guidance on IPO

Dear Khushbu,

First of all the company needs to appoint a merchant banker, domestic legal counse and intermational legal counsel for that.

Very briefly there are following stages in an IPO:

1. Stage 1 - Appointment of Intermediaries

2. Stage 2 - Due Dilligence

3. Stage 3 - Draft Red Herring Prospectus and its filing

4. Stage 4 - SEBI comments over DRHP and Preparation of RHP

5. Stage 5 - Marketing

6. Stage 6 - Issue Phase (Issue opening and closing)

7. Stage 7 - Post Issue Phase  (Allotment)

8. Stage 8 - Listing

regds

Deepak