With the pace of time it would be rather easy for a Company incorporated under Companies Act, 2013 (erstwhile Companies Act,1956), to get it listed at BSE-SME. There are few major requirements to be fulfil for this purpose.
Financials
Post Issue Paid up Capital
The post-issue paid up capital of the company shall be at least Rs. 3 crore.
Networth
Net worth (excluding revaluation reserves) of at least Rs.3 crore as per the latest audited financial results.
Net Tangible Assets
At least Rs.3 crore as per the latest audited financial results.
Track Record
Distributable profits in terms of Section 123 of the Companies Act 2013 for at least two years out of immediately preceding three financial years (each financial year has to be a period of at least 12 months).
Extraordinary income will not be considered for the purpose of calculating distributable profits.
Or
The net worth shall be at least Rs.5 crores.
Other Requirements
It is mandatory for a company to have a website.
It is mandatory for the company to facilitate trading in demat securities and enter into an agreement with both the depositories.
There should not be any change in the promoters of the company in preceding one year from date of filing the application to BSE for listing under SME segment.
Disclosures
A certificate from the applicant company / promoting companies stating the following
a) " The Company has not been referred to the Board for Industrial and Financial Reconstruction (BIFR)."Β
Note:Β Cases where company is out of BIFR is allowed.
b) There is no winding up petition against the company, which has been admitted by the court or a liquidator has not been appointed.
Regards~
CS Ashish Khandelwal
+91-9462751530
eChai Partner Brands
eChai Ventures partners with select brands as their growth partner, helping them expand market reach, drive revenue growth, amplify brand visibility, and strengthen hiring efforts.
Creative and Marketing Agencies
Event Marketing
Cloud Telephony
Developer Tools
Customer Engagement Platform
Climate Tech
D2C Brands
Marketing Automation
Web and Mobile Development
Blockchain Development
FoodTech
Healthcare
IT Hardware
FMCG Food and Retail
Coworking Spaces
ERP
Marketing Tools
HR Tech and Agencies
Legal
Ventrue Studio
FinTech and Financial Services
Investment Banking
Employment Laws
CoLiving
Creative and Marketing Agencies
Event Marketing
Cloud Telephony
Developer Tools
Customer Engagement Platform
Climate Tech
D2C Brands
Marketing Automation
Web and Mobile Development
Blockchain Development
Healthcare
FMCG Food and Retail
Coworking Spaces
Marketing Tools
HR Tech and Agencies
Legal
Ventrue Studio
-
USP: We incubate and accelerate independent and integrated tech businesses.
FinTech and Financial Services
Investment Banking
Employment Laws