Scale Up · Capital markets partner + CS and audit team

IPO Readiness & Transformation Program

A listing is judged on two years of history you cannot amend once the process begins. That is why the work starts early: restating financials, constituting a board that would satisfy an independent director, unwinding related-party habits, and building an equity story from evidence rather than ambition. Sequenced properly, listing becomes a milestone instead of a scramble.

The problem

Listing exposes everything a private company was allowed to keep informal. Issues fail on the runway, not on the day — on restatements, related-party history and a board that was never genuinely independent.

Every deal is priced on what diligence finds — and that work starts long before the term sheet.
— what our partners tell every scale up founder
How Bequip handles it

We assess readiness first, then run the transformation: financials restated, governance rebuilt to SEBI standard, promoter and group structure cleaned, merchant banker and exchange process coordinated.

What’s included

  • Eligibility and platform assessment — SME and main board
  • Financial restatement and audit alignment
  • Board independence, committees and policy build-out
  • Promoter, group and related-party clean-up
  • Merchant banker, RTA and exchange coordination
  • Post-listing governance and disclosure readiness

What you receive

  • IPO Readiness Assessment
  • Governance Transformation Roadmap
  • Restated Financials & Equity Story Pack
  • Related-Party and Promoter Structure Review
  • Board & Committee Constitution Plan

How it works

1
Partner-led diagnostic

We examine structure, numbers and governance against the specific decision in front of you.

2
Options on paper

A Transaction Structuring Note or Capital Readiness Assessment — routes modelled, risks priced, a clear recommendation.

3
Execution alongside you

Diligence run, data rooms built, bankers and counterparties coordinated — with weekly visibility for you.

4
Board cadence

Quarterly Board Advisory Reports, so the next decision starts from evidence rather than memory.

Why boards and promoters bring us in

1500+businesses advised
20+years of combined experience
10+industries served
800+supported through transition
98%client retention
ICAIICSIStartup IndiaMSME RegisteredK-DISC

Proof

The businesses we advise and what changed.

“Bequip Advisory is an excellent partner for company secretarial, legal, taxation, financial and consultancy services. They provide a complete package for setting up and running a business. Their monthly newsletters and compliance calendar are particularly useful in keeping the business organised and compliant.”
SISwaminathan S IyerBusiness owner
“Bequip Advisory is one of the best management consultancies for company secretarial, corporate legal, project structuring, amalgamations and strategic mergers, management consultancy and franchise advisory. Their prompt reminders and timely delivery make managing complex business requirements much easier.”
AJAhamed JavedPromoter
“Bequip Advisory helped us bring greater structure and clarity to our corporate governance. Their understanding of board processes, compliance and business requirements gave us the confidence to make decisions with better oversight and accountability. They are more than compliance advisors — they bring a strategic perspective to governance.”
MDManaging DirectorMid-sized company, Kerala

Read the full success stories

Before you ask

Questions founders ask
about IPO Readiness & Transformation Program.

Something else on your mind? Ask us directly — a senior adviser replies, fast.

Which stage of business does Bequip work with?

All three. Set Up — businesses establishing, restructuring or formalising. Step Up — businesses that have outgrown informal systems and founder-led decision-making. Scale Up — businesses preparing for expansion, capital, transactions or institutionalisation. Most clients arrive at a transition between stages; that is exactly the moment we are built for.

When does a business need a Fractional CFO?

Usually at Step Up — when revenue is growing faster than your visibility of it: numbers arrive late, cash flow isn’t clear, and the founder still drives every financial decision. A Fractional CFO brings senior financial leadership — planning, MIS, forecasting, management reviews — without the cost or commitment of a full-time hire.

Does Bequip replace our CA / auditor?

No — and we don’t try to. Your CA keeps the books and the statutory work; your auditor stays independent. Bequip takes the layer above: governance, structuring, transitions, transactions, and CFO-level decision support. Most engagements run alongside a CA the client already likes. We brief them, not around them.

When should a business consider restructuring or transition advisory?

Before the pressure point, not after it — when the founder is still in every decision, when the next generation is entering, when a partnership has outgrown its deed, or when a raise or transaction is 12–24 months away. Structures are cheapest to change while nothing is forcing the change.

Can Bequip support one specific business transition?

Yes. Many engagements are a single defined transition — a corporatisation, a founder-to-management handover, a family succession, a fund-raise, an India entry. We agree the scope and the deliverable up front, and if it later grows into standing advisory, that is your call, not our assumption.

Considering IPO Readiness & Transformation Program? Bring us in early.

A free 30-minute strategy call with a senior advisor — your top risks and next moves, mapped.