• Readiness Assessment: Evaluate your business—revenue, profit, governance, internal controls—to check alignment with GIFT City and global stock exchange standards.
• Gap Analysis: Highlight deficiencies in audit readiness, financial statements, corporate structure, and SEBI/IFSCA criteria.
• Listing Route Strategy: Determine if you'll pursue a direct listing in GIFT IFSC, overseas depository receipts (ADRs/GDRs), or dual listing abroad.
• Companies need ≥ $20 million revenue and ≥ $1 million pre-tax profits, plus a minimum post-issue market cap of $25 million
• Promotional restrictions: no wilful defaulters, fugitive offenders, or barred promoters/directors
• Work through IFSCA and Indian Ministry of Corporate Affairs filings—the LEAP rules, Companies (Amendment) Act 2020, and updates in Jan 2024.
• Audits & Restatements: Align your accounts with global IFRS or IND-AS, suitable for IFSC and international investors.
• Prospectus Drafting: Prepare DRHP in India and adaptations for GIFT City exchanges, detailing risk factors, valuation justifications, and use of proceeds.
• Due Diligence Process: Coordinate with bankers, legal advisors, auditors for SEBI/IFSCA compliance in disclosures.
• Valuation Models: Carry out DCF, comparables, and international benchmarking to define issue price.
• Issue Structure: Define share split (fresh issue vs. OFS), anchor book anchoring, pricing corridors.
• Cross-Currency Considerations: Plan for both INR and foreign-currency-denominated trades – e.g. US dollar listings on IFSC exchanges.
• Merchant Bankers & Legal Panels: Select IFSCA approved merchant banks, legal counsel, auditors, registrars, underwriting partners.
• Board Approvals: Manage board/shareholder resolutions at each stage (DRHP, base prospectus, anchor placement, etc.).
• Single Window Coordination: Assist with IFSCA’s evolving portal to streamline approvals.
• Roadshow Planning: Conduct domestic and international roadshows—Nagpur to New York—targeting global investors, HNIs, institutional funds.
• Materials & IR Framework: Create investor decks, FAQs, and manage media relations and IR pre and post listing.
• Draft Filing to Exchanges: Submit DRHP to SEBI and format filings to GIFT IFSC exchanges (India INX, NSE International).
• SEBI/IFSCA Follow Up: Handle queries, revisions, clearances, and coordinate with both exchange operations teams.
• Listing & Trading Support: Ensure functionality in listing foreign-currency denominated shares.
• Compliance Backbone: Establish processes for continuous disclosure, statutory compliance, board governance, and audit cycles.
• Investor Relations Management: Manage quarterly earnings calls, investor queries, mass communications.
• Market Monitoring: Track stock performance in global markets, advice promoters and institutional stakeholders.
• Converted Jurisdiction: Transactions are dollar-denominated—avoiding rupee conversion friction for foreign investors.
• Global Access: Offers deeper investor pools compared to domestic exchanges, with access to bond, derivatives, and ESG funding.
• IFSC Growth Stage: As of late 2024/early 2025, only a handful of companies were lining up to list, making this a pioneering choice.
MeraIPO robust advisory boutique shepherd your IPO journey from Diagnosis → Documentation → Roadshow → Listing Advice → IR—particularly smoothening international access via GIFT City through recognized merchant banker.