Question

Which of the following is NOT a requirement for an SME

Q: Answer-Which of the following is NOT a requirement for an SME to issue an IPO and get listed on the exchang...

The requirement for the face value of the post-issue paid-up capital is capped at 25 Crore, not 50 Crore. This makes o ption D the incorrect statement. All other listed criteria are part of the eligibility requirements for an SME to issue an IPO and get listed.

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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Which of the following is NOT a requirement for an SME

Solution