IPO Karo | Public Ho Jana

The Odyssey of Ambition

From a private dream to a public phenomenon.

PHASE 01

Private Limited

"Sirf dost aur family"

The seed stage. Money is scarce, but ambition is infinite. The hustle begins here.

PHASE 02

The Capital Call

"Expansion ke liye paisa & Debt-Free hona"

Expansion demands massive funds. Public capital also allows you to **retire all existing debt** and build a solid foundation.

PHASE 03

Compliance & Storytelling

"Permission lena"

Mastering the compliance dance with SEBI. Your DRHP is the script for your market debut.

THE FINAL STAGE

IPO Launch

"Public bani partner"

The moment of market entry. The bell rings. Your Danka is heard across Dalal Street.

The IPO Roadmap: From Idea to Listing

IPO is a marathon, not a sprint. We manage the complexity, you focus on growth.

We specialize in both Main Board (BSE/NSE) and SME (Emerge) IPOs.

The DRHP Filing Flow

Visualizing the 18-24 month journey (Main Board).

1. Preparation & Due Diligence

2. DRHP Filing (The Script)

3. SEBI Vetting & Approval

4. Roadshows & Book Building

5. RHP Filing

6. Exchange Listing (Bell Ring)

7. Post-Issue Compliance

8. Market Stabilization

SME Eligibility Filter (Emerge/SME)

Meet these minimum standards before pursuing the fast track.

**Net Tangible Assets:** Minimum ₹1 Crore (as per the last audited balance sheet).
**Track Record:** At least 3 years of operating history in the same business line.
**Net Worth:** Positive Net Worth for at least the last two financial years.
**Paid-up Capital:** Post-issue capital must **not exceed ₹25 Crores**.
**Pre-Tax Operating Profit:** Positive operating profit in **2 out of the last 3** financial years.

What a Promoter Truly Wants

We manage the four biggest concerns: Control, Cash, Compliance, and Legacy.

Control Dilution Strategy

We minimize dilution by optimizing issue size, ensuring promoters retain significant, long-term control post-listing.

Liquidity & Personal Security

Structured Offer for Sale (OFS) and IPO capital ensures the company is Debt-Free and promoter wealth is partially realized.

Minimized Personal Liability

Flawless compliance and legal due diligence to protect promoters from personal scrutiny and liability post-listing.

The Eternal Public Legacy

We orchestrate a massive market reception, cementing the promoter's vision as a permanent national financial institution.

"Risk hai toh Ishq hai"

This is the heart of the entrepreneur. We turn that risk into a calculated triumph.

The Liquidity Matrix: Promoter Exit Strategy

The plan to convert your shares into cash (OFS) and manage mandatory lock-in periods post-listing.

Lock-in Period Strategy

**The Mandate:** Promoters must typically hold a minimum of 20% of the post-issue share capital for 18 months, with the remainder locked in for 6 months.

**Our Strategy:** We provide clear timelines for when your shares become liquid, enabling structured, planned sales post-lock-in.

Liquidity starts after 6/18 months.

Offer for Sale (OFS) Planning

**The Opportunity:** A mechanism to allow promoters to sell some of their existing shares during the IPO process itself, providing immediate capital.

**Our Strategy:** We optimize the OFS component, balancing the need for immediate promoter liquidity with investor perception regarding the issue size.

OFS = Promoter shares sold to public.

Post-IPO Secondary Sales

**The Long Game:** Selling residual shares after the lock-in expires is essential for wealth diversification and promoter exit.

**Our Strategy:** We advise on market timing and block deal structuring to sell large volumes of shares without negatively impacting the stock price.

Block Deals / Timing the Market.

The IPO Scorecard: What the Market Demands

The unwritten rules for a successful listing. We prepare you to meet these targets, not just the minimum compliance.

Pre-IPO Growth

> 30% YoY

Minimum expected revenue growth rate to justify a premium valuation.

Investor Hype

> 10x Total

The goal for oversubscription to ensure maximum demand and successful debut.

Main Board Scale

> ₹100 Crore

Typical minimum issue size targeted by strong merchant bankers for the Main Board.

Listing Day Triumph

> 15% Gain

The minimum listing pop we aim to deliver for the founders and shareholders.

The Valuation Edge: Metrics That Matter

Investors don't buy a story; they buy numbers. We optimize the ratios that justify your premium price.

P/E Ratio (Price-to-Earnings)

**What it is:** The price investors are willing to pay for every rupee of your annual profit.

**Our Edge:** We benchmark your P/E against global leaders, not just domestic competitors, to justify a higher *Dominant Valuation*.

P/E = Market Price / Earnings Per Share

EV/EBITDA

**What it is:** Measures the company's operational profitability relative to its total enterprise value (crucial for capital-intensive firms).

**Our Edge:** We highlight future operational efficiencies and margin expansion in the DRHP to lower this ratio, making the stock more attractive.

EV/EBITDA (Lower is better)

RoE (Return on Equity)

**What it is:** How effectively your management generates profit from the equity invested by shareholders.

**Our Edge:** High RoE signals confidence. We structure the capital raise to ensure your post-IPO RoE remains a market leader.

RoE = Net Income / Shareholder Equity

The Architect of Triumph

The confidence of the Big Bull, steering your company to public success.

Madhav Maheshwari

Managing Partner & CEO, IPO Karo

"The market respects authority. We make sure you speak its language perfectly and command the attention your vision deserves."

How We Ensure Triumph

We don't just process filings. We act as your partners across the five phases of market entry and growth:

The Architect (Pre-IPO)

Restructuring, audit coordination, and legal due diligence to transform your company into a public-market ready enterprise.
The Strategist (Valuation)

Determining the **Dominant Valuation** and price band, balancing capital maximization with market reception strategy.
The Shield (Regulatory)

Flawless management of the DRHP/RHP filings and liasioning with SEBI to secure approvals without delays or setbacks.
The Narrator (Market Placement)

Crafting the Grand Narrative and executing global roadshows to generate overwhelming investor demand.
The Guardian (Post-Listing)

Providing continuous Investor Relations (IR) and compliance support to maintain market stability and long-term investor confidence.

The Full Capital Strategy

IPO (Initial Public Offering)

The first public entry. Converting a private company into a listed entity for massive capital and prestige.

FPO (Follow-on Public Offer)

For already listed companies to issue new shares and raise additional equity capital from the public.

QIP (Qualified Institutional Placement)

A faster route for listed companies to raise funds directly from QIBs (banks, funds, FIIs) without heavy paperwork.

Rights Issue

Issuing new shares to existing shareholders, typically at a discount, to raise capital while maintaining equity control.

Post-Listing IR

Quarterly IR, analyst calls, and continued compliance.

Investor Acquisition

Targeting strategic retail and institutional investors.