Eligibility Criteria for listing

Eligibility Requirements for Submission of Application for Public Offer of Equity Securities

An issuer shall be eligible to submit an application for a public offer of equity securities subject to compliance with the following conditions:

• Must be a public limited company (method-specific conditions apply for fixed price, book building, greenfield, and RPO).
• Minimum BDT 30 crore pre-IPO and BDT 50 crore post-IPO capital
• At least 10% of shares must be offered to the public
• Sponsors/directors must hold ≥30% post-IPO shares and shareholders with 5% or more stake not be loan defaulters
• At least 1 year of profitability with no negative Retained Earnings 
• Compliant financial statements audited by the BSEC panel of auditors
• Strong corporate governance, AGM compliance, and disclosure standards
• At least 90% prior fund utilization properly reported
• Minimum 35% underwriting on firm commitment basis
• No major capital changes in the last 2 years (except permitted cases)

Full compliance with securities laws and regulatory approvals