Realisation stage

• Submit and lodge prospectus with the authorities and regulators
• Answer queries and concerns of the authorities and regulators
• Conduct the IPO road shows
• Launch the IPO

Execution stage

• Draft the prospectus
• Complete the corporate reorganization
• Prepare financial information
• Recruit non-executive board members and audit committee members
• Firm up on pricing and valuations

Preparation phase

• Assemble the appropriate management and finance team
• Construct financial and operational infrastructure
• Establish corporate governance structure
• Prepare an investor relations and public relations strategies
• Appoint professionals and advisers
• Correct the financial statements and address the accounting and tax issues
• Plan the IPO timetable

Evaluation  at the  planning phase

• Financial performance, track record of growth and long-term business plan
• Market conditions and options available
• Requirements for corporate reorganization
• Availability of the appropriate resources and quality