MAJOR public. At whatever point an organization chooses

 

MAJOR LEGAL REQUIRMENT APPLICABLE TO IPO AND LISTING:

1.      
Application
for listing to the stock exchange:

A issuer that means
to list any of its security on a stock trade might make an application to such
stock trade under section 9 of the securities and exchange ordinance in
1969.  The application under section 9
might be made on the arrangement given at Annexure-I and should be joined by
such documents and information as mention in it. Any security offered are
issued to the general public as there needs to be listed on the stock exchange.

2.      
Issue
of shares by a company or a body corporate through ipo.

An organization
may raise its funds for meeting its financial needs for issue of its securities
for ex shares bonds and so on to different classes of financial specialists
including the overall general public. At whatever point an organization chooses
to raise subsidize from the general public , it is required to under section 57
of the company ordinance 1984 the ordinance of issue circulate and to publish
and after approval of SECP prospectus. A documents invites to the general public
for membership of securities of an organization.

3.      
Sale of
share to public by an existing share holder:

A person who hold
more than 10% of shares in the organization or a body corporate may offer for
such shares in totality to a general public  through an offer for sale discount.

4.       Eligibility for listing:

Any public listed
organization or body corporate having at least paid up capital of  two hundred million for Appling on listed on
the stock exchange in Pakistan.

Seciation 2 of the
organization private limited organization invite the general public membership
of their securities including shares

5.       Issue size and allocating of capital:

Keeping in the
view the minimum bench mark RS200 million paid up capital

·        
The organization looking for listing.

·        
In the case of issue of paid up capital for
issuing of an organization is depend upon the RS 500 million at least  25% of such capital should be offered to the general
public.

·        
In case of the capital issuing of the
organization in RS 500 million in the public offers shall be at least 125
million or 12.5% of the post issuing of paid up capital. Whichever is higher. Such organization might, be that
as it may, upgrade the quantum of open shareholding to 25% inside four years of
its posting.

 

Steps in the IPO process:

There are
several steps which are discussed in the the ipo process.

·        
Planning
for IPO process

·        
Choosing
underwriters

·        
Filing
a prospectus

·        
IPO
promotion

·        
Final
offering price and amount

·        
Selling
on the stock market

·        
Initial
public offering Allocation

·        
Initial
public offering Analysis

·        
Initial
public offering filing

·        
Initial
public offering stocks