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The roadmap — Stage 05 of 07

Diligence
preparation.

Every IPO involves diligence. The only variable is whether it happens on your timetable or the banker's. A prepared data room turns diligence from an interrogation into a verification exercise.

What happens in this stage

We build the data room the way a buyer's lawyers will want to see it: corporate records and statutory filings, material contracts with change-of-control and assignment clauses flagged, litigation and regulatory matters with status notes, tax positions with supporting opinions where they're aggressive, IP registrations and assignments, employment and ESOP documentation, insurance, property titles. Organised, indexed, and current — not a folder dump.

Then we pre-answer. For every item a diligence team will question, there's a note: what it is, why it's structured that way, what the risk is, what's been done about it. The related-party supply arrangement, the old tax dispute, the property with the imperfect title — all disclosed with context, in our words, before anyone asks. Diligence findings you volunteer are diligence items. Diligence findings they discover are problems. Same facts, different outcomes.

Deliverables

  • Structured data room — indexed across legal, financial, secretarial, tax
  • Issue log with responses — every likely question, pre-answered
  • Contract review — change-of-control, assignment, and termination flags
  • Litigation & tax summary — status, exposure, strategy per matter
  • Diligence-ready MIS — the numbers behind the narrative, reconciled

Timeline

Eight to twelve weeks to build properly. Maintenance after that is continuous — the data room stays live and current through filing.

Where companies stumble: treating the data room as a last-minute exercise — uploading whatever's at hand the week diligence starts. The result is predictable: weeks of follow-up requests, each one eroding the banker's confidence slightly. The other failure mode is the sanitised data room, with the awkward items quietly omitted. Diligence always finds them. Always.

What this unlocks

Speed and credibility. Bankers and investors notice a prepared data room immediately — it signals a company that's been run properly, and it compresses the diligence calendar from months to weeks. In a market-sensitive timetable, that's worth real money.

IPO readiness

Know where you stand before the banker does.

Take the scorecard, then let's talk about the gaps — with a dated plan, not a sales pitch.

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