14 Aug 2025
Indian companies and foreign companies can now raise funds from global investors
through IPO in IFSCA, Gift City.
Who is eligible to bring IPO?
Turnover criteria: Turnover of USD 20 Mn in last financial year or average
turnover of USD 20 Mn in last 3 years
Profit criteria: Pre-tax profit of USD 1 Mn in last financial year or average
profit of USD 1 Mn in last 3 years
Market cap: Post issue market value of shares issued should be at least USD 25
Mn
