SEBI requirements for IPO
Lets understand SEBI Requirement SEBI requirements for directors/promoters/founders/investors There is no disciplinary action against the company founders/promoters/directors/selling shareholders. The promoters/directors/founders/investors/issuing company should not be barred from accessing the capital markets . The company cannot apply for an IPO until the debarment period has expired. The promoters/managers/founders/investors should not be affiliated with another company that is excluded from access to capital markets. The promoters/directors/founders/investors should not be defaulters. The promoters/directors/founders/investors must not be classified as fugitive offenders as defined in the Fugitive Economic Offenders Act 2018. The promoters should individually or collectively own at least 20% of the equity after the IPO. 2. NSE IPO Eligibility Criteria In addition to the IPO guidelines prescribed by SEBI, the NSE requires that the issuing company meet the following ...