IPO Advisory

Bhanushali Global Advisors provides end-to-end IPO Advisory Services to help growth-stage companies navigate the public listing journey with confidence, compliance, and clarity. From pre-IPO structuring to post-listing support, we bring precision to every stage of the process.

We work alongside promoters, CFOs, and legal teams to prepare your financials, strengthen governance, and build a credible equity story that resonates with investors, merchant bankers, and regulators.

Ideal for companies eyeing SME IPO, Mainboard IPO, or those evaluating IPO-readiness over the next 12 to 24 months.

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IPO Advisory

Going public is one of the most consequential decisions a business makes. It demands financial discipline, governance maturity, regulatory fluency, and a compelling narrative, all at once. IPO Advisory Services help companies prepare for this transition systematically, rather than scrambling in the final months before filing.

At Bhanushali Global Advisors, we bring a Chartered Accountant-led, finance-first approach to IPO readiness. We work with promoters and leadership teams to restructure financials, clean up historical records, strengthen internal controls, and build the financial story that merchant bankers and institutional investors expect. Our advisory covers everything from restated financial preparation and DRHP support to SEBI/stock exchange compliance and post-listing governance.

BGA supports companies across manufacturing, technology, professional services, NBFC, and consumer sectors looking at SME IPO or Mainboard IPO listings. Whether you are 6 months or 24 months away from filing, we help you build a credible, audit-proof, and investor-ready foundation, so the listing process is structured, not stressful.

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Our IPO Advisory Services include

Pre-IPO Financial Structuring: Restated financials, historical clean-up, related party rationalization, and accounting policy alignment to meet SEBI and Companies Act requirements.
Governance & Compliance Readiness: Board composition, committee formation, internal controls, risk frameworks, and secretarial compliance to pass merchant banker and exchange scrutiny
Listing Execution Support: DRHP/RHP financial chapter support, coordination with merchant bankers, legal counsel, and registrars, and post-listing compliance setup.

IPO Advisory Services

IPO readiness for SME and Mainboard listings.

Pre-IPO Financial Restructuring
We prepare and restate financials as per SEBI ICDR requirements, clean up historical inconsistencies, rationalize related party transactions, and align accounting policies across group entities. The goal is financials that survive due diligence without surprises.
Internal Controls & SOPs
BGA designs and documents SOPs for finance, procurement, HR, and operations, ensuring a control environment that satisfies auditors and regulators. We bridge the gap between informal processes and IPO-grade governance.
DRHP & RHP Financial Support
BGA drafts and reviews the financial disclosure chapters of DRHP/RHP filings, including restated financial statements, MD&A sections, risk factors, and capitalization statements. We coordinate with merchant bankers and legal teams to ensure accuracy and SEBI compliance.
Valuation & Financial Modelling
We build financial models, sensitivity analyses, and valuation frameworks that support the IPO pricing story. BGA works with merchant bankers to ensure projections are grounded, defensible, and aligned with the equity narrative.
Corporate Governance Setup
We help you establish the board structure, audit committee, nomination committee, and other governance requirements mandated by SEBI LODR. This includes drafting policies, charters, and internal control frameworks that stand up to exchange scrutiny.
Post-Listing Compliance Support
After listing, BGA helps establish quarterly reporting rhythms, SEBI LODR compliance calendars, insider trading policies, and ongoing disclosure frameworks. We keep you compliant from Day 1 on the exchange.

Take the first step towards a successful public listing.

Book A Meeting

Unlock Listing Success

Structuring & Compliance

Restated financials, governance frameworks, SEBI-ready documentation, and internal controls that pass diligence.

Strategy & Execution

Valuation support, DRHP financials, merchant banker coordination, and post-listing compliance setup.

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INSIGHTSIPO Readiness that builds investor confidence!

Financial Restatement & Clean-Up: Restated financials, accounting policy alignment, and historical reconciliation so your numbers are audit-proof from day one.
Governance & Control Frameworks: Board composition, committee formation, SOPs, and risk frameworks that satisfy SEBI, exchanges, and merchant bankers.
Listing Execution & Post-IPO Support: DRHP financial chapters, valuation models, regulatory liaison, and quarterly compliance rhythms after listing.
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F.A.Q.

Do you have additional questions?

How early should one start IPO preparation?

Ideally, 12 to 24 months before the intended filing date. This gives enough time to restate financials, clean up historical records, set up governance structures, and build the internal controls and documentation that merchant bankers and SEBI expect. Starting early avoids last-minute firefighting and gives promoters time to address gaps without pressure.

Does BGA handle SME IPO as well as Mainboard IPO advisory?

Yes. BGA supports both SME IPO and Mainboard IPO advisory engagements. The depth and complexity differ, as SME listings have lighter regulatory requirements, but the fundamentals of financial clean-up, governance, and compliance readiness apply to both. We tailor the engagement scope based on your listing target and current readiness level.

Will BGA act as our merchant banker?

No. BGA is an advisory firm, not a SEBI-registered merchant banker. We prepare your financials, governance, and compliance infrastructure so that when the merchant banker comes in, your house is already in order. We coordinate with merchant bankers, legal counsel, and registrars, but do not perform their regulated functions.

DO YOU HAVE A PROJECT IN MIND?Get IPO-ready with strategic financial structuring and governance advisory.

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