Navigate the eligibility metrics, choose the optimal listing platform, and build a transaction-ready company for India's SME exchanges.
Both routes sit under SEBI’s SME chapter. The mistake we see: promoters pick an exchange for prestige, then discover the cash-flow or asset checklist does not fit. Start with numbers, then choose.
Yaniva helps with eligibility assessment, clean-up, governance & MIS, and introductions to SEBI-registered merchant bankers — we are not the banker. Decision map: BSE SME vs NSE Emerge. Rules: SEBI SME listing requirements. Prep path: IPO readiness.
Details on listing rules, post-issue capital limits, and promoter lock-ins.
Both are SME platforms under SEBI’s framework. Shared pieces include the post-issue capital ceiling and the tightened profitability bar. Differences sit in exchange checklists — NSE Emerge, for example, puts more weight on free cash flow to equity. Fit the platform to your numbers, not to neighbour folklore.
Start with SEBI’s SME chapter (including the ~₹1 crore operating profit test in two of three years) and post-issue capital within the SME band. Then clear the exchange you choose. Full map: our eligibility and SEBI guidelines pages — always verify live circulars with your banker.
Fix books, related parties, MIS and board habits before you light money on a merchant banker. Diligence fails when history is soft. Readiness first; issue process second.