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SMEs can issue IPOs and get listed on the exchange if they meet the following requirements: The SME should be incorporated under the Companies Act, 1956. The SME should have a face value (post issue paid-up capital) of up to ₹25 Crore. The SMEs net tangible assets should be worth ₹1.5 Crore.
4 For example, in manufacturing, an SME is a firm with 500 or fewer employees. 5 In contrast, businesses that mine copper ore and nickel ore can have up to 1,400 employees and still be identified as SMEs. 6 The U.S. distinctly classifies companies with fewer than 10 employees as a micro business.
The UK definition of SME is generally a small or medium-sized enterprise with fewer than 250 employees and a turnover of less than 36 million (or a balance sheet total of less than 18 million). Within this umbrella there are three different categories: medium-sized, small, and micro-businesses.
Requirements when applying Fully completed application Form (signed) Bank Statements. Business Registration Certificate. Tax identification Certificate (IRC TIN) 2 x valid ID. Borrower Profile (Business Owner) Business Profile / Business Plan. Detailed Cash Flow Projections for the next 12 months.
Theres no specific requirement for becoming an SME without taking a specialized course or earning a certification. Industry leaders consider a minimum of 10,000 hours of coursework and experience necessary to become a subject matter expert, although some place the minimum closer to 20,000 to 25,000 hours.

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Business registration documents. Registration certificate of business as SME. A copy of sales tax returns filing documents. A copy of income tax returns filing documents. Any sector-specific licenses, such as drug license in the case of a pharmaceutical enterprise.
A subject matter expert, or SME, is a person with bona fide expert knowledge about what it takes to do a particular job. First-level supervisors are normally good SMEs.

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