* A listed SME need not send a full annual report to its shareholders; a statement listing salient features of all documents is enough
* Only half-yearly, instead of quarterly, financial results to be submitted to the exchange & Sebi
* No need to publish financial results; the firm can make it available on the website
* A minimum of 50 investors are required at the IPO stage; their number can come down post-issue
* The minimum lot size for trading
is Rs 1 lakh
* Any SME whose post-issue face value capital does not exceed Rs 10 crore can make an IPO
* Those with post-issue face value capital between Rs 10 crore and Rs 25 crore can migrate tomain board
* Issue will be 100% underwritten and merchant banker/s will underwrite 15% of the issue in their own account
* Merchant banker/s can enter into agreement with nominated investors to subscribe to the unsubscribed portion of an issue