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The Price of Going Public: SME IPO Costs Explained

The Price of Going Public: SME IPO Costs Explained

Hello friends! Many people keep asking me about IPO costs. They say, “Brother, how much money is needed for an IPO?” Today, I will tell you everything about IPO costs in a very simple way. No complicated things, just a simple explanation like we discuss in a coffee shop.

First Thing First: Minimum Money Required

Before talking about costs, let’s understand how much minimum money your company needs:

For NSE SME listing:

  • Minimum capital: 3 crore rupees
  • Last 3 years profit: At least 2 years should be profit
  • Company age: Minimum 3 years old

For BSE SME listing:

  • Minimum capital: 3 crore rupees
  • Need profit in recent years
  • Company should be running for some time

But these are just basic things. Now let’s talk about the real costs.

Real Costs of IPO (Full Details)

Let me tell you all costs one by one:

Merchant Banker Fees

This is the most important cost. Merchant banker will take:

  • 2% to 5% of total IPO size
  • If your IPO is 10 crore, they will take 20-50 lakh
  • Some merchants also want minimum guarantee
  • Big merchants charge more, but work is also good

Legal Team Cost

Lawyers also charge a good amount:

  • Minimum 10-15 lakh rupees
  • Can go up to 25 lakh
  • Depends on how complex your company is
  • If any court case is there, cost will increase

Auditor’s Fees

For checking accounts:

  • Starting from 5 lakh
  • Can go up to 15-20 lakh
  • Depends on company size
  • Extra charge for special reports

Marketing Expenses

Marketing is a must for success:

  • Minimum 10-15 lakh
  • Newspaper ads cost a lot
  • TV ads if you want
  • PR agency fees
  • Roadshow expenses
  • Broker meet costs

Registry & Printing Cost

Looks small but costs more:

  • Share certificates printing
  • Application forms
  • All document printing
  • Registry fees
  • Around 5-10 lakh total

Stock Exchange Fees

Exchange also needs money:

  • Initial listing fees
  • Annual charges
  • Processing fees
  • Around 5-7 lakh total

SEBI Fees

For SEBI filing:

  • Registration fees
  • Processing charges
  • Around 2-3 lakh

Other Expenses

Many small expenses:

  • Company Secretary fees
  • Travel expenses
  • Office expenses
  • Staff cost
  • Around 5-10 lakh

Total Cost – How Much?

Let me give you a rough idea:

For 10 crore IPO:

  • Merchant banker: 30 lakh
  • Legal team: 15 lakh
  • Auditor: 10 lakh
  • Marketing: 15 lakh
  • Printing etc.: 7 lakh
  • Exchange fees: 6 lakh
  • SEBI fees: 3 lakh
  • Others: 8 lakh
  • Total: Around 94 lakh

For 25 crore IPO:

  • All costs will be higher
  • Total can go up to 2-2.5 crore
  • Marketing cost increases a lot
  • Everything becomes expensive

How to Save Money?

Some tips to save money:

  • Talk to multiple consultants
  • Negotiate fees properly
  • Keep documents ready
  • Do smart marketing
  • Avoid unnecessary expenses

But remember: Don’t try to save too much money. Quality is important.

Hidden Costs Nobody Tells

Let me tell you some costs people forget:

  • Staff salary for IPO work
  • Extra office space
  • Travel for meetings
  • Phone and internet
  • Overtime payments
  • Food expenses
  • Emergency expenses

Real Example of IPO Costs

One company (can’t tell the name) did an IPO last year:

  • IPO size: 15 crore
  • Total cost: 1.2 crore
  • Time taken: 8 months
  • Marketing was expensive
  • But the result was good
  • Share price went up

Common Cost Problems

Problems many companies face:

  • Cost becomes more than expected
  • Hidden charges come later
  • Marketing cost increases suddenly
  • Consultants ask for extra money
  • Payment terms not clear
  • Budget planning goes wrong

Important Tips About Money

Remember these things:

  • Always keep an extra budget
  • Get everything in writing
  • Clear payment terms
  • Keep some emergency funds
  • Track all expenses
  • Take all receipts

Questions People Ask

Q: Can we do IPO at a lower cost?
A: Yes, but quality might suffer

Q: What is the biggest cost?
A: Usually merchant banker fees

Q: Can we save marketing costs?
A: Yes, but not recommended

Q: What are usual payment terms?
A: Usually 3-4 installments

Final Advice

  • Plan your budget properly
  • Keep 20% extra money ready
  • Don’t compromise on quality
  • Track all expenses carefully
  • Get professional help

Need More Help?

If you need help understanding IPO costs:

We help companies plan IPO budgets properly. The first meeting is free!

Final Words

Remember friends, an IPO is expensive but a good investment for the future. Plan properly, keep money ready, and don’t compromise on quality.

Good luck with your IPO plans! Hope you get a good listing!

Note: All these costs are approximate only. Actual costs may vary. Market conditions, company size, and other factors can change the total cost.

Related Article:

https://muds.co.in/everything-you-need-to-know-about-sme-ipo-criteria-and-listing-guidelines/

https://muds.co.in/how-to-qualify-for-an-sme-ipo-essential-eligibility-guidelines/

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