What is an SME IPO?

An SME IPO or Small and Medium Enterprises Initial Public Offering is a mechanism whereby small firms can raise funds from the public by getting their shares listed on SME exchange platforms of such bourses as NSE Emerge and BSE SME. It facilitates access to funds by companies and also enhances their credibility as well as visibility in the market.
Why Legal Dalal for SME IPO?
- Expert Guidance at Every Step: From drafting the red herring prospectus to fulfilling SEBI and stock exchange requirements, Legal Dalal’s experts provide turnkey services, ensuring that the IPO experience is seamless.
- Comprehensive Services: We offer documentation, due diligence, valuation, structuring, and regulatory compliance services for SME IPOs. Underwriting, book-building, or post-IPO compliance, we have it all covered.
- Inexpensive Solutions: We provide SME IPO advisory at competitive costs so that small businesses are able to mobilize funds from the public market.
- Individualized Strategies: Every company is different, and so is its path to an IPO. We offer tailored solutions that suit your business requirements, so you can successfully list.
Our SME IPO Services
SME IPO Advice:
Legal Dalal offers professional advisory on the whole SME IPO process, assisting companies in comprehending listing requirements, eligibility criteria, and compliance requirements.
Drafting & Documentation:
Our professionals draft all the documents that are required, such as the Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP), offer letters, and investor presentations.
SEBI & Stock Exchange Compliance:
We make sure your business complies with all SEBI laws and stock exchange regulations to complete the IPO legally and without any hurdles.
Financial & Legal Due Diligence
We perform extensive due diligence to confirm financial statements, legal agreements, and corporate governance arrangements to increase transparency and investor confidence.
IPO Structuring & Valuation:
Our experts help in setting the correct valuation, share price, and capitalization to maximize the capability for raising capital.
Underwriting & Listing Support:
We work in association with merchant bankers, underwriters, and stock exchanges to achieve a successful IPO listing.
Advantages of SME IPO
- Access to Capital: An SME IPO allows companies to raise substantial amounts of funds without depending exclusively on debt finance.
- Improved Brand Awareness: Being a listed company increases brand awareness, credibility, and reputation in the marketplace.
- Improved Growth Opportunities: With more financial resources, SMEs can increase their operations, invest in research and development, and venture into new markets.
- Liquidity for Investors: Going public provides investors, including early backers, an opportunity to sell off their shares on the share market.
- Tax Benefits & Marketability: listed companies have superior tax structuring and greater marketability for subsequent fundraising rounds.
SME IPO Process
- First Consultation: We examine your business model, finances, and SME IPO fit.
- Preparation of Documents: Our professionals draft and submit such documents to SEBI and stock exchanges.
- Regulatory Approvals: We help in securing approvals from SEBI and other concerned authorities.
- IPO Structuring & Pricing: We assist in determining share price, issue size, and book-building process.
- Public Offering & Listing: After approval, the shares are issued to the investors, and the company is listed on NSE Emerge or BSE SME.
- Post-IPO Compliance: We remain in accordance with post-IPO disclosure and reporting obligations.
Documents Needed for SME IPO
- Business Incorporation Documents (MOA, AOA, Incorporation Certificate)
- Financial Statements (Audited reports of the last 3 years)
- SEBI Compliances & Approvals
- Corporate Governance Policies
- Tax & Legal Compliance Reports
- Supply Documents & Draft Red Herring Prospectus (DRHP)
Why Legal Dalal for SME IPO?
SME IPO Registration with Legal Dalal is simple. Here’s the step-via-step process:

Industry Professionals
Having experience in SME IPOs for many years, we provide a seamless and legally sound listing process.

Successful & Prompt Implementation
Our team ensures that all the IPO formalities are completed within the specified time frame.

Committed Support
We offer customized care, ensuring that your IPO experience is seamless and successful.

One-Stop Solution
From IPO filing to post-listing compliance, we do it all under one roof.