Question

Which of the following is NOT a requirement for an SME to issue an IPO and get listed on the exchange under the specified eligibility criteria?  

A The SME must have a face value (post-issue paid-up capital) of up to ₹25 Crore
B The SME must have a minimum of three years of track record if it was converted from a partnership, proprietorship, or LLP
C The SME must maintain a minimum paid-up capital of ₹50 Crore after the issue
D The SME must have net tangible assets worth at least ₹1.5 Crore
E The SME should have a website and agree to trade in Demat securities
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