We service companies looking to explore the IPO route and raise capital via public listing.
We Advise, formulate strategies, restructure capital, execute transactions, do market making and raise funds on behalf of our clients.
We understand the promoter’s vision and make sure that listing their company on the stock exchange adds value and not just numbers.
With more than 125 years of experience between us and our Domain Partners, SKG is one of the premier destination for SMEs wanting to go public.
As of Decmeber 2017, 211 companies have been listed on SME exchange having market cap of 20,252 crores.
Industry
Small and Medium Enterprises (SMEs) are the backbone of a nation’s economy. Like any other major economy, India too enjoys its fair share of SMEs which constitute bulk of the industrial base, also contributing significantly to the exports and GDP.
Exchange
An SME Exchange is a stock exchange dedicated for trading the shares / securities of SMEs who otherwise find it difficult to get listed on the Main Board. The concept originated from the difficulties faced by SMEs in gaining visibility and attracting sufficient trading volumes when listed along with other stocks on the Main Board of stock exchanges. World over, dedicated SME trading platforms or exchanges are prevalent.
Country |
Exchange |
| United Kingdom | Alternate Investment Market (AIM) |
| Hong Kong | Growth Enterprise Market (GEM) |
| China | Chinext |
| Singapore | Catalist |
SEBI lays down broad framework for SME listing platform
PM Task Force recomm-ends SME listing exchange
SEBI circular on Guidelines for market making
SEBI Circular rolling out model listing agreement for SMEs
Amend-ments in SEBI Regulations (ICDR, Merchant Bankers etc.
SEBI Master Circular on SME exchange & Market Making
SEBI approval to BSE SME Exchange
Amend-mends in Listing Agreement
SEBI approval to NSE SME Exchange
SEBI circular standardizing lot size for SME exchange
BSE SME Exchange launch
BSE Eligibility Norms for SME listing
Funding Convenience
- Access to capital & financing opportunities.
- Avoid unlisted space discounting.
- M&A Currency.
- Entry / Exit platform for PE / other investor.
Tax Benefits
- No Long TermCapital Gains.
- Short Term Capital Gain Tax at reduced rate of 15%.
- No WHT on Buyback.
- No tax on equity infusion in the company & on ‘distress business’ purchase.
Others
- Unlocking value.
- ESOPs – Talent retention tool.
- Visibility – Profile building.
- Improved Governance – Internal
SEBI Norms
Capital threshold for listing :
Post Issue Face Value Capital Listing Platform
Up to 10 crores SME Exchange
10 crores to 25 crores SME/ Main Board
More than 25 Crores Main Board
- Minimum application amount / trading lot of Rs. 1 lac
- 100% underwriting (MB to underwrite 15% in own account)
- MB to undertake market making
- through Exchange-registered market makers for minimum 3 years
- Public Shareholding
- Min. 25%
- Min. 50 investors required; No post-listing continuous requirement
- Provisions for migration to / from Main Board from / to SME Exchange
Why SKG ?
Discretion
We understand that your financial affairs are deeply personal and that wealth management relationships are built on a foundation of trust. When you come to us, we take care to maintain discretion and hold your information in strict confidence.
Customised Planning
We use the breadth of our expertise to to deliver stratergies and services aligned with your needs. no preconceptions or prepackaged plans.
Recommendations driven solely by your objectives, not by commissions or quotas.
A proven process
An integrated, flexible and time-tested investment process; top-down and bottom-up. A disciplined yet opportunistic style open to searching for value everywhere, across all asset classes.
Client Service
Easy, enjoyable advisor relationships, reflected in our best-in-class service ratings and unrivaled client loyalty. Dedicated wealth managers who are fully responsible for your services and satisfaction – and evaluated accordingly.
SKG Assets & Holdings Private Limited
Registered Office: E-20, South Extention-1 , New Delhi-110049, INDIA.
Contact: 011-41648566 / 577
Dubai Office: 1606, Concord Tower, Media City, Dubai
Contact:+971 50920263
Mail: info@skgah.com | Web: skgah.com
Trading and investments in Securities are subject to market risk, there is no assurance or guarantee of returns. Please read the PMS Disclosure Document, Risk Disclosure Document and Do’s & Don’ts prescribed by the Exchanges and Mutual Fund Offer Documents carefully before investing.