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SME.... A New Opportunity for Private Company..

Other Topics - By: - MEET SHIROYA - Dated:- 27-4-2016 Last Replied Date:- 30-12-1899 - In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways available for Company to avail such benefits. So for that, Private Company has to change its Mission as well as the Vision and going for getting those benefits by Converting into Limited Company and after that by listing in S .....

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ognition for this purpose but does not include the Main Board . So now question is arise how those benefits can be obtained, the simplest answer is by listing in SME Platform. Then What are the Criteria For Listing ? Incorporation The Company shall be incorporated under the Companies Act, 1956 or 2013. Financials Post Issue Paid up Capital The post-issue paid up capital of the company shall be at least ₹ 3 crore. Networth Net worth (excluding revaluation reserves) of at least ₹ 3 cro .....

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; 5 crores. Other Requirements It is mandatory for a company to have a website. It is mandatory for the company to facilitate trading in demat securities and enter into an agreement with both the depositories. There should not be any change in the promoters of the company in preceding one year from date of filing the application to Different Exchange for listing under SME segment. Disclosures A certificate from the applicant company / promoting companies stating the following a) The Company has .....

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the Different Exchange SME Platform for a minimum period of two years and then they can migrate to the Main Board as per the guidelines specified by SEBI vide their circular dated 18th May 2010 and as per the procedures laid down in the ICDR guidelines Chapter X B. What are the Benefits of Listing in SME ? Easy access to Capital Different Exchange SME provides an avenue to raise capital through equity infusion for growth oriented SME s. Enhanced Visibility and Prestige The SME s benefit by grea .....

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hareholders, provides growth opportunities like expansion, mergers and acquisitions, thus being a cost effective and tax efficient mode. Equity financing through Venture Capital Provides an incentive for Venture Capital Funds by creating an Exit Route and thus reducing their lock in period. Efficient Risk Distribution Capital Markets ensure that the capital flows to its best uses and that riskier activities with higher payoffs are funded. Employee Incentives Employee Stock Options ensures strong .....

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moter details etc. and planning the IPO structure, share issuances, and financial requirements Process Application procedure: Submission of DRHP/Draft Prospectus - These documents are prepared by the Merchant Banker and filed with the Exchange as well as with SEBI as per requirements. Verification & Site Visit - Different Exchange verifies the documents and processes the same. A visit to the company's site shall be undertaken by the Exchange official .The Promoters are called for an inte .....

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g The Initial Public Offer opens and closes as per schedule. After the closure of IPO, the Company submits the documents as per the checklist to the Exchange for finalization of the basis of allotment. Post Listing Different Exchange finalizes the basis of allotment and issues the Notice regarding Listing and Trading. Any Guidelines For Listing ? Yes the Company has to follow the below Guidelines. Capital The post issue face value capital should not exceed Rs. Twenty-five crores. Trading lot siz .....

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