Compare Merchant Bankers

IPO Advisors like IPOPlatform.com assist with valuation, documentation, regulatory approvals, merchant banker selection, and investor outreach, ensuring smooth listing and successful fundraising. Their expertise helps companies navigate SEBI compliance, market positioning, and post-listing strategies. 

To execute an IPO in Mainboard it takes approximately from 8 to 12 months and SME IPO it takes approximately 4 to 6 months. 

Major merchant bankers in India for SME IPO includes Hem Securities, GYR Capital Advisors, Holani Consultants and others. Mainboard Merchant Bankers includes SBI Capital Markets, Kotak Mahindra Capital and ICICI Securities

Mainboard IPOs are launched by larger companies and listed on the primary stock exchanges like NSE and BSE. They must meet stricter eligibility norms, such as a minimum post-issue capital of Rs. 10 crores and profitability track record. In contrast, SME IPOs cater to smaller businesses with less compliances. SME IPOs are listed on dedicated platforms like NSE Emerge or BSE SME. Investors should consider liquidity, company fundamentals, and compliance standards when investing. Mainboard IPOs offer more liquidity and are suitable for a wider range of investors, including large institutions.

To be eligible for a SME IPO, a company must:

• Have a minimum post-issue capital of Rs. 1 crore and not exceed Rs. 25 crores
• Operation of business for at least 3 years
• Have a positive net worth
• Be incorporated as a company under the Companies Act
• Minimum EBITDA of Rs 1 crore for the last two years.
  
  Merchant bankers assist companies in meeting these conditions and filing with SEBI and exchanges.

Yes, the Issue size varies based on the type of IPO. SME IPOs (for smaller companies) generally have a smaller issue size, starting from Rs. 10 crore or even lower. In contrast, Mainboard IPOs (for larger companies) often have a much bigger issue size. Regulatory requirements and eligibility criteria also vary between SME IPO and Mainboard IPOs. However, there is no upper or lower limit for the Issue size in SME IPO or Mainboard IPO. 

You can easily track upcoming SME IPOs by visiting websites that provide IPO updates. The portal ipoplatform.com also provides updates regarding upcoming Mainboard IPO where you can find all details about new SME IPOs, including issue dates, price bands, and recently filed DRHPs. It’s a simple way to stay updated on all upcoming IPOs in the SME segment.