Services
One gap. One service. Four stages.
A good company can still be read as an ordinary one. That is the gap. Mansukhbhai narrows it with the right story, built on technical knowledge and data, from the first diagnosis to the years after listing. It works on the company's side, alongside its merchant banker, so the company's story is ready before the issue begins.
Mansukhbhai is not a merchant banker and does not replace one. It works alongside the company's merchant banker, auditors and legal counsel.
- Stage 1
Diagnosis
An honest picture of where the company stands, before anyone else draws one.
What changes. If the company is not ready yet, you hear it here first, with what must change and how long it may take.
- Readiness against SEBI and exchange eligibility
- What is still to be put in place across financials, compliance and governance
- Corporate structure and shareholding review
- A first read of the KPIs and the story the business already has
- A realistic timeline, not an encouraging one
- Stage 2
Preparation
What a merchant banker asks for first, ready before the first meeting.
What changes. By the end, your company's records, numbers and story say the same thing, in the form the market reads.
- The business story, written from your own records so it holds when checked
- Restated financial information: your audited accounts set out in the format SEBI requires, with any adjustments shown, prepared with your management for your auditor to examine
- KPIs identified, tracked and traced to the company's records, ready for audit committee approval and auditor certification
- Compliance checked against what listing requires, statutory records and board structure in order, with your company secretary and legal counsel
- One data room for every document, opened only to those you approve
- Stage 3
Representation, on the company's side
Your company's case, made with data, while every choice is still open.
What changes. You walk into every discussion with the data behind your company, and someone beside you who knows it. Appointments, decisions and filings stay with the company and its merchant banker.
- Help shortlisting merchant bankers and other intermediaries, and preparing for the first meetings. The company chooses and appoints them.
- The data behind the company's case, for its own discussions with its merchant banker on valuation and on the costs of the issue. The company and its merchant banker fix the price.
- Data, analysis and drafting input for the offer document, for review by the merchant banker and legal counsel and approval by the board
- Help preparing the company's replies to exchange and SEBI queries, which the merchant banker submits
- One point of contact on the company's side, so each request reaches you once
You remain the promoter, in every decision. You do not become the project manager.
- Stage 4
Beyond listing
The market that priced your company will read it again, every reporting period. Mansukhbhai helps you stay ready.
What changes. The discipline built before listing becomes the company's routine after it.
- Support with periodic results and press releases
- Support to the company and its compliance officer with disclosures and LODR compliance
- Material for investor communication
- Preparing for the company's next step, such as a move to the Main Board
Without preparation
A company that explains itself in every meeting.
Four stages
With preparation
A company that arrives with answers.
Wherever the company is today is a good place to begin.
- No merchant banker yetPreparation can start first, so the company meets its merchant banker with records in order.
- A merchant banker already appointedThe work runs beside the merchant banker's, on information the merchant banker will ask for in any case.
- An IPO plan that pausedWork already done is usually not lost, and open points can be continued from where they stopped.
- Not yet at the eligibility thresholdRecords, structure and numbers take time to build, and they help with banks and investors in the meantime.
An IPO has many hands. Here is where each one works.
- You and your boardDecide whether to list, when, and how much to raise. The company and its directors are responsible for what the offer document says.
- MansukhbhaiPrepares the company's information and records, and works with each of the others until the issue, or until you decide not to go ahead.
- Your Chartered Accountant and auditorsAudit the accounts, examine the restated financial information and certify key figures.
- Legal counselLegal due diligence and the legal sections of the offer document.
- Merchant bankerSEBI-registered and appointed by the company. Manages the issue, drafts and files the offer document and deals with the exchange.
- Stock exchange and SEBIFor an SME issue, the exchange reviews the draft offer document, gives in-principle approval and lists the shares. SEBI makes the rules and reviews Main Board drafts.
Also appointed by the company: the registrar, the underwriter and, for SME issues, the market maker.
Begin a conversation
Before any file is opened, there is a conversation about where you want the company to go.
It is private, it commits you to nothing, and no documents are needed.
Begin a conversation