Pre-IPO Advisory — engineer your company for long term success (not just listing gains)

The best IPOs look effortless because the real work happened 12 months before the filing. Transique’s pre-IPO advisory practice is built for the mid-market corporate that has decided to go public in the next one to three years and wants a senior team to close the governance, capital-structure, financial-reporting and investor-narrative gaps before the regulatory clock starts.

We do not replace the merchant bankers. We prepare you to be a company that merchant bankers, institutional anchors and regulators want to say yes to.

• You have decided that an IPO is the right exit or growth event in the next 12–36 months, and you want a disciplined pre-IPO programme.
• You are considering a pre-IPO round — anchor, late-stage PE, or structured equity — and need a process that does not compromise post-IPO valuation optionality.
• Your governance structure (board composition, audit committee, related-party transactions, promoter compensation) needs to meet SEBI LODR-level standards before the DRHP is filed.
• Your financial reporting needs to be Restated and audit-reviewed to SEBI’s historical-period requirements.
• Your capital structure is too complex for a public market — multiple share classes, ESOP overhang, convertibles — and needs simplification ahead of filing.
• You are weighing a Main-Board IPO vs SME IPO decision and need a defensible framework to choose.

• Pre-IPO diagnostic — governance, capital structure, financial reporting, related-party transactions, disclosure risks.
• A 12 month pre-IPO roadmap with milestones, dependencies and responsibilities.
• Pre-IPO fundraising — anchor rounds, structured equity, late-stage PE — with terms engineered to survive IPO.
• Capital-structure clean-up — consolidation of share classes, ESOP rationalisation, debt repositioning.
• Governance uplift — board composition, audit-committee charter, Independent Directors, RPT framework, whistle-blower policy.
• Financial-reporting readiness — Restated Financials conversion support, review of critical aspects including Inventory, Debtors etc, Peer-reviewed Auditors.
• DRHP section drafting support — Business, Industry, Risk Factors, MD&A sections (in coordination with the appointed merchant banker).
• Anchor-investor programme design and outreach.

1. Readiness assessment. Detailed gap analysis against SEBI ICDR / LODR Regulations, Restated financials, accounting practices, Risks, peer comparison, valuation, Investors and market expectations.
2. Roadmap and governance. Agree the IPO timeline; constitute the IPO steering committee; set monthly governance cadence.
3. Pre-IPO / structured finance capital raise(if required). Structure, run and close the pre-IPO / structured finance round with terms that do not compromise IPO-time valuation flexibility.
4. Capital-structure simplification. Rationalise share classes, ESOP pool, promoter holdings, convertible instruments.
5. Financial and governance uplift. Appointments of CFO and Company Secretary, Independent Directors, commitees etc on financial re-statements, related-party cleanups, policy formalisation.
6. DRHP support. Work alongside the merchant banker and lawyers on the narrative-heavy sections of the DRHP.
7. Readiness sign-off. A final readiness review three months before anticipated filing — red, amber, green report with specific remediation items.

• Senior team with hands-on DRHP experience across Main-Board and SME issues.
• Integrated valuation, governance and legal capability — the three disciplines a pre-IPO company needs in lockstep.
• Independence from merchant bankers — we work for you, not for the issue-manager’s commercial terms.
• Confidentiality and process discipline — pre-IPO work requires sensitive internal changes; we protect the information perimeter.

Corporate Finance, M&A and IPO, Pre IPO Clients of Transique Corporate Advisors