IPO eligibility is often viewed as a checklist.
But in reality, it is a test of the entire ecosystem — issuer, promoters, and directors.
From debarment linkages to wilful default classifications and the fugitive clause, eligibility is not assessed in isolation.
It is shaped by conduct, connections, and governance track record.
The real question is not: Can the company file a DRHP?
But: Is the company ready to operate as a listed entity from Day 1?
This carousel breaks down key aspects of promoter–director eligibility under the SEBI framework.
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