IPO readiness assessment

Preparing a well thought-out plan and timetable at the earliest possible stage of the going public process is essential for a successful IPO. Issues identified at this early stage can then be tackled before the offering, potentially saving both time and money.

PricewaterhouseCoopers will assess the factors affecting your company’s ability to conduct a successful IPO and subsequently function as a public company. You will receive a report that includes a summary of the requirements your company must meet, an analysis of the current situation, and our recommendations for further steps that need to be taken.

Our work focuses on the following areas:

Strategy

• Will the company’s corporate structure facilitate an IPO?
• Is the planned use of proceeds from the IPO appropriate?
• Will the issue of Global Depositary Receipts (GDRs) be appropriate?

• Have adequate corporate governance practices been implemented?
• Are the company's mission and strategy clearly communicated?
• Is a transparent operational plan for implementing the company’s strategy in place?
• Are internal control systems adequate?
• Does the company have a good reputation on the market and with the public?

• Scope of financial information to be included in the prospectus
• Availability of financial information

• Comparison and assessment of possible reorganisation scenarios for the company (group) in terms of tax implications, and identification of an appropriate solution
• Practical tax aspects of implementing the selected reorganisation scenario
• Identification of the main tax implications of the chosen management incentive scheme
• Practical tax aspects of the treatment of costs incurred in the public offering

• Adaptation of the company’s development strategy to the challenges of the public market
• A better understanding of potential factors affecting business valuation
• A transparent plan and timetable for IPO preparation and listing
• Initial recommendations for the company’s existing internal control system, in particular, regarding its ability to address significant financial reporting risks
• Preparing the company to meet financial reporting requirements for the prospectus
• Initial recommendations regarding corporate governance and communication with the market
• Cost and tax optimisation during reorganisation and at all stages of the going public process
• A better understanding of investors' expectations and how to fulfil them

• A preliminary assessment of the company's ability to raise capital in the existing market environment
• A concise report summarising the current level of IPO readiness and identifying areas for improvement
• An action plan to facilitate the company’s IPO readiness