SME IPO in India: Regulatory Architecture, Profitability Threshold & Market Valuation Approach

Introduction Over the past decade, the SME listing route has transformed capital access for emerging Indian businesses. Instead of relying solely on private equity, debt funding, or promoter capital, growth-stage companies can now tap public markets through dedicated SME segments of recognized stock exchanges. In India, SME listings take place on: BSE SME Platform NSE … Continue reading SME IPO in India: Regulatory Architecture, Profitability Threshold & Market Valuation Approach

Understanding the Role of a Book Lead Runner in IPOs

WHO IS BOOK LEAD RUNNER? A Book Running Lead Manager, also known as a Book Lead Runner, is one of the most important threads in the Initial Public Offering process. It leads a company into becoming listed on the public list by supporting it in its transformation. The BRLM is essentially the primary coordinator and … Continue reading Understanding the Role of a Book Lead Runner in IPOs

Red Herring Prospectus: Laws and Disclosure Requirements

A red herring prospectus is a preliminary prospectus filed by a company with regulatory bodies like the Securities and Exchange Commission (SEC) or the Securities Exchange Board of India (SEBI), typically in connection with an initial public offering (IPO). It includes most details about the company's operations and prospects but omits critical information such as … Continue reading Red Herring Prospectus: Laws and Disclosure Requirements