https://www.taxtmi.com/acts?id=33630 Eligibility for an initial public offer hinges on post-issue paid-up capital thresholds, SME Exchange eligibility, and specified track-record and financial-statement conditions for entities converted from proprietorships, partnerships or LLPs and for issuers formed by merger or division. Relevant financial statements must be restated in the Companies Act, 2013 format, comply with Schedule III disclosures, and be certified by auditors holding an ICAI peer review certificate. Issuers converted to companies must exist for at least one full financial year before filing, a one-year wait applies after major promoter changes, and a minimum operating-profit test over two of the three preceding years applies. en-us Fri, 21 Dec 2018 14:26:31 +0530 Wed, 12 Mar 2025 13:11:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33630 Eligibility for an initial public offer hinges on post-issue paid-up capital thresholds, SME Exchange eligibility, and specified track-record and financial-statement conditions for entities converted from proprietorships, partnerships or LLPs and for issuers formed by merger or division. Relevant financial statements must be restated in the Companies Act, 2013 format, comply with Schedule III disclosures, and be certified by auditors holding an ICAI peer review certificate. Issuers converted to companies must exist for at least one full financial year before filing, a one-year wait applies after major promoter changes, and a minimum operating-profit test over two of the three preceding years applies. Act-Rules SEBI Fri, 21 Dec 2018 14:26:31 +0530 https://www.taxtmi.com/acts?id=33630