Cost Structure

Savings in Cost of Raising an IPO through SME platform

Sr. No.


Cost on Main Board

Cost on SME Platform

Minimum Savings in Cost


Need for SEBI Approval & fees

SEBI approval for DRHP is a preliminary condition for IPO Fees:-

Based on Issue Size
Min – Rs. 25,000/-
Max – Rs. 3,00,00,000/-

SEBI approval has been waived off.

Hence this cost is eliminated.

Rs. 25,000/-


Need for In principle approval of stock exchanges & fees

There is requirement to seek in-principle approval of stock exchanges where the shares are proposed to be listed post IPO.

Processing Fees:-
0.05 % of issue size.
Min – Rs. 50,000/-
Max – Rs. 25,00,000/-

In-principle approval of stock exchanges has been waived off.

Hence this cost is eliminated.

Rs. 50,000/-


Initial Listing Fees (BSE)

Rs. 20,000/-

Rs. 50,000/-

(Rs. 30,000)


Annual Listing Fees (BSE)

Based on paid up capital

Min – Rs. 2,00,000/- upto listed capital of Rs. 150 crores

Based on Market Capitalization

Rs. 25,000/- upto or 0.01% of full market capitalization, whichever is higher

Rs. 1,75,000/-


Fees for using the Book Building Software

Not Applicable

Based on Issue size:-
Upto Rs. 10 crores – 1 lakhs
Above Rs. 10 crores – 1.5 lakhs


Total Savings

Rs. 2,20,000/-