IPO Eligiblity

IPO Eligiblity

In today’s dynamic business landscape, focusing on your core competencies is crucial for success. Value Square’s KPO services empower you to outsource non-core but critical functions to a team of skilled professionals, allowing you to streamline operations, reduce costs, and achieve your strategic objectives.

Our Value-Added Services

Value Square empowers foreign companies to navigate the complexities of Indian capital markets through our comprehensive Merchant Banking Services. We guide you through the entire process of IPOs (both SME and Main Board), business valuations, buybacks, takeovers, and delistings. Our team of experts ensures regulatory compliance, drafts essential documents, and develops targeted investor strategies. By leveraging our deep market knowledge and proven track record, we help you achieve your business goals and unlock growth potential in the Indian market.
What We Offer
Benefits for Your Company

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Why choose us

Why Choose Value Square for Your Value-Added Services Needs?

Experienced Team

Experienced team with a proven track record of success

Comprehensive Solutions

We offer a full spectrum of Merchant Banking Services, from initial consultation to IPO execution and post-listing support.

Transparent Communication

We keep you informed throughout every step of the process.

Long-Term Partnerships

We believe in building strong, long-term relationships with our clients. Your success is our success!

Foreign Investment Expertise

We specialize in helping foreign companies navigate the Indian capital markets. Our team understands the unique challenges you face and has a proven track record of success.

Seamless Operations

Our streamlined approach ensures a smooth and efficient capital-raising process.

Dedicated Team of Experts

Our team comprises experienced Business Advisors and Chartered Accountants with in-depth knowledge of Indian regulations and financial markets.

FAQ

  • The Regulatory Framework for IPOs is broadly contained in the following Acts, Rules and regulations:
  • The Companies Act 2013
  • The Companies (Prospectus and allotment of Securities) Rules 2014
  • The Companies (Shares Capital and Debentures) Rules 2014
  • The Securities Contracts (Regulations) Act 1956
  • The Securities Contracts (regulation) Rules 1957
  • The Securities and Exchange Board of India (Issue of capital and Disclosure Requirements) Regulations 2018
  • The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015
  • The Depositories Act 1996
  • The Securities and Exchange Board of India (Depositories and Participants) Regulations 1996
  • The Foreign Exchange Management Act 1999
  • Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000
    FDI policy

The above list is not exhaustive and there are some other regulations which are required to be complied with while coming out with an IPO.

ELIGIBILITY NORMS FOR MAIN BOARD IPOs

  • Issuer has net tangible assets of a minimum Rs. 3 crore in each of the preceding 3 full years (of twelve months each), and not more than 50% of these tangible assets are held in monetary assets. In case more than 50 % are held in monetary assets, the issuer has made firm commitment to utilize such excess assets in its business or project. However such limit of 50% shall not apply in case offer for sale.
  • Issuer has a minimum average pre-tax operating profit of Rs. 15 Crore, ascertained on a restated and consolidated proposal, during three out of the preceding 5 years.
  • If issuer has changed its name within the last 1 year, at least 50% of the revenue has been earned from the activity indicated by the new name in the preceding 1 year.
  • The gross value of the proposed issue and all previous issues made during the financial year does not exceed five times the pre issue net worth stated in the audited balance sheet of the previous financial year.

OR
In case the issue is made through book-building, the issuer undertakes to allot at least 75 % of the net offer to qualified institutional buyers and to return the full subscription money if it fails to make this allotment.

  • Promoters, promoter group or persons in control of the issuer or directors are not debarred from accessing the capital market by the SEBI or related to any other company restricted under the directions of SEBI from accessing the capital market.
  • Issuer has entered into an agreement with a depository for dematerialisation of securities proposed to be issued or already issued.
  • Firm arrangements have been made through verifiable means for 75% of the stated means of finance, except the existing internal accruals or proposed to be raised through public issue.

Minimum post issue capital should be more than Rs. 10 Crore. In addition, the SME IPO norms are also applicable.

 
 
S.NoMain Board IPOSME IPO
1Post Issue Capital more than 10 CrorePost Issue capital should not exceed Rs. 25 Crore.
2IPO Grading is mandatoryNA
3Minimum no. of allottees 50Minimum no. of allottees 50
4Minimum Application Value is Rs. 10000-15000Minimum Application Value is Rs. 100000/-
5Underwriting of issue is optional.100% underwritten issue.
6Offer document is filed to SEBI for Vetting.Offer document is filed to Stock Exchange for Vetting.
7No requirement of market making.Market making is compulsory.

CCV provides full-fledged services for businesses seeking to list on stock exchange under Main Board & SME IPO. Our professional team prepares all the documents including the prospectus, files the applications, helps in acquiring investors to raise capital, and all related activities for submission of your company to the stock exchange in the shortest time. We follow a proven approach to cope with the market challenges and help companies adjust to the public infrastructure.

Phase I : Pre IPO Preparatory Assistance

Phase II : Due Diligence

Phase III : Valuation / Issue Pricing

Phase IV : Prospectus and Other Documents

Phase V : Issue Management

Phase VI : Post IPO Closure Assistance

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Client Success Stories

Ready to Streamline Your Business Operations?

Don't let non-core tasks hinder your growth. Contact Value Square today to discuss your specific needs and explore how our KPO solutions can empower you to achieve operational excellence.

Megha Bansal

Compliance Officer

Megha Bansal leverages her in-depth understanding of regulatory compliance to support Value Square Capital Private Limited’s Merchant Banking activities. Her experience ensures seamless adherence to SEBI regulations and stock exchange requirements throughout the deal lifecycle.

Key Strengths for Merchant Banking:

  • Regulatory Expertise: Megha possesses a proven track record of ensuring compliance with complex financial regulations, including SEBI and stock exchange requirements. This is crucial for navigating the intricacies of Merchant Banking transactions like IPOs.
  • Corporate Governance: Her experience in managing corporate governance practices aligns with the high standards expected during IPO processes.
  • Strong Communication: Megha’s experience managing shareholder communications and organizing key meetings translates to effective communication with investors and regulators during Merchant Banking engagements.

Highlights from Prior Roles:

  • As Compliance Officer at Sunshine Capital Limited, Megha directly dealt with SEBI and stock exchange regulations, demonstrating her ability to navigate the complexities relevant to Merchant Banking.

Kamal Ahuja

Senior Vice President

Kamal Ahuja is a seasoned Merchant Banker with over 20 years of experience, currently serving as the Senior Vice President at Value Square Capital Private Limited. He brings a proven track record of success in managing the firm’s merchant banking practice, valuations, and corporate advisory services, ensuring seamless compliance with SEBI and stock exchanges.

Key Strengths in Merchant Banking:

  • IPO Advisory: Kamal possesses extensive expertise in guiding companies through the IPO process, from financial preparation to regulatory navigation.
  • Transaction Expertise: His experience encompasses mergers, acquisitions, and buybacks, advising clients on strategic transactions to achieve their financial goals.
  • Debt Financing: Kamal has a strong background in debt syndication, structuring debt solutions to meet client requirements.
  • Regulatory Compliance: He ensures adherence to SEBI regulations and stock exchange requirements throughout the engagement.

Proven Experience:

  • Kamal’s prior role at MRKS & Associates involved specializing in IPO advisory, highlighting his in-depth understanding of the public offering process.
  • His experience at Indiabulls Securities further strengthens his expertise in deal structuring and navigating complex financial transactions.

Praveen Kaushik

Professional Experience

Praveen is a seasoned financial executive with over 13 years of experience, specializing in Merchant Banking and guiding companies through the complexities of Initial Public Offerings (IPOs). His proven track record demonstrates a consistent ability to unlock value for clients across various sectors.

Key Strengths:

  • IPO Expertise: Praveen possesses extensive knowledge in navigating companies through the IPO process, ensuring a smooth and successful public offering.
  • Merchant Banking Acumen: He leverages his financial expertise and business acumen to advise clients on strategic transactions, mergers, and acquisitions.
  • Cross-functional Leadership: Praveen thrives in leading multi-disciplinary teams, fostering collaboration to achieve optimal outcomes for clients.

Additional Qualifications:

  • Chartered Accountant (CA)
  • Registered Valuer with Insolvency & Bankruptcy Board of India (IBBI)