SEBI has provided certain guidelines for SME for the purpose of listing. These are mentioned below:
- The maximum Post Issue paid-up capital of the company shall be Rs. 25 crores.
- The minimum number of prospective allottees shall be atleast 50. After listing no such minimum number of members required to be continued.
- Mandatory Market making for at least 3 years.
- The issue shall be 100% underwritten and the merchant bankers shall underwrite 15% on their own account.
- The minimum application and trading lot size shall not be less than Rs. 1,00,000/-.
