to the mainboard
The thresholds you have to cross, how long companies typically wait, and what changes afterwards.
Tell us where to send them
One email when the first guides publish. Nothing else, and you can stop any time.
In a hurry? Book a readiness call and ask us directly.