Should their be any minimum number of share holders in the company , before the company is taken public .



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Should their be any minimum number of share holders in the company , before the company is taken public (IPO).

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Minimum Listing Requirements for New Companies

The following eligibility criteria have been prescribed for listing of companies, through Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs):

The minimum post-issue paid-up capital of the applicant company (hereinafter referred to as "the Company") shall be Rs. 10 crore for IPOs & Rs.3 crore for FPOs; and
The minimum issue size shall be Rs. 10 crore; and
The minimum market capitalization of the Company shall be Rs. 25 crore (market capitalization shall be calculated by multiplying the post-issue paid-up number of equity shares with the issue price).