IPO Advisory Services – From Readiness to Listing

Slide 1

IPO Advisory

IPO Advisory and Readiness Services - Seamless Public Listing

Your IPO Journey Begins 24 Months Before the Bell Rings.

Most IPOs are not won or lost at the pricing stage. They are determined in the 24 to 36 months of governance structuring, financial restatement, and institutional preparation that come before it.

Omnifin partners with founders, CFOs, and their investment bankers as a dedicated IPO readiness advisory team — driving the transformation from the inside.
Many successful IPO candidates begin by raising capital from angel investors, venture capital funds, and private equity investors. During these fundraising rounds, founders are often required to answer detailed questions regarding growth strategy, market opportunity, financial projections, and scalability. Explore our guide on Investor Questions and Answers for Startup Fundraising to understand how investors evaluate businesses before investing.

Our Services

Our advisory team includes SEBI Registered Category I Merchant Bankers, Chartered Accountants, Legal Experts, and Capital Market Advisors, offering comprehensive support to ensure a seamless and successful listing.

Business & Strategy Assessment

• Project portfolio mix – residential/commercial
• Market positioning
• Land bank & replenishment strategy
• Sales velocity, pricing, customer segmentation
• Competitive benchmarking
• ESG & sustainability initiatives
• Need for restructuring for unlocking value

Financial & Accounting Review

• Accounting regime (Ind AS / Indian GAAP)
• Criteria of Auditor and qualifications in audit reports
• Accounting policies, changes, ICDR.
• Tax diligence, loss carry forwards, contingent liability
• Review of related party & non-recurring items review
• Identification of red flags from investor / governance perspective.

Governance & Regulatory Compliance

• Gap assessment w.r.t listing requirements
• Board composition & independence
• Audit, NRC, CSR committee formation
• RERA registration & disclosure status
• Statutory & environmental compliance
• Availability of SOPs across functions
• Internal audits (review of reports and improvements)

Legal Due Diligence

• List of applicable laws and regulations
• Status of compliances with applicable laws
• Civil and criminal litigations assessment
• Land ownerships
• Development rights & JV agreements
• Encumbrances & pending litigations
• Approval & registration status
• Entity structure rationalization

Internal Controls & Systems

• Internal financial controls (IFC) assessment
• ERP & MIS adequacy
• Project cost/revenue tracking accuracy
• Escrow & cash management controls
• IT & data security framework
• Automation readiness for multi-city ops

Tax Structuring & Compliance

• Group structure & intercompany transactions
• GST, income tax & stamp duty compliance
• SPV and JV structuring efficiency
• Pre-IPO restructuring opportunities

ESG & Sustainability

• Green building certifications (IGBC/GRIHA)
• Energy efficiency, waste management
• Labor welfare & safety protocols
• CSR initiatives & community engagement

IPO Execution Roadmap

• Gap summary & prioritization
• Action plan with timelines & owners
• IPO process timeline (DRHP to listing)
• Advisor identification (banker, legal, auditor)
• Investor communication plan

IPO Transformation: What We Do, Phase by Phase

IPO Diagnostics and readiness assessment
Gap identification: SEBI eligibility, Governance, Finance, Legal, HR, ESG
Preliminary valuation benchmark
IPO route selection (Main Board / SME) + Plan B
Establish IPO Project Management Office (PMO)
Promoter-group compliance & structuring review

Management Layer (CFO, CS, IDs)
Governing Board and Committees
SOPs, Policies, Policy Manuals, Training, ESOPs
Internal Financial Controls (IFC)
Prepare Ind AS Financials
Capital Structure
Data Room
Legal Compliances (SEBI + Sectoral)
Legal structuring (Group M&A)
Tax compliance and structuring
Brand/Trademark Management

Appointment of Intermediaries (Auditor alignment, Independent CAs (for certifications), Registrar, BRLMs, Lawyers, Ad Agency, Industry Report, Implementing Agency, Printer etc.)
Completion of Due Diligence
Structural Digital database (SDD) and Prevention of Insider Trading (PIT) Tool
Corporate actions (e.g., share lock-in)
Certifications
DRHP finalization
Pre-IPO Funding
SE & SEBI Approval
Roadshows (Investor meets)
RHP
Listing + Post IPO compliance

What Founders, CFOs, and Investment Bankers Rely on Omnifin For

A genuine partner, not a periodic consultant

Senior accountability throughout

A pre-assembled advisory ecosystem

Valuation depth built in

No conflicts of interest

Why the Companies That List Successfully Begin Preparing Years Earlier

A mainboard listing on the NSE or BSE is the most scrutinised event in a company's lifecycle. SEBI, your merchant banker, your statutory auditor, institutional investors, and ultimately the public market will all evaluate the quality of your financial reporting, the maturity of your governance, and the coherence of your equity story — simultaneously.

The companies that navigate this successfully share one characteristic: they started early. They treated the IPO not as a transaction to be executed in the final six months before filing, but as a multi-year institutional transformation that required dedicated advisory support from the beginning.

Omnifin operates as that dedicated advisory partner. We embed with your finance and leadership team in the preparation phase — managing the governance structuring, the financial restatement, the internal controls build, and the process coordination that determines whether your DRHP is filed on schedule, your SEBI queries are manageable, and your pricing reflects the institutional quality of your business.