Listing Services

BAM have a cohesive team of professionals deployed in over 30 key global capital markets. With our in-depth knowledge of the rules and regulations governing all of the world’s leading capital markets, we are well placed to help you navigate every phase of this critical and extremely complex process. So that you can choose the right market for your company.

Among the many services we can provide:

• IPO readiness assessment
• Pre-IPO valuation
• Comparison of stock exchange requirements
• Industry and peer group analysis

Choosing your market:

One of the most important (and earliest) decisions you’ll have to make is the market on which to float your company. Today there are more viable options for companies than ever before – including your own domestic stock exchange, an international stock exchange, or even a dual listing. The decision you make will profoundly affect not only your valuation and your on-going relationship with investors – it will also impact your structure, processes and strategy into the foreseeable future so you’ll want to choose carefully and strategically, taking into account both short and long term ambitions.

The critical factors

Here are some of the critical issues to be evaluated across each market you consider:

• Your desired valuation
• The depth and breadth of the investor base
• Impact to your business development
• Long-term liquidity trends in the market, and current appetite for new listings
• The market’s regulatory requirements, including post-listing compliance obligations
• The choices made by competitors in your peer group
• The local economic conditions of your industry
• The degree of prestige of the index
• Market timing and speed to market
• Differences in culture, language, time zone, etc.

Getting IPO ready: 

Once you’ve decided to go public, you need to be in the right shape to begin the process – the sooner, the better. You’ll need to have a well-thought-out business plan and corporate and tax structure, a compelling equity story, and appropriate governance, financial and IT systems in place. From day one, you’ll need to be ready to address new requirements around regulatory compliance, operations, risk management, reporting, investor relations, and much more.

All of this, of course, while continuing to run your day-to-day business efficiently and strategically.

Bel Asset Management have the people, market presence and tools to support you through every stage of the IPO preparation process.

A typical IPO readiness assessment would cover the following areas:

• the historical track record and equity story
• major listing hurdles and requirements
• transaction structuring (eg. tax efficiency)
• identification of key value drivers and risk factors impacting on business valuation
• assessment of corporate governance arrangements
• help in selection of the right market and advisory team