Select Your Location
Initial Public Offer (IPO) is a very popular process through which an unlisted Company or start-up or early-stage company can be listed on the NSE for trade /sale of its securities to the public at large in the primary market. Generally, IPO was introduced for expansion of core business activities of the company or setting up new business activities or project and the consequence of IPO was dilution of promoter shares.
Table of Contents
Listing of securities can be done in either Capital Market or Wholesale Debt Market. There is a NSE Listing procedure to be followed but before that let’s look at the eligibility requirement.
Basic Eligibility Requirement
Submission of Memorandum and AOA
It requires that the Articles of Association of the Issuer wanting to list its securities on NSE should be submitted. If any of the provisions in the AOA are not at par with the corporate practice then it has to be removed by making amendments in the AOA.
Approval of Draft Prospectus
The Issuer shall file the draft prospectus and mandatory application forms with National Stock Exchange. The draft prospectus is prepared in accordance with the laws mentioned etc. National Stock Exchange will peruse the draft prospectus only from the point of view of checking and then if any approval is given by National Stock Exchange in respect of the draft prospectus it should not be considered as approval under any laws, rules, any other guidelines, etc. The Company should also submit SEBI, the letter indicating observations on the draft prospectus or letter of offer by SEBI.
Submission of Application
Issuers who desire to list on NSE with their existing or new securities shall make an application to NSE for admission of their securities in the prescribed forms and fees, if any.
Benefits of National Stock Exchange Listing are as follows:
National Stock Exchange is the leading stock exchange of India. It was the first exchange in the country that provided a fully automated screen based trading system. For more information on NSE, BSE or Listing Requirements, read our blogs.
Read our article:
Shares Listing Procedure in India
Ashish M. Shaji has done his graduation in law (BA. LLB) from CCS University. He has keen interests in doing extensive research and writing on legal subjects especially on corporate law. He is a creative thinker and has a great interest in exploring legal subjects.
The Financial Action Task Force, i.e. FATF (the Force), is the global money laundering and terr...
Advance tax refers to the payment of the tax liability before the end of the relevant financia...
On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case ti...
Money laundering can be defined as the process of illegal concealment of the origin of money ob...
Every assessee in India is obligated to file an income tax return and make the timely payment o...
In the recent past, India has seen burgeoning demand for internet and smartphones. The rapid ri...
The Securities and Exchange Board of India (SEBI), the capital markets regulator, has recommend...
The objective of the enactment of the Prevention of Money-laundering Act, 2002, i.e. PMLA (the...
Tax planning is a continuing effort and a management strategy for ensuring the minimization of...
On 18th May 2023, the Securities Exchange Board of India (SEBI) released a Consultation Paper o...
Are you human?: 8 + 2 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
The Companies (Accounting Standards) Rules, 2021 were published on June 23rd, 2021 by the Ministry of Corporate Aff...
08 Oct, 2021
The International Financial Reporting Standard (IFRS 2) requires a company to record share-based payment transactio...
09 Feb, 2022
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!
Chat on Whatsapp
Hey I'm Suman. Let's Talk!