Best IPO listing Services in Nagpur

Cost Structure

Savings in Cost of Raising an IPO through SME platform

Sr. No	Particulars	Cost on Main Board	Cost on SME Platform	Minimum Savings in Cost
1	Need for SEBI Approval & fees	SEBI approval for DRHP is a preliminary condition for IPO Fees:- Based on Issue Size Min – Rs. 25,000/- Max – Rs. 3,00,00,000/-	SEBI approval has been waived off. Hence this cost is eliminated	Rs. 25,000/-
2	Need for In principle approval of stock exchanges & fees	There is requirement to seek in-principle approval of stock exchanges where the shares are proposed to be listed post IPO. Processing Fees:- 0.05 % of issue size. Min – Rs. 50,000/- Max – Rs. 25,00,000/-	In-principle approval of stock exchanges has been waived off. Hence this cost is eliminated.	Rs. 50,000/-
3	Initial Listing Fees (BSE)	Rs. 20,000/-	Rs. 50,000/-	(Rs. 30,000)
4	Annual Listing Fees (BSE)	Based on paid up capital Min – Rs. 2,00,000/- upto listed capital of Rs. 150 crores	Based on Market Capitalization Rs. 25,000/- upto or 0.01% of full market capitalization, whichever is higher	Rs. 1,75,000/-
5	Fees for using the Book Building Software	Not Applicable	Based on Issue size:- Upto Rs. 10 crores – 1 lakhs Above Rs. 10 crores – 1.5 lakhs
	Total			Rs. 2,20,000/-

Sr. No.	Procedure	Timeline
1.	Conversion of Company into Public Limited Company, if applicable	X
2.	Preparation of Documents for conversion and submission to ROC for approval i.e. Alteration of Memorandum, Articles & filing of necessary forms for appointment of aforesaid directors	X+5
3.	ROC approval accorded for conversion	X+7
4.	Identification & appointment of Registrar & Transfer Agents & Submission of Master Creation forms with NSDL, CDSL for establishing connectivity	X+7
5.	Appointment of Managing Director, Whole Time Director, Independent Directors, Company Secretary & deciding about their remuneration, sitting fees etc.	X+12
6.	Constitution of committees - Audit, Shareholder Grievance, Remuneration etc. As per SEBI Listing Obligations and Disclosure Requirements Regulations	X+15
7.	Preparation of website of the Company & hosting code of conduct on the website	X+18
8.	Signing of Tri-Partite Agreement with NSDL & CDSL and receipt of ISIN	X+18
9.	Identification & appointment of peer review auditors & getting the financials of last 5 years restated and for last 1 year re-audited from peer review auditors as per SEBI (ICDR) Regulations, 2009	X+18
10.	Appointment of Merchant Banker & Market Maker	X+18
11.	Preparation of Project Report and Draft Red Herring Prospectus (DRHP) / Prospectus	X+35
12.	Filing of Draft Red Herring Prospectus (DRHP) with stock exchange & SEBI (only for hosting)	X+35
13.	Visit to registered office of the Company by BSE officials and promoters interview with Listing Advisory Committee	X+55
14.	In Principle approval from stock exchange	X+65
15.	Filing of Draft Red Herring Prospectus (DRHP) with ROC & getting it cleared from ROC	X+70
16.	Filing of Final Prospectus with Stock exchange and SEBI	X+75
17.	Opening of the Issue	X+80
18.	Closing of the Issue	X+83
19.	Allotment of shares	X+90
20.	Filing of listing application with Stock exchange	X+93
21.	Receipt of listing approval from Stock exchange	X+95
22.	Filing of corporate action form with NSDL & CDSL and demat credit of shares	X+96
23.	Filing of trading application with Stock exchange	X+98
24.	Receipt of trading approval from Stock exchange	X+100

Cost Structure

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