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    <title>ELIGIBILITY REQUIREMENTS FOR INITIAL PUBLIC OFFER ON MAIN BOARD</title>
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    <description>Eligibility for main board initial public offers sets issuer qualifications and ineligibilities, requires minimum asset, profit and net worth benchmarks, continuity of business after name changes, and conditions for using book-building with mandated institutional allocation. Pre-filing obligations include obtaining in principle listing approval, depository agreements, dematerialization of promoters&#039; holdings, resolution of partly paid shares, and verifiable financing for the majority of project costs. Additional offer-for-sale rules address minimum seller holding periods, sectoral exceptions, and limits plus lock in for large shareholders under book-building.</description>
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