Due Diligence For Sme Ipo

Due diligence for sme ipo

Due diligence for sme ipo

The application and trading lot size is being kept at Rs. 1, 00,000/- so as to curtail the entry of retail investors.

[VC Unlocked] The Basics of Due Diligence

It has also been stated that the minimum depth shall be of Rs. 1, 00,000/- and at any point of time it cannot go below that amount.

Due diligence for sme ipo

The investors holding with value less than Rs. 1, 00,000/- shall be allowed to offer their holding to the market maker in one lot.

Due diligence for sme ipo

However, in functionality the market lot will be subject to revival after a stipulated time.

Further, in accordance with the new regulation, the sub regulations (1), (2), and (3) of regulation 6 (filing of offer document) regulations 7 (in principal approval), regulation 8 (documents to be submitted before opening the issue), regulation 9 (draft offer document to be made public), regulation 10 (fast track issue), regulation 25,26, & 27 (eligibility requirements for IPO & FPO) and sub regulation (1) of regulation 49( minimum application value) of these issues shall not apply to an issue of specified securities made under this Chapter.

That means, all other regulations will apply as such with such modifications as necessary.

Due diligence for sme ipo