https://www.taxtmi.com/circulars?id=58217 Listing on an Institutional Trading Platform permits SMEs and start-ups to list specified securities on an SME Exchange without making an initial public offering, accessible only to informed investors. Eligible companies must meet fitness criteria, financial vintage and size limits, and demonstrate minimum investments from specified investor categories. Listed companies cannot undertake public offers while on ITP, may raise capital only by private placement or restricted rights issues, must maintain minimum promoter shareholding locked-in for a period, and are subject to prescribed exit, delisting and disclosure liabilities. en-us Thu, 24 Oct 2013 00:00:00 +0530 Wed, 12 Dec 2018 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58217 Listing on an Institutional Trading Platform permits SMEs and start-ups to list specified securities on an SME Exchange without making an initial public offering, accessible only to informed investors. Eligible companies must meet fitness criteria, financial vintage and size limits, and demonstrate minimum investments from specified investor categories. Listed companies cannot undertake public offers while on ITP, may raise capital only by private placement or restricted rights issues, must maintain minimum promoter shareholding locked-in for a period, and are subject to prescribed exit, delisting and disclosure liabilities. Circulars SEBI Thu, 24 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58217