A startup working towards innovation of products, its turnover are 8, 10, 12, 15, 18 USD million for last 5 years since its incorporation. What is your opinion about eligibility of this SME to list on the recognised stoc

The start-up fulfilling the following criteria shall be eligible to list on the recognised stock exchanges in IFSC: The offer document of the company should be filed within a period of ten years from the date of incorporation/registration. The annual turnover of the company for any of the financial years since incorporation should not have exceeded USD 20 Million. The company is working towards innovation, development or improvement of products or processes or services, or it is a scalable business model with a high potential of employment generation or wealth creation. In the given case, start-up fulfils the requirements of listing on the recognized stock exchange in IFSC as the turnover of the company are 8, 10, 12, 15, 18 USD Million for last five years since its incorporation which has not exceeded USD 20 Million in any financial year. Further, this start-up is working towards innovation of product and it is in existence for less than 10 years since its incorporation. Therefore, a start-up fulfils the eligibility conditions to list on the recognized stock exchange in IFSC.