IPO
IPO
We at ACE SOLUTIONS provide a one stop solution for companies on the journey of getting listed on the exchanges or planning for an initial public offering soon. The journey starts from getting prepared for public issue to get listed as public company on the exchanges. It includes all kind of advisory services from meeting regulatory requirements, seeking institutional investors projecting future prospects of the growth and presenting it to the potential investors. Our wide reach of branches across India helps in getting better exposure to the public offering of client company. Further, our research team provides an in-depth analysis and insights on the potentials of the company to give investors more understanding about the company making them convinced about the company which helps in getting more subscription for the issue.
At least three years of experience:
To launch the IPO of the company, the applicant company or the company promoting it must have to submit yearly reports of the previous three financial years to the NSE (national stock exchange) and also give a certificate to the national exchange in respect of the following terms.
• The company hasn’t mentioned to the BIFR (Board of Industrial & Reconstruction) and hasn’t previously declared under the bankrupt and insolvency code against the promoting company or the issuer.
• The NCLT (National Company Law Tribunal) had not granted the company’s winding-up petition.
The company should have a net worth of positive growth.
Conditions for pattern listings:
The issuer must adhere to the listing conditions outlined in the Securities Regulation Contracts Act of 1956, the Company Acts of 1956 and 2013, the Security Exchange Board of India Act of 1992, and the rules and regulations outlined in the foregoing legislation. Appropriately issued guidelines are being followed as law.
Paid up capital:
The applicant’s paid-up equity share capital should not be lower than 10 crores and the applicant’s capitalization should not be lower than 25 crores.
• The post-paid up issue of equity share capital for which the listing is sought must be taken into account.
• Capitalisation is the issued price of the product of capitalisation and the number of equity shares for post issue.
• The company’s paid-up capital is the amount of money a company receives from the investors/shareholders in the IPO. According to the criteria requirements, it’s compulsory for companies to have at least 10 crores as paid-up capital.
• The minimum eligibility criteria are met based on IPO equity share capital and the least percentage are put forward in an IPO when it is declared.
• The net worth (assets – liabilities) of the company appearing in the IPO must be at least 1 crore for each of the previous 3 years.
• Rs. 3 crore of tangible assets for each of the 3 previous years. A maximum of 50% of the assets must be carried in monetary assets.
• Rs. 15 crore should be the average operating profit from the last 3 preceding years.
Ace Solutions is one of the best IPO consultants in India and best IPO advisory, which provides all the information related to IPO and makes companies listed on the BSE (Bombay Stock Exchange ) AND NSE (National Stock Exchange). It not only offers IPO advisory but also provides information about the companies to the investors that makes them easily understand the company’s market and value.