IPO being "once a life time event, mis-calculation of any nature can create a hurdle for company's future growth". Keeping this in mind list out the important aspects that key Managerial Personnel shall consider while pr

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2019
IPO being "once a life time event, mis-calculation of any nature can create a hurdle for company's future growth". Keeping this in mind list out the important aspects that key Managerial Personnel shall consider while preparing for an IPO.

Answer & Explanation:

Company Secretary being Key Managerial Person under the Companies Act 2013 is an important personnel as far as compliance of various legislation is concerned. Company Secretary assumes a significant importance when he/she is required to be a part of the Company which proposes to attain 'listed' status. Besides complying with provisions of the Companies Act, a Company Secretary of an IPO bound Company is required to be aware and well versed with atleast fundamental requirements as far as preparation for IPO as well as continuation of being listed is concerned. The Key Managerial Personnel/ Management shall consider the following measures while preparing for an IPO issue : Due Diligence Setting up of Relevant Teams Management Structure Data Room Financial Information & Reporting Process Other Regulatory Compliances Industry data Management Discussion & Analysis Publicity & Advertising Road shows Material Contracts & Documents

Topics: Initial Public Offer (IPO)

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic