Main Board IPO
Unlocking True Potential through Main Board IPOs
For enterprises operating at scale with proven business fundamentals and aiming for broader investor visibility, a Main Board IPO offers the ideal springboard.
Our main board IPO advisory expertise covers:
- Optimal issue structuring aligned to business maturity, peer comparisons and intrinsic value enhancement potential
- Initiating investor engagement 6-12 months prior through teasers, 1-on-1 meetings, pre-IPO equity allotment
FAQ
FAQs on Main Board IPO
- Company should have net tangible assets of at least Rs 3 crores in each of the preceding 3 full years (or average pre-issue tangible assets of at least Rs 15 crores)
- Minimum average pre-tax operating profit of Rs 15 crores during the preceding 3 years with no losses
- Net worth of at least Rs 1 crore in each of the preceding 3 full years
The minimum IPO size is Rs 10 crores for Main Board. Most companies look to raise between Rs 100-1,000 crores through Main Board IPOs.
The entire process from appointment of merchant bankers to listing takes around 6-9 months in most cases. Activities like DRHP filing, roadshows, pricing and issuance may take around 3-4 months.
Main Board IPO valuation depends on financial growth, profitability, industry benchmarks and investor appetite. The IPO is priced through book building process generally around 25-50x PE multiples.
