IPO Consulting for SME &
Mainboard

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We guide companies through the entire IPO journey with a structured, compliant and execution-focused approach.

overview

An IPO is a major milestone that strengthens a company’s credibility, visibility and access to long-term capital. Our team helps businesses understand their IPO readiness, plan the complete process and manage all steps required for listing on SME and Mainboard exchanges.

From feasibility analysis and DRHP drafting to due diligence and coordination with merchant bankers, regulators and auditors, we ensure that every stage is handled with clarity, accuracy and professional execution.

Key Services 

Pre IPO
Preparation

Assessment of the company’s business model, financials, governance and readiness for the listing process.

IPO Strategy and Feasibility Analysis

Evaluation of market conditions, potential valuation, issue size, investor appetite and listing viability.

Company Structuring and Compliance Checks

Review of shareholding, corporate structure, statutory compliance and internal processes to meet listing requirements.

DRHP
Drafting

Preparation of the Draft Red Herring Prospectus with detailed disclosures, business information, risk factors and financial data.

Internal Due Diligence Support

Coordination with auditors, lawyers and merchant bankers to ensure all documents and disclosures meet regulatory expectations.

Key Services 

Clear understanding of IPO
readiness

Well-prepared DRHP and supporting
documents

Strong documentation and compliance
foundation

Smooth coordination with merchant
bankers and regulators

Client
Benefits

Reduced delays and higher execution
certainty

Trusted guidance from experienced
CA-led teams

Client
Benefits

Clear understanding of IPO readiness

Strong documentation and compliance foundation

Smooth coordination with merchant bankers and regulators

Well-prepared DRHP and supporting documents

Reduced delays and higher execution certainty

Trusted guidance from experienced CA-led teams

service 1

Prepare your IPO with a team that brings clarity, structure and strong execution.

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Frequently asked
questions

Lorvet provides end-to-end IPO advisory, including: 

  • DRHP (Draft Red Herring Prospectus) and RHP preparation and filing 
  • Liaison with SEBI, stock exchanges, and merchant bankers 
  • Stakeholder coordination and project management 
  • Listing assistance and compliance support 
  • Post-listing compliance and reporting 
  • SME IPO: Designed for small and medium enterprises with post-issue paid-up capital up to ₹25 crores. Listed on platforms like NSE Emerge and BSE SME with relaxed eligibility norms. 
  • Mainboard IPO: For large, established companies with paid-up capital above ₹10 crores. Requires higher financial thresholds and operates under stricter regulations. 
  • Minimum paid-up capital of ₹1 crore (not exceeding ₹25 crores post-issue) 
  • Minimum turnover of ₹10 crores in the latest financial year 
  • At least 25% of post-issue capital offered to the public 
  • Promoters must lock in a minimum of 20% of post-issue capital for three years 

The QIB (Qualified Institutional Buyers) route allows companies not meeting standard profitability norms to raise funds, provided 75% of the issue is offered to institutional investors such as mutual funds, insurance companies, and pension funds.

  • DRHP (Draft Red Herring Prospectus): The preliminary document submitted to SEBI, outlining company financials, operations, and risks without final pricing details. 
  • RHP (Red Herring Prospectus): The updated and approved version, including price band, issue size, and offer details, published before the IPO opens. 
  • SME IPO: Typically 3–6 months from preparation to listing 
  • Mainboard IPO: Usually 6–8 months depending on readiness, approvals, and market conditions 

Typical cost breakdown: 

  • Merchant Banker Fees: ₹30–40 lakhs 
  • Legal Advisor Fees: ₹2 lakhs 
  • Auditor & Professional Fees: ₹10–15 lakhs 
  • Exchange & Listing Fees: ₹50,000–₹1.5 lakhs 
  • Advertising & Printing: ₹2.5–4 lakhs 
  • Advisory Fees: Around 2–3% of issue size 

Quarterly: Financial results, shareholding pattern, investor grievance statement, and corporate governance report 
Half-Yearly: Related party transaction disclosures and share transfer compliance certificate 
Annually: Audited financial statements, annual report, and secretarial compliance report 

Get in Touch

Office Locations  :

Business Hours  :

Monday to Saturday : 
10:00 AM to 7:00 PM 

Closed on Sundays and public holidays

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