IPO Advisory Services in India
Samagra Advisors LLP is a leading IPO advisory firm in India offering complete pre-IPO, IPO execution and post-listing support to growth companies planning to list on the SME or Main Board platforms of NSE and BSE.
Overview
An Initial Public Offering (IPO) is one of the most defining corporate events in a company's lifecycle. It unlocks capital, enhances brand credibility and creates long-term shareholder value — but only when the readiness, structuring and execution are handled with precision.
Our IPO advisory practice combines financial, legal, secretarial, taxation and capital-market expertise under one roof, allowing promoters and boards to run a single, coordinated IPO process instead of stitching together multiple advisors.
Our IPO Advisory Services
Pre-IPO Readiness & Diagnostic
- •IPO feasibility and eligibility assessment
- •SME IPO vs Main Board IPO route evaluation
- •Corporate and capital structure review
- •Promoter, group and shareholding pattern clean-up
- •Financial, tax and compliance gap analysis
Corporate Structuring
- •Conversion into Public Limited Company
- •MOA / AOA amendments for listing eligibility
- •ESOP structuring, regularisation of past allotments
- •Related party and inter-company transaction rationalisation
- •Corporate governance framework preparation
IPO Execution
- •DRHP / RHP drafting support and vetting
- •Coordination with merchant bankers, legal counsel, auditors, RTA, printers
- •SEBI, ROC, NSE and BSE documentation and filings
- •Due diligence, data room and issue-process coordination
- •Roadshow and investor communication support
Post-Listing Compliance
- •SEBI (LODR) Regulations compliance advisory
- •Ongoing corporate governance and board process advisory
- •Investor grievance and disclosure framework
- •Continuous obligations, quarterly and annual filings
How we work
- 01
Diagnostic
IPO readiness, route selection and gap assessment.
- 02
Structuring
Corporate, capital, tax and governance restructuring for listing eligibility.
- 03
Documentation
DRHP drafting support, due diligence and intermediary coordination.
- 04
Filing & Listing
SEBI observations, roadshows, issue opening and listing.
- 05
Post-IPO
Ongoing LODR, governance and investor-relations compliance.
Why clients choose us
- ✓40+ years of combined promoter-side IPO and capital market experience
- ✓One integrated team across finance, law, tax and secretarial — no hand-off gaps
- ✓Track record across SME IPOs, Main Board IPOs, rights issues and preferential allotments
- ✓Deep working relationships with merchant bankers, auditors, registrars and legal counsel
Challenges we help you navigate
Fragmented advisors
Merchant bankers, auditors, legal counsel, RTAs and secretarial teams often work in silos, leaving promoters to coordinate — creating gaps in readiness and disclosures.
Corporate structure not IPO-ready
Legacy holding patterns, group entities, related-party transactions and past allotments frequently need clean-up before SEBI observations can be cleared.
Financial and tax history gaps
Ind AS restatements, historical tax exposures and internal control gaps surface late in diligence and can delay or derail the issue.
Governance and disclosure readiness
Board composition, committees, policies and disclosure discipline must move from closely-held norms to listed-company standards well before filing.
Is this right for you?
We work best with organisations that recognise themselves in the profiles below. If any of these describe your situation, we should talk.
- ✓Profitable growth-stage companies evaluating an SME IPO or Main Board IPO in the next 12–24 months
- ✓Promoter-led businesses seeking a single, accountable advisor across finance, tax, law and secretarial
- ✓Companies with legacy corporate, ESOP or related-party structures that need clean-up before filing
- ✓Boards preparing for public-market governance, disclosures and LODR compliance
- ✓PE / promoter groups planning a partial exit or liquidity event via public listing
What you receive
- IPO readiness diagnostic report with route recommendation (SME vs Main Board)
- Corporate, capital and governance restructuring roadmap with implementation support
- ESOP scheme design, past-allotment regularisation and cap-table clean-up
- DRHP drafting support, disclosure review and vetting alongside BRLMs and legal counsel
- Coordinated data room, due diligence responses and SEBI / exchange query resolution
- Post-listing LODR, PIT and governance compliance calendar and playbook
How the engagement runs
Diagnostic
2–4 weeks
Eligibility, route selection, corporate structure and financial / tax gap assessment.
Structuring & Clean-up
2–4 months
Corporate conversion, ESOP regularisation, RPT rationalisation and governance framework.
DRHP & Diligence
2–4 months
DRHP drafting support, financial and legal diligence, intermediary coordination and filing.
SEBI / Exchange Approvals
1–3 months
Observations, responses, RHP finalisation, roadshows and issue opening.
Listing & Post-IPO
Ongoing
Basis of allotment, listing day, LODR, PIT and continuous obligation compliance.
Frequently asked questions
Is my company eligible for an SME IPO or Main Board IPO?
Eligibility depends on net worth, net tangible assets, profit track record, post-issue paid-up capital and other SEBI ICDR criteria. We evaluate both routes and recommend the one aligned with your size, growth stage and valuation objective.
How long does the IPO process take?
SME IPOs typically take 4–6 months from mandate to listing; Main Board IPOs 8–14 months, depending on financial preparation, DRHP quality and SEBI observations.
Do you replace the merchant banker?
No. We work alongside the appointed merchant banker as the promoter's advisor, ensuring readiness, DRHP quality, negotiation of terms and coordinated execution.
Explore complementary practices
SME IPO Advisory
Listing on NSE Emerge and BSE SME — eligibility, structuring, DRHP and post-listing compliance.
Learn more →Main Board IPO Advisory
SEBI ICDR eligibility, Ind AS restatement, DRHP and book-built listings on NSE and BSE.
Learn more →Capital Market Advisory
QIPs, rights issues, preferential allotments, buybacks and ongoing SEBI compliance.
Learn more →SEBI Compliance
LODR, PIT, SAST and material event disclosure advisory for listed companies.
Learn more →From our Knowledge Centre
SME IPO Readiness: A Promoter's Checklist
A practical readiness checklist covering financial, governance, legal, controls, valuation and post-listing preparation.
Read article →Main Board vs SME IPO: Choosing the Right Platform
How to evaluate size, growth stage, investor profile and cost of listing when picking your IPO route.
Read article →Why DCF Alone Won't Land Your Deal
A pragmatic view on triangulating valuation across DCF, comparables and precedent transactions for IPO pricing.
Read article →Talk to our ipo advisory team.
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