With the pace of time it would be rather easy for a Company incorporated under Companies Act, 2013 (erstwhile Companies Act,1956), to get it listed at BSE-SME. There are few major requirements to be fulfil for this purpose. Financials Post Issue Paid up Capital The post-issue paid up capital of the company shall be at least Rs. 3 crore. Networth Net worth (excluding revaluation reserves) of at least Rs.3 crore as per the latest audited financial results. Net Tangible Assets At least Rs.3 crore as per the latest audited financial results. Track Record Distributable profits in terms of Section 123 of the Companies Act 2013 for at least two years out of immediately preceding three financial years (each financial year has to be a period of at least 12 months). Extraordinary income will not be considered for the purpose of calculating distributable profits. Or The net worth shall be at least Rs.5 crores. Other Requirements It is mandatory for a company to have a website. It is mandatory for the company to facilitate trading in demat securities and enter into an agreement with both the depositories. There should not be any change in the promoters of the company in preceding one year from date of filing the application to BSE for listing under SME segment. Disclosures A certificate from the applicant company / promoting companies stating the following a) " The Company has not been referred to the Board for Industrial and Financial Reconstruction (BIFR)."  Note: Cases where company is out of BIFR is allowed. b) There is no winding up petition against the company, which has been admitted by the court or a liquidator has not been appointed. Regards~ CS Ashish Khandelwal +91-9462751530

Preferred eChai Business Partners

About eChai Business Partner Program:

eChai Ventures is a friendly global startup network that hosts engaging Startup Growth meetups in 10+ Countries and enables cross-border collaborations.

Key benefits:

  • Engagement at relevant in-person eChai Meetups (~4 meetups/year)
  • Listing on preferred eChai Business Partners page (1 year duration)
  • Feature on eChai.Ventures
You can reach out to Jatin Chaudhary, Co-Founder, eChai Ventures over WhatsApp or over email at [email protected] to explore more about it.