https://www.taxtmi.com/acts?id=33631 Regulation 230 requires SME IPO issuers to apply to and designate an SME exchange, enter into a depository agreement for dematerialisation, and ensure partly paid shares are fully paid or forfeited. Specified securities held by promoters, promoter group, selling shareholders, directors, key managerial personnel, senior management, qualified institutional buyers, employees, regulated entities and other prescribed categories must be dematerialised before filing the draft offer document. Issuers must have firm arrangements for seventy-five percent of the stated means of finance for the project from verifiable sources, disclose bank/financial institution sanction details when applicable, and comply with limits on offer for sale, repayment of certain loans, and caps on amounts for general corporate purposes and unidentified acquisitions. en-us Fri, 21 Dec 2018 14:26:53 +0530 Fri, 12 Sep 2025 11:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33631 Regulation 230 requires SME IPO issuers to apply to and designate an SME exchange, enter into a depository agreement for dematerialisation, and ensure partly paid shares are fully paid or forfeited. Specified securities held by promoters, promoter group, selling shareholders, directors, key managerial personnel, senior management, qualified institutional buyers, employees, regulated entities and other prescribed categories must be dematerialised before filing the draft offer document. Issuers must have firm arrangements for seventy-five percent of the stated means of finance for the project from verifiable sources, disclose bank/financial institution sanction details when applicable, and comply with limits on offer for sale, repayment of certain loans, and caps on amounts for general corporate purposes and unidentified acquisitions. Act-Rules SEBI Fri, 21 Dec 2018 14:26:53 +0530 https://www.taxtmi.com/acts?id=33631