Overseas Listing Conversation #3 - Rise of SPACs: Seizing the opportunity by Indian corporates

While the government intends to allow Indian companies to directly list overseas, clear guidelines and regulations are awaited. Meanwhile, growing market acceptance and investor interest in SPAC IPOs provide an exciting opportunity that Indian businesses should not miss to access global markets. However, Indian companies need to be conscious of the disclosures and preparation required to successfully go down the SPAC route.

Grant Thornton Bharat organised a webinar on Rise of SPACs: Seizing the opportunity by Indian corporates, where our distinguished panel discussed the latest emerging trends in the SPAC space and what is takes to successfully leverage this route to go public. Key aspects the panel included:

• How does a SPAC work and what are the benefits Vs. risks
• How can one plan a optimal structure and process for a merger
• Understanding and preparing for Tax, Regulatory, Compliance and Financial Reporting requirements
• How to conduct Diligence, Valuations and Corporate Governance checks to get ready for a SPAC listing