Is Your Company IPO‑Ready?
A 30-second indicative check against the core SME platform thresholds. Move the sliders, see the verdict, and send your numbers to an advisor for a detailed assessment.
- Post-issue paid-up capital up to ₹25 CrNot entered yet
- 3-year operating track recordNot entered yet
- EBITDA of ₹1 Cr+ in at least 2 of the last 3 yearsNot entered yet
- Positive net worthTick if this applies
- No SEBI debarment or wilful-defaulter tagTick if this applies
- Positive FCFE in 2 of the last 3 years · NSE EmergeTick if this applies
Indicative only — not a determination of eligibility. Exchange norms change with SEBI circulars.
What the exchanges look for
Post-issue paid-up capital
Up to ₹25 crore for the SME platform. Above that, the Main Board route applies.
Track record
At least three years of operations, evidenced by audited financial statements.
Operating profit (EBITDA)
At least ₹1 crore from operations in two of the three preceding financial years.
Net worth
Positive net worth. Exchanges may set additional thresholds on net tangible assets.
Free cash flow to equity
NSE Emerge looks for positive FCFE in at least two of the last three financial years.
Clean record
No SEBI debarment or wilful-defaulter tag for the company, promoters or directors.
Close to the line? Let's talk.
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