IPO Consulting Services

IPO Consulting Services in India: Expert Guidance for SME & Mainboard Listing

Many companies launch their IPOs in order to raise funds for business expansion. If you want to raise funds for your company, you can consider an IPO launch. The funds acquired by launching an IPO can be utilized by your company to purchase equipment, pay off debts and improve the infrastructure, allowing your company to achieve new heights. However, launching an IPO isn’t an easy task. It requires a lot of paperwork and review and observations from SEBI. Therefore, it is important to seek professional guidance from an IPO consulting firm. 

During the IPO consultation, our IPO consultants at Registrationwala will not only explain the entire IPO process but also assist you throughout it, increasing the chances of getting your company listed. So, whether you are eyeing an SME IPO or a Mainboard one, get in touch with us for availing IPO consulting services in India, so we can make the process smoother for you!

What is an Initial Public Offering (IPO)?

IPO full form is Initial Public Offering. IPO meaning can be explained as the process where a company offers shares to the public for the first time and gets listed on the stock exchange to raise capital from the investors. The capital raised by the company then gets used for business expansion, debt payments or for other corporate purposes.

SME IPO vs Mainboard IPO: Which Type of IPO is Right for Your Company?

IPOs come in two varieties: SME IPOs and Mainboard IPOs. 

1. SME IPO:

SME IPO full form is Small and Medium Enterprises Initial Public Offering. This IPO is launched by small to medium-sized businesses seeking to raise capital. The post-issue paid-up capital for an SME IPO cannot exceed Rs. 25 crore. The compliance guidelines for the SME IPOs are usually relaxed as compared to the mainboard IPOs. 

2. Mainboard IPO:

This IPO occurs when a privately owned company sells its shares to the general public for the first time and gets listed on the stock markets. Large companies with major operations and financial standing go for mainboard IPO. The post-issue paid-up capital requirement for mainboard IPO must be at least Rs. 10 crore. The compliance guidelines for the Mainboard IPOs are usually stricter. 

Depending on the size of your company, you must go for either an SME IPO or a Mainboard IPO. For IPO advisory services, you can connect with our team. Our experts will provide IPO recommendation on which type of IPO is most appropriate for your case. 

Key Benefits of Going Public 

The key benefits associated with going public via IPO debut are as follows:

• The biggest benefit associated with launching an IPO is that it allows the company to raise funds. The funds the company raises can be used for expanding business operations, paying debts, funding research projects and improving infrastructure among other purposes.

• Going public can certainly be beneficial for brand promotion as listing on a stock exchange enhances the company’s visibility and reputation in the market. 

• A company can only launch an IPO after SEBI reviews its offer documents and provides observations. SEBI is the market regulator, and it allows the IPO to proceed once the company complies with all the prescribed eligibility norms. 

• In the Draft Red Herring Prospectus, which is the preliminary IPO document, the company has to be totally transparent regarding all the risks, financials and business details so that investors can make informed decisions. Therefore, going public promotes greater transparency as well as accountability within the company.

SEBI Eligibility Norms for IPO Listing (Updated 2026)

SEBI has set the eligibility criteria for IPO application. This eligibility criteria must be met by the applicant in order to be eligible for IPO listing on stock exchanges in India:

Eligibility Criteria for Mainboard of IPO

The eligibility requirements for Mainboard IPOs are as follows:

• The company should have a track record of operations. This record usually has to be supported by financial statements for the past 3 years.

• The company’s net worth must be at least Rs. 1 crore in each of the previous three years.

• The company should have net tangible assets of at least Rs. 3 crore in each of the previous three years.

• The company should have an operating profit of at least Rs. 15 crore in at least 3 out of the previous 5 years (under the profitability route).

• Alternatively, companies that do not meet profitability criteria can still go public through the QIB route, where at least 75% of the issue is allotted to Qualified Institutional Buyers.

• The company should not be barred by SEBI from accessing the capital markets and promoters should not be wilful defaulters.

• At least 25% of the company must be publicly owned after listing as per stock exchange requirements.

• The company must provide audited financial statements, generally for the past 3 years with proper disclosures.

• In case the company has renamed itself within the last year, at least 50% of revenue for the preceding 1 year should be from the activity suggested by the new name.

Eligibility Criteria for SME IPO

The eligibility requirements for SME IPO are as follows:

• The company should have a track record of operations, generally supported by financial statements for the past 2-3 years.

• The company should have a positive net worth.

• The company should have positive cash accruals/profits in at least 2 out of the last 3 financial years.

• The post-issue paid-up capital of the company should fall within the SME-prescribed limit, i.e., up to Rs. 25 crore.

• The company should not be referred to the NCLT or be under insolvency proceedings.

• The company should not be barred by SEBI from accessing the capital markets.

• The promoters and directors should not be wilful defaulters.

• The company must comply with listing requirements of the respective SME platform and provide audited financial statements with proper disclosures.

Documents Required for IPO Registration

The applicant entity must prepare the list of the following mandatory documents for IPO registration. 

• Certificate of Incorporation/Registration

• Annual Financial Statement

• Red Herring Prospectus

• A letter of Engagement in the name of an Investment/Merchant banker

• Track records of the company directors

• Details of the Management background

• Details of Insider holdings

• Documents which shows distribution of shareholding

• Legal issues faced by the company, if any

• Ticker symbol to be used by the company once it’s listed

• Any other documents required by the regulatory authority SEBI

For assistance in the preparation of the above-mentioned documents for IPO, reach out to our Mainboard or SME IPO consultants at Registrationwala.

The IPO Roadmap: Step-by-Step IPO Registration Process

The IPO process involves the following steps:

Post-Listing Compliance Requirements

After going public, the company must ensure compliance with post-listing requirements. We have discussed some of the key post-listing compliance requirements below:

• After a company goes public, it must report its financials by submitting quarterly results and annual results in the prescribed format.

• It must disclose to the public certain events like board meetings, mergers, acquisitions or stock splits.

• The company must pay annual listing fees. 

• It must have a policy that forbids insider trading.

• The company must maintain the appropriate board composition.

• It must track the related party transactions.

• The company must comply with all other requirements mandated by SEBI, stock exchanges and other relevant authorities.

Why Choose Registrationwala as Your IPO Consultant?

Launching an IPO can be complex and time consuming. A lot of paperwork is required. To ensure the IPO process takes place smoothly and the IPO application is filed in a correct manner, working with seasoned IPO consultants in India is crucial. 

Registrationwala provides best IPO consulting services India to companies who want to launch IPOs. By allowing us to assist you in the IPO registration process, your chances of IPO approval will be increased. We will guide and assist you throughout the entire process of IPO registration and will help you to prepare all the necessary documents in compliance with SEBI ICDR Regulations.

On your behalf, we will coordinate with SEBI and stock exchanges to ensure that the IPO application process is going smoothly. In case of any doubts or queries, we will be glad to assist you during the IPO process and even after your company’s IPO has been launched successfully. Don’t wait! Connect with Registrationwala and avail our impeccable IPO services now!

Frequently Asked Questions (FAQs)

Q1. What is the full form of IPO?

A. The full form of IPO is Initial Public Offering.

Q2. How is an IPO different from an FPO?

A. IPO happens when a company goes public for the first time. Follow-on Public Offering, or FPO, occurs when a company has already previously launched its IPO and is listed on the stock exchange. 

Q3. Where to file an IPO application?

A. The application for IPO must be filed with the Securities and Exchange Board of India (SEBI). Once approved, an IPO application must be filed with the stock exchange.

Q4. What is the role of a merchant banker in the IPO process?

A. A merchant banker ensures that the company’s IPO complies with all the regulatory and legal requirements.

Q5. Where can I avail the best IPO advisory services in India?

A. To avail the best IPO advisory services in India, reach out to Registrationwala, which is one of the best ipo advisory firms in India.

Q6. Where can I find the top IPO consultants in Delhi NCR?

A. You can find the top IPO consultants in Delhi NCR at Registrationwala. We will offer you professional guidance regarding how to go public through Initial Public Offering successfully.