Start-ups, SMEs may be allowed to get listed without IPO
MUMBAI: Start-up companies and SMEs may soon be able to get listed on the stock exchanges without launching an Initial Public Offer (IPO), but trading in their shares would be restricted to only 'informed' investors. However, the companies desirous of getting listed without IPO would need to have prior investments by entities like venture capital funds, merchant banks, domestic or global multi-lateral lending agencies and other institutional investors. Besides, the SMEs and start-up companies Read more [...]