Initial Public Offering (IPO), SMEs in the UAE can raise funds through IPO very soon that the SMEs in the UAE owned by the UAE nationals will be able to take Initial Public Offering (IPO) route in order to raise funds in the near future. With regard to SMEs opting for Initial Public Offering (IPO) for fundraising to quote Dr Adeeb Alafeefi, Director for The National Program for SMEs under the Ministry of Economy, "As we speak, we are working with federal securities authority to look at applying such methods in getting loans and (opting for) IPOs through bourse for the SMEs. It is at a very early stage but, nevertheless, negotiations have already started and we're looking to forward to see something resolving in 2020," he has mentioned. The plan has been initiated to support and encourage the businesses for SMEs owned by UAE Nationals in the UAE. The national program scheme in the UAE for SMEs owned by UAE Nationals also provides financial support ranging from AED 300,000/- to AED 30 Million which will depend on the kind of business they are practising. These kinds of SMEs are also given 90% support in funding to take part in local and international exhibitions.
~Source: Khaleej times (https://www.khaleejtimes.com/smes-owned-by-nationals-will-soon-be-able-to-take-ipo-route)
The Initial Public Offering, IPO is one of the methods for companies to raise funds by listing the company’s shares on the public exchange through the issuance of public share ownership. While listing the company shares on public exchange new shares are created, underwritten and sold to the public. The underwriter is the middleman who works with the company throughout the process of Initial Public Offering (IPO). The underwriter extends its support to initiate buyers with the initial offer price, complies with all the regulatory requirements, sells investors. How does Initial Public Offering (IPO) work? Before a business opts for Initial Public Offering (IPO), they are considered to be a private company. Once a business is matured enough to opt for Initial Public Offering (IPO) there are a few processes on how it works:
The right time for businesses to opt for Initial Public Offering (IPO) is when the business is healthy and steady. It is significantly important to determine on how our business is running before you make your business public. Opting for Initial Public Offering (IPO) might not be a good choice when the business is not stable and not functioning well. Also, if your business is flourishing and the future projections show a steady growth it shall be a good time for Initial Public Offering (IPO).
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