FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Can a newly incorporated SME issue IPO?

No, a newly incorporated company cannot issue SME IPO. The eligibility criteria of the SME exchange at BSE and NSE require an SME to have atleast 3 years of operating history to launch SME IPO in the market. A newly incorporated SME who has not yet completed 3 years since its incorporation is not eligible to offer shares to the public via IPO.

Answered on

I Like It.

  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

User Reviews