In-principle Approval
S.N. IPO/FPO
with application for in-principle
approval
1 Draft offer document x 5 copies
2 BOD resolution - authorising issue of
securities
3 Shareholders’ resolution - authorising
issue of securities
4 MOA and AOA
5 Processing Fees
6 PAN, TAN, Bank Account Number,
Passport Number of Promoters.
7 Printed Balance Sheets, P&L Accounts
and Cash Flow Statements for
preceding 5 years
8 Copy of letter vide which draft Offer
Document filed with SEBI
SME IPO
for in-principle approval
Draft offer document x 10 copies
Soft copy of Draft Prospectus for
uploading on website
BOD resolution for issue of securities
Shareholders’ resolution - approving
IPO
MOA and AOA
One Time Listing Processing Fees
PAN and TAN number of Co.
Printed Balance Sheets, P&L Accounts
and Cash Flow Statements for
preceding 5 years
RIGHTS ISSUE
Pre Issue Formalities/ in-principle
approval
Draft Letter of Offer x 10 copies (with
a soft copy on CD)
BOD resolution for issue of securities
under proposed rights issue/ fast track
rights issue - Certified true copy
Shareholders’ resolution, if any; for
-issue of securities and
-increase in authorised share capital (if
required) - Certified true copy
Processing fees
PAN, TAN, Bank Account Number,
Passport Number of Promoters.
Covering letter making application for
In-principle approval for the proposed
Rights issue
BONUS ISSUE
for in-principle approval
BOD resolution - approving bonus
issue
Notice sent to shareholders for bonus
issue - Certified copy
Shareholders’ resolution - approving
bonus issue - Certified copy
Shareholders’ resolution - for increase
in authorized capital if existing
authorized share capital is insufficient
Amended copy of MOA & AOA.
If not amended- confirmation from
Co. regarding the same - Certified true
copy
Clause in AOA granting powers to BOD
to capitalize profits
Processing fee
Name & Designation of Contact
Person of Co.
- Telephone Nos. (landline & mobile)
- Email add
Copy of latest audited annual report
9 The company has appointed <name >
as compliance officer in term of
Regulation 23(8) of SEBI (ICDR)
Regulations, 2018 and his contact
details
10 Name of exchange proposed to be
designated by the Co. as Lead
exchange
11 Copy of Form 32/DIR 12 filed with ROC
for appointment of directors and CS
12 Confirmation from Issuer Co. and
BLRMs/ Lead Manager(s) confirming:
-Company complies with all eligibility
criteria of the Exchange;
-No restrictive clauses in AOA;
-Provisions of MOA & AOA are not
inconsistent with clauses of Listing
agreement or other applicable law.
13 Certificate from statutory auditor/ PCA
certifying compliance of conditions of
Corporate Governance as per SEBI
(LODR) Regulations, 2015
14 Confirmation from BRLM(s) / Lead
Manager(s) that applicant Company is
eligible to make an issue under SEBI
(ICDR) Regulations, 2018 and is in
compliance with Regulation 5 and 7 of
said regulations.
15 Undertaking form BRLM(s) / Lead
Manager(s) confirming that the draft
offer document contains:
a. All material disclosures which are
true and adequate to enable the
applicants to take an informed
investment decision.
b. All the disclosures that are specified
under the Companies Act, 2013; and
Statement of total bonus entitlement
as per existing capital, bonus shares to
be allotted and shares kept in
abeyance, if any to be given by the CS
Name of exchange proposed to be
designated by the Co. as Lead
exchange
Details of Directors including their
PAN number
Confirmation from Issuer Co. and
BLRMs/ Lead Manager(s) confirming:
-Company complies with all eligibility
criteria of the Exchange;
-No restrictive clauses in AOA;
-Provisions of MOA & AOA are not
inconsistent with clauses of Listing
agreement or other applicable law.
Certificate from statutory auditor/
PCA certifying compliance of
conditions of Corporate Governance
as per SEBI (LODR) Regulations, 2015
Certificate from all Lead Manager/
Merchant Banker confirming The
issuer is eligible to make a rights issue
of securities under SEBI (ICDR)
Regulations, 2018
Undertaking from Compliance Officer:
“Neither the issuer nor any of its
promoters or directors is a wilful
defaulter as defined SEBI (ICDR)
Regulations, 2018”;
OR
“<Name of the issuer /promoter(s)/
director(s) of the issuer is a wilful
defaulter as defined under SEBI (ICDR)
 c. All the disclosures that are specified
under Part A of Schedule VI of the SEBI
(ICDR) Regulations, 2018.
16 Undertaking from MD/ CS/
Compliance Officer stating:
“We hereby confirm that the company
or its promoters or WTD are not in
violation of provisions of SEBI Delisting
Regulations, 2021.”
17 Undertaking from MD/ CS/
Compliance Officer stating:
“We hereby confirm that the
company, its promoters, its directors
are not in violation of restrictions
imposed by SEBI under SEBI circular
dated August 01, 2017.”
S.N. PREFERENTIAL ISSUE
Pre-Issue Formalities
1 Draft placement document. As per
2 BOD resolution for proposed
preferential issue - Certified copy
Regulations, 2018 and disclosures in
this regard has been made at <place
of disclosure>.as per format.”
Undertaking from MD/ CS/ Confirmation by MD/ CS
Compliance Officer stating:
“We hereby confirm that the company
or its promoters or WTD are not in
violation of provisions of SEBI Delisting
Regulations, 2021.”
Undertaking from MD/ CS/
Compliance Officer of the Co. stating:
“We hereby confirm that the
company, its promoters, its directors
are not in violation of restrictions
imposed by SEBI under SEBI circular
dated August 01, 2017.”
QIPs ESPS/ESOS/SARS/GEBS/RBS GDRS/ADRS/FCCBS
Pre Issue/ Prior Approval Pre issue- Formalities/ Prior Approval Pre issue- Formalities
Certified copy of Stock Option/Stock Draft offering circular for issue of
SEBI (ICDR) Regulations, 2018, with Purchase Scheme/ Stock Appreciation GDRs/ADRs/FCCBs
disclaimer in bold capital letters that Rights Scheme/ General Employee
“the placement is meant only for QIBs Benefits Scheme/ Retirement Benefit
on a private placement basis and is Schemes, certified by the CS
not an offer to the public or to any
other class of investors.”
Copy of 2 days prior intimation given BOD resolution approving issue of
to the Exchange about proposed Board GDRs/ADRs/FCCBs - Certified true copy
meeting in which fund raising by way
of QIP issue is specifically mentioned
BOD resolution approving placement
of securities with QIBs under SEBI
(ICDR) Regulations, 2018 - Certified
true copy
3 Printed copy of AGM/EGM notice
4 Brief particulars of proposed
preferential issue
Copy of notice sent to shareholders
Shareholders’ resolution - Certified
true copy
Abridged shareholding pattern of the
Co. at the time of application for in-
principle approval
AGM/EGM notice for approving/ Copy of notice sent to shareholders
amending Scheme/ for approving
grants under Regulation 6 of the SEBI
(SBEB) Regulations, 2014, certified by
the CS - Certified true copy
Shareholders’ resolution - approving/ Shareholders’ resolution approving
amending the Scheme - Certified true issue of GDRs/ADRs/FCCBs - Certified
copy true copy
Certified copy of statement to be filed
with Stock Exchange as required under
SEBI (SBEB) Regulations, 2014

5 Non-refundable processing fees Processing fee Processing fees Processing fee

6 If prior holding of allottee is under
pledge with banks/ financial
institution(s), Co. shall provide an
undertaking/ confirmations from the
banks/ financial institutions, company
and allottee(s).
7 Due diligence certificate from Merchant Certificate of Merchant Banker on
Banker stating that the proposed issue compliance with SEBI (SBEB)
of (Name of the Company)_, is being Regulations, 2014.
made in compliance with Chapter VI of
SEBI (ICDR) Regulations, 2018
8 Pricing certificate by Statutory Auditor/ Certificate of Auditors on compliance
PCA/ PCS. with SEBI (SBEB) Regulations, 2014

If securities of the Co. are infrequently

traded - pricing certificate as
prescribed under the SEBI (ICDR)
Regulation, 2018
9 Confirmation by MD/ CS
10 Certificate from Statutory Auditors/
PCA/ PCS
Confirmation by MD/ CS
Undertaking from MD/ CS/
Compliance Officer stating:
“We hereby confirm that the company
or its promoters or WTD are not in
Confirmation from Company Confirmation by MD/ CS
Undertakings as required by, SEBI
ESOS/ESPS Regulations
 violation of provisions of SEBI Delisting
Regulations, 2021.”
11 Undertaking from MD/ CS/
Compliance Officer stating:
“We hereby confirm that the
company, its promoters, its directors
are not in violation of restrictions
imposed by SEBI under SEBI circular
dated August 01, 2017.”
12 Reconciliation statement
13 Irrevocable trust deed - Certified true
copy
14 Disclosure document (only for ESOS &
SARS) - Certified true copy

Basis of Allotment
S.N. IPO
1 One soft Copy of final prospectus filed with ROC
along with its acknowledgement copy.
2 Proceeding details / minutes of basis of allotment,
verified and signed by RTA, BRLM & Issuer with
reasons for exception to rejection cases
3 Category wise, summary of list of “technical
rejection” cases Specifying – Application No.,
Category, Name & Add., Pan, DP ID, CL ID, Quantity,
price Amount and reason for rejection
4 Confirmation from registrar regarding withdrawal of
5 Verification of all the final certificates issued by the
controlling branch and the same have been found in
order.
6 PAN number, Demat account details etc. (in soft
SME – IPO RIGHTS ISSUE
1 Copy of final prospectus filed with ROC alongwith Basis of allotment sheet for each category.
ROC filing acknowledgement copy.
Authenticated proceeding details / minutes of basis Minutes of Basis of allotment duly signed by all the
of allotment, verified and signed by RTA, BRLM & Lead Manager, Registrar and the Company.
Issuer with reasons for exception to rejection cases
Category wise, summary of list of “technical All rejections application along with Summary
rejection” cases Specifying – Application No., statement (1 set photocopy to be submitted).
Category, Name & Add., Pan, DP ID CL ID, Quantity,
price Amount and reason for rejection with photo-
copies of Application forms
All Bank final certificates (ASBA & NON ASBA) -
applications received, considered in the basis, Certified copies
indicating date and time (not more than 12 hours
from time of submission of basis.
Verification of all the final certificates issued by the Bid data of Exchanges other than designated SE
controlling branch.
Round summary in case of over subscription - in
copy CD) hard & soft format.
7 Copy of post issue initial monitoring report filed
8 The Basis of allotment has been prepared in
compliance with SEBI (ICDR) Regulations, 2018 and
for its issue the company has complied with said
regulation and all other statutory requirement.
9 Copy of statutory advertisement released in respect
of public issue / offer for sale, opening and closing of
issue, price revision, if any etc. upto the stage of
basis of allotment.
10 Auditors certificate for the following:
a) Receipt of the promoters contribution, if
applicable.
b) If minimum promoter’s has been brought in by
AIFs or foreign venture capital investors or
scheduled commercial banks or PFIs or insurance
companies registered with IRDAI, bifurcation of
the same shall be provided with date of receipt of
the same from each of the party with percentage
to the post issue capital with a confirmation that
the same is in compliance with the requirement
of SEBI (ICDR) Regulations, 2018.
11 Declaration from MD/CS that there is no injunction /
prohibition order of a competent court of law on the
issue or on a part of any particular category of the
issue.
12 The validation of the electronic bid details with the
depository’s records for DP ID, client ID and PAN.
13 If Approval from SEBI is sought for relaxation in PAN
mismatch applications, then copy of SEBI approval
letter as well as the true copy of request letter to
SEBI, should be submitted.
with SEBI (3 day monitoring report).
Confirmation from RTA and Merchant Bankers that- Undertaking from Lead Manager, Company &
i. Only QIBs as per the SEBI ICDR, regulation 2018 Registrar.
are proposed to be allotted equity shares under QIB
category.
ii. No QIB has Bid and proposed to be allotted equity
shares under non-QIB or retail category.
iii. The basis of allotment has been prepared in
compliance with SEBI (ICDR) Regulations 2018
Pre Allotment shareholding and Post proposed
Allotment Shareholding pattern as per Regulation 31
of the SEBI (LODR) Regulations, 2015.
Auditors certificate for the following: Calculation of ex right price by Statutory Auditor/
a) Receipt of the promoters contribution, if PCS/ PCA, if not available in offer document.
applicable.
b) If minimum promoter’s has been brought in by
AIFs or foreign venture capital investors or
scheduled commercial banks or PFIs or insurance
companies registered with IRDAI, bifurcation of
the same shall be provided with date of receipt of
the same from each of the party with percentage
to the post issue capital with a confirmation that
the same is in compliance with the requirement
of SEBI (ICDR) Regulations, 2018.
Declaration from MD/CS that there is no injunction /
prohibition order of a competent court of law on the
issue or on a part of any particular category of the
issue.
The validation of the electronic bid details with the
depository’s records for DP ID, client ID and PAN.
If Approval from SEBI is sought for relaxation in PAN
mismatch applications, then copy of SEBI approval
letter as well as the true copy of request letter to
SEBI, should be submitted.
Documents to be submitted after closure of the issue
T+2 days
1 All due diligence certificates filed with
SEBI by Merchant banker(s).
2 Observation Letter issued by SEBI
pursuant to filing of draft offer
document.
3 List of authorized signatories with their Copy of Internal Minutes
specimen signatures.
4 Confirmation from Lead Managers that
devolvement notices have been sent to
underwriters (applicable if the issue
has devolved).
5 Certificate from BRLM(s) that issue has
received minimum subscription as
specified under SEBI (ICDR)
Regulations, 2018.
6 Confirmation from the Co. regarding
email ID for Investor Grievances as per
SEBI (LODR), Regulations, 2015.
7 Copies of all advertisements published
in connection with issue upto T+1
stage.
8 Confirmation from the Co. stating that
they have obtained authentication for
SCORES from SEBI as per Regulation 13
of LODR, Regulations, 2015.
9 DIN & PAN of Promoters and Directors
T+3 days
1 Copy of final prospectus filed
with ROC alongwith ROC filing
acknowledgement copy.
Basis of allotment approved by
Designated SE - Certified true
copy
executed in between Lead
Manager, Issuer and Registrar.
T+4 days
Letter of listing application
Listing Agreement as per SEBI (LODR),
Regulations, 2015 duly executed on non-judicial
stamp paper along with certified true copy of BOD regarding dispatch of
resolution for authorizing officer to sign and
execute the listing agreement.
Certified true copy of the BOD resolution for
allotment of securities (specifically mentioning
total number of Securities allotted/allocated)
Shareholding pattern (pre issue, issue and post
issue) in specified format with PAN. Also provide reconciling total securities allotted
Post issue shareholding pattern (without PAN).
Copies of all statutory advertisements published
till date
Initial Listing Fees, Annual Listing Fees
Date of Listing & Scrip Symbol (max 10 alphabets)
CIN,PAN,TAN & GSTIN of the Company
T+5 days
Confirmation from depositories
regarding credit of beneficiary
accounts of security holders
Certified true copy of letter from
Registrars and lead manager
share/debenture/warrant
certificates, allotment advice,
refund orders, underwriting
commission, uploading of electronic
credit of Securities, etc.
Basis of allotment advertisement
Certificate from Registrar
with total securities credited, and
securities that failed to be credited
Documents to be submitted after closure of the issue - SME
T+2 days T+3 days
1 All due diligence certificates filed with Copy of Prospectus (also in
SEBI by Merchant banker(s). soft copy CD)
2 List of authorized signatories with their Copy of RoC filing
specimen signatures. acknowledgement for filing of
Prospectus
3 Confirmation from Lead Managers that Copy of letter from Registrar
devolvement notices have been sent to addressed to Merchant
underwriters (applicable if the issue bankers regarding details
has devolved). verified with depositories
4 Company should inform that dividend Certified true copy of Table
entitlement for current year for all showing region- wise
existing shares including the shares collection of application
issued shall rank pari-passu money
5 Confirmation from the Co. regarding Certificate from bankers to
email ID for Investor Grievances as per issue regarding collection of
SEBI (LODR), Regulations, 2015. application money
6 Copies of all advertisements published Certified true copy of basis of
in connection with issue upto T+2 allotment approved by
stage Designated SE
7 Confirmation from the Co. stating that Certified true copy of
they have obtained authentication for additional material contracts &
SCORES from SEBI as per Regulation 13 documents which have not
of LODR, Regulations, 2015 been submitted earlier with
the Exchange. (Soft copy for all
material contracts &
documents)
8 CIN,PAN,TAN & GSTIN of the Company
9 DIN & PAN of Promoters and Directors
T+4 days
Clauses relating to AOA
Letter of application
Certified true copy of the BOD resolution for
allotment of securities (specifically mentioning
total number of Securities allotted/allocated)
Shareholding pattern (pre issue, issue and post
issue) in specified format with PAN. Also provide
Post issue shareholding pattern (without PAN).
Copies of all statutory advertisements published
till date
Annual Fees
Details regarding compliance with the conditions
of Corporate Governance
T+5 days
Confirmation from depositories
regarding credit of beneficiary
accounts of security holders
Certified true copy of letter from
Registrars and lead manager
regarding dispatch of
share/debenture/warrant
certificates, allotment advice,
refund orders, underwriting
commission, uploading of electronic
credit of Securities, etc.
Certificate from Registrar
reconciling total securities allotted
with total securities credited, and
securities that failed to be credited
Basis of allotment advertisement
Listing Approval
Rights Issue
1 Listing Application for all types of
securities issued on rights basis
2 BOD resolution for allotment on Right
Basis - Certified copy
3 Shareholding pattern for pre and post
issue as per format prescribed under
LODR for all types of securities issued
on Rights basis
4 Basis of Allotment as approved by
Designated SE - Certified copy
5 Auditors/PCA/PCS certificate that
allotment done as per basis of
allotment approved by designated SE
6 Total number of securities allotted in
physical category & in Demat (CDSL &
NSDL Separately) with category wise
distinctive numbers
7 Annual Listing fees
8 Undertaking from Compliance Officer:
• “The company or its promoters or
WTD are not in violation of the
Bonus Issue
Letter of Application (for listing of
further issue) duly completed
BOD resolution in which equity shares
were allotted - Certified true copy
Shareholding Pattern as per format
prescribed under LODR giving details
pre and post allotment of bonus
shares
Brief particular of new securities
issued
Certificate from Statutory Auditors/
PCA/ PCS that SEBI (ICDR) Regulations,
2018 for bonus issue complied
Confirmation by MD/CS
Details of further listing /processing
fee remitted
PREFERENTIAL ISSUE QIP
Letter of Application (for listing of Letter of Application (for listing of
further issue) duly completed further issue) duly completed with
Distribution Schedule pre and post
allotment
BOD resolution for allotment of equity BOD resolution in which securities
shares with depository confirmation were allotted - Certified true copy
for credit of securities in demat form -
Certified copy
Shareholders’ resolution approving
allotment on preferential basis and
resolution passed for increasing
authorized capital - Certified copy
Shareholding Pattern as per format Shareholding Pattern Form duly
prescribed under LODR giving details completed with relevant enclosures
pre and post allotment giving details before and after issue
Brief particular of new securities issued Final Placement Document with soft
copy in pdf format - Certified true copy
Compliance certificate from Statutory PCA/PCS Certificate confirming floor
Auditor placed before shareholders in price & receipt of funds against
GM - Certified copy placement pursuant to QIP issue
Certificate from Statutory Auditor for
receipt of funds
Certificate from MD/CS Confirmation by MD/CS
Details of Processing fee/ Additional Additional listing fee, if applicable, on
listing fee, if any, on enhanced capital enhanced capital
Confirmation for authentication on Undertaking from Compliance Officer:
SEBI for SCORES • “The company or its promoters or
WTD are not in violation of the
 provisions oof the SEBI Delisting provisions of the SEBI Delisting
Regulations, 2021”. Regulations, 2021”.
• “We hereby confirm that the • “We hereby confirm that the
company, its promoters, its directors company, its promoters, its directors
are not in violation of the restrictions are not in violation of the restrictions
imposed by SEBI dated August 01, imposed by SEBI dated August 01,
2017.” 2017.”
9 An undertaking from MD/CS certifying Certified copy of the order passed by List of allottees & number of equity
that all the documents filed by the Hon’ble High Court/ BIFR/ Scheme shares allotted to them
Company are same/similar to approved by CDR, if applicable List of allottees who have been allotted
documents filed with ROC/ SEBI/ RBI/ more than 5% of securities offered
FIPB in respect of allotment/enlistment giving details such as name, nos. of
of aforesaid rights share, and that the equity shares allotted, % of issue size,
Co. has complied with all legal and etc. and number of equity shares
statutory formalities and there is no
statutory restraint

ESPS/ESOS/SARS/GEBS/RBS
1 Letter of application & listing application
2 Notification for issue of shares as per the format prescribed under SBEB
Regulations, 2014 - Certified true copy
3 Applicable Additional Listing Fees
4 BOD resolution in which shares were allotted - certified copy
5 CS Certificate for receipt of money
6 List of allottees specifying name of allottee, number of shares allotted
7 NSDL/CDSL credit and/or dispatch of physical certificate confirmation by RTA
8 Statement of Compliance Officer/CS/ Authorised signatory showing number of
shares for which in-principle approval was taken and no. of shares allotted, date
of allotment and balance outstanding
9 Certified true copy of letter issued by overseas Stock Exchange granting listing/
GDRS/ADRS/FCCBS
Letter of Application (for listing of further issue) duly completed. (In case of
conversion of FCCBs only post allotment distribution schedule is requited)
Brief particular of new securities issued
Processing Fee, Additional Annual Listing Fee, if applicable, on enhanced capital
BOD resolution in which equity shares were allotted - Certified true copy
Confirmation by MD/CS
List of allottees and number of equity shares allotted
In case of GDRs/ADRs the list of GDR/ADR holders and number of GDRs/ADRs
allotted
Shareholding Pattern as per the format prescribed under LODR giving details
pre and post allotment
trading permission to the GDRs/ADRs/FCCBs
Additional Points
Right Issue
Formalities before Issue Opening
1 Final Letter of Offer along with Composite
Application Form (“CAF”) x 10 Copies
2 ASBA Fees
3 1% Security Deposit
4 A request letter from Company/LM for activation of
Right Renunciation Facility on the Stock Exchange (if
required)
Formalities for obtaining Trading approval
Certificate/Letter from Registrars to Issue
confirming the date of completion of posting of
Refund Orders and Share certificate/Debenture
Certificates in Physical form ( if any)- certified
true copy
Confirmation from the depositories for crediting
of securities to the beneficiary owner’s account.
Copies of Newspaper advertisement of Basis of
Allotment.
QIP
Documents required for hosting of Preliminary
Placement Document on the Website of the
Exchange
The resolution in which the Board of the
company or the Committee of Directors of the
company decided to open the proposed issue.
(Certified true copy)
Soft copy of Preliminary Placement document
(Not applicable if no changes have been made
after submission at the time of prior in-principle
approval).
Soft copy of the Preliminary Placement
Document in pdf format.