Student cs professional
249 Points
Joined July 2016
listed entities means an entity whose any of its security is listed on the stock exchange platform whether it is main Board or SME exchange.
In most of the cases only public limited company takes steps to list their security and even the size of the Company also matter.
Once the company's security whether equity or debt has listed, the plethora of laws applicable on this in Form of disclosure and prior intimation etc as overall all concerned SEBI regulation needs to comply.
in your case the security(equity) of Private company can not be offer to public at large because section 2(68) of the Companies Act, 2013 prohibit to offer or invite the public to subscribe the security
so another way out for issuing and listing of debt security of the private company this can be happen.
For this transaction company needs to comply sebi(issue and listing of debt securities) regulation, 2008.