Is your company ready to go public?
We help Indian companies take the first honest look at an IPO — then introduce the ones worth pursuing to SEBI-registered merchant bankers who can take it from there.
Companies that listed at this scale
These aren't large corporates — they're small businesses that listed with revenue and profit many owners would assume is too modest for an IPO. Figures are the last full year reported in each company's own prospectus, before listing.
The numbers people ask about first
Eligibility, timelines and cost vary by route. Here is the range most companies work with, before their appointed merchant banker confirms specifics.
01 Which companies qualify for an IPO? 2 of 3 yrs profitable
SME IPO — profitability in 2 out of the last 3 years.
Main Board — average operating profit of ₹15 crore over 3 years.
02 How long does the process take? 3–12 months
SME IPO — approximately 3–5 months.
Main Board IPO — approximately 8–12 months.
03 What documents are needed to explore eligibility? 3 yrs audited
- Last 3 years of audited financial statements
- Shareholding structure and details
04 What does an IPO cost, roughly? ₹50L – ₹5cr
SME IPO — approx. ₹50 lakh to ₹1 crore.
Main Board IPO — approx. ₹2 crore to ₹5 crore, depending on issue size.
05 What can the funds raised be used for? 7 permitted uses
- Working capital requirements
- Repaying existing debt, where permitted
- Research and development
- General corporate purposes
- Expansion into new markets or product lines
- Equipment or technology
- Strategic partnerships or acquisitions, where permitted
06 Not ready for an IPO, but need funds? Other routes exist
A company that isn't currently suited to an IPO may explore other funding options with appropriately qualified financial professionals.
07 Is an SME IPO restricted to certain sectors? Sector-agnostic
Companies from a wide range of sectors may explore an IPO, subject to applicable eligibility requirements and regulations. The appointed merchant banker determines final eligibility.
What we do — and what we deliberately don't
We are an independent lead-generation and introduction platform, not a SEBI-registered intermediary. Knowing the difference matters, so here it is in plain terms.
What we do
- Understand your business, financial profile and fundraising objective
- Give an honest initial view on whether an IPO is worth exploring
- Facilitate an introduction to a SEBI-registered merchant banker
- Work with companies across India, SME and Main Board
What we don't do
- Issue management, underwriting or valuation
- Due diligence, offer documents or regulatory filings
- Investment advice or securities recommendations
- Any regulated service reserved for SEBI-registered intermediaries
From first conversation to independent evaluation
Initial discussion
We learn about your business, financials and why you're considering raising capital. No cost to you.
Preliminary view
Based on what you share, we form an initial view on whether an IPO route is worth pursuing further.
Merchant banker introduction
Where appropriate, we introduce you to a SEBI-registered merchant banker suited to your size and sector.
Independent evaluation
The merchant banker independently evaluates suitability, structure and next steps. You decide whether to proceed.
Start with a conversation, not a commitment.
Fifteen minutes to tell us about your company. No fee, no obligation, and you keep full control of what happens next.