Many companies today appear to satisfy the eligibility requirements for a Main Board IPO, yet they choose to list on the SME platform instead.
What, in your opinion, drives this decision?
Is it merely a matter of lower compliance and cost, or are there strategic advantages that make SME listing a better option for promoters?
Would appreciate insights from CAs, CSs, Merchant Bankers, Investors, and Promoters who have been involved in IPO assignments.
CAclubindia
