Northbeam Venture
The Journey

From mandate to
listing day & beyond

A five-phase walkthrough — what happens, who's involved, and where Northbeam adds value at each step of your SME IPO.

The IPO Journey

A typical SME IPO unfolds over five distinct phases across 9–12 months — from boardroom planning to bell-ringing on listing day.

Phase 01
Foundation & Planning
Months 1–2
Phase 02
Due Diligence & Conversion
Months 3–4
Phase 03
Documentation & Approvals
Months 5–7
Phase 04
Filing & Issue Launch
Months 8–9
Phase 05
Final Listing & Beyond
Month 10 +
Phase 01·Months 1–2

Foundation & Planning

01

Appointment of Merchant Banker

Selecting the right advisory partner to guide the entire process.

02

Review of Business Plans & Capital Restructuring

Strategic assessment and optimisation of corporate structure.

03

Appointment of Other Intermediaries

Engaging legal advisors, auditors, registrar, and other key professionals.

Phase 02·Months 3–4

Due Diligence & Conversion

04

Due Diligence by Merchant Banker

Comprehensive review of business, financials, and compliance.

05

Conversion to Public Limited

Legal restructuring and governance enhancement with independent directors.

Phase 03·Months 5–7

Documentation & Approvals

06

Preparation of Prospectus

Drafting the detailed offer document for investor disclosure.

07

Stock Exchange Approval

Submission and clearance from the exchange.

08

Pre-Issue Compliance

Fulfilling all regulatory requirements before issue opens.

Phase 04·Months 8–9

Filing & Issue Launch

09

Filing of Prospectus

Official filing with the Registrar of Companies.

10

Post-Issue Compliances

Meeting all regulatory requirements after filing.

11

Issue Opening & Closing

The public subscription window — investors apply for shares.

Phase 05·Month 10 +

Final Listing & Beyond

12

ROC Approval

Securing final regulatory clearance from the Registrar of Companies.

13

Listing of Shares

Official commencement of trading on the stock exchange.

14

Continuous Assistance

Ongoing support for compliance, reporting, and investor relations.

15

2–3 Years of Handholding

Long-term partnership for subsequent fundraising, growth, and main board migration.

Free Consultation

Ready to write your growth story?

Whether you're an emerging enterprise or an established business, Northbeam Venture is your partner from ambition to listing.