An Initial public offering (IPO) refers to the process of offering shares of a private corporation to the public.
Any SEC registered company that meets the PSE’s Listing General Criteria may apply. The applicant may access the listing requirements through https://www.pse.com.ph/ipo-listing-requirements/.
To fulfill the listing application, the applicant will navigate through four main stages of the listing process namely the Preparatory Stage, Filing Stage, Processing and Evaluation and Offering and Sale of Shares.
For the Preparatory Stage or Pre-filing process, this would mainly depend on Applicant Company’s IPO readiness (business and corporate structure, financial statements, completeness of company document and etc.). As for the Filing Stage up to the Listing date, the usual timeline would be around 3 months. With that said, a typical IPO takes about six (6) to seven (7) months.
The Exchange is extending FREE training and consultation for interested companies. To book your virtual session, simply fill out the Listing Consultation Form through https://www.pse.com.ph/listing-application-online-consultation/ or you may email your request to [email protected].