What Is A Main Board IPO?
A Main Board IPO allows established companies to raise capital by listing their shares on stock exchanges like the NSE or BSE. This option is best suited for established businesses which have achieved a certain size. Going public on the Main Board enhances market credibility and opens avenues for expansion, debt reduction, and opportunity for promoters/investors to realise returns on their investment. At BSMART, a top IPO service provider in Pune, we streamline this process, ensuring every aspect aligns with regulatory requirements and investor expectations. Our IPO services help position your IPO to attract strong institutional & retail interest.
Comprehensive Main Board IPO Solutions
BSMART offers a full spectrum of services to support businesses through every stage of a Main Board IPO.
Here’s how we support your success:
IPO Readiness Health Check
An IPO is a transformative step, but is your business ready for the big leap? Our pre-IPO health check dives deep into your company’s objectives, financial position, and market potential to determine if going public aligns with your goals. We evaluate:
Alternative Strategies
Exploring other funding options like private equity fundraise or structured debt that may better suit your current stage or industry.
Business Goals
Assessing whether the additional regulatory, operational, and financial commitments of an IPO align with your company’s long-term vision.
Growth Readiness
Reviewing your growth plans, governance structure, and operational systems to ensure they meet the demands of public investors.
Pre-IPO Planning
Setting the stage for a successful IPO requires more than ticking off regulatory checklists. It’s about building a solid foundation that reflects your company’s vision and potential. Our pre-IPO planning services are designed to create lasting value and ensure you’re IPO-ready in every sense:
Strategic Tax Planning
A thoughtful approach to tax planning can optimise outcomes for both shareholders and the company. We focus on strategies to minimise tax burdens while ensuring compliance, taking into account shareholder expectations, dividend structures, and cross-border operations.
Streamlining Group Structure
A well-organised group structure signals operational readiness to investors. We assess the alignment between your company’s subsidiaries, parent entities, and joint ventures to create a structure to maximize value and transparency.
Corporate Governance for Trust
A strong governance framework instils confidence in stakeholders. We help you define clear roles for the board of directors, establish key committees, and implement policies that promote accountability and ethical practices—key factors for long-term success in the public market.
Business Modelling and Valuation
Arriving on valuations through financial models is important before commencing your IPO journey. We work with you to highlight your growth drivers, revenue streams, and market potential, presenting a narrative that sets you apart from competitors.
External Stakeholders Management
An IPO is not a solo journey; it’s a collaborative effort that requires seamless coordination with external stakeholders. Managing these relationships effectively can make your IPO a success. Our services ensure alignment and clarity at every stage by focusing on:
Building Strong Partnerships with Merchant Bankers
Engaging With Bankers to the Issue & Underwriters
Coordinating with Legal and Regulatory Authorities
Managing Communication with Market Maker
Accounting, Secretarial, and Regulatory Compliances
Ensuring your company meets all financial, secretarial, and regulatory standards is critical to a successful IPO. Our comprehensive services streamline these processes, enabling your business to focus on growth while we handle the technicalities.
Conversion to Ind AS
Transitioning to Indian Accounting Standards (Ind AS) is a crucial step to ensure compliant financial reporting. We assist in adapting your accounting systems, ensuring accuracy, and avoiding compliance pitfalls.
Restatement of Financial Statements
Historical financial statements often require adjustments to meet IPO standards. We provide end-to-end support in restating your financials, ensuring they accurately reflect your company’s performance and comply with regulatory expectations.
Comprehensive Reporting Solutions
IPOs demand robust reporting that meets investor and regulatory needs. We review prospectus and its contents (better narrative, factual accuracy, etc.). Also maintain other records enabling smooth liaising with external stakeholders.
Internal Controls & Process Enhancements
Strong internal controls signal stability and preparedness to investors. We assess, refine, and implement systems that ensure accountability and transparency across your operations.
IPO Project Management
Executing a successful IPO requires meticulous planning and coordination across multiple phases. Our IPO project management services offer comprehensive support, ensuring your journey from preparation to listing is seamless and efficient.
End-to-End Filing Support
Navigating the filing process requires accuracy and attention to detail. We assist in preparing and submitting all required documentation, including draft prospectuses, regulatory filings, and compliance reports, ensuring that nothing is overlooked.
Timeline Management
The IPO process is time-sensitive, with strict deadlines that must be met at every stage. We create and manage detailed project timelines, keeping all stakeholders aligned and ensuring milestones are achieved without delays.
Stakeholder Coordination
From underwriters to auditors and regulatory authorities, we ensure smooth collaboration between all involved parties. Our team acts as a central point of communication, addressing queries and resolving bottlenecks promptly.
Regulatory & Listing Compliance
Meeting the requirements of stock exchanges and regulatory bodies is crucial for a successful listing. We guide you through these requirements, ensuring adherence to all protocols and minimising the risk of last-minute hurdles.
Pre-Listing Preparation
We assist with roadshows, investor presentations, and final audits to ensure your business is fully prepared for its public debut. Our hands-on approach keeps every aspect of the IPO process on track, allowing you to focus on running your business.
