The SME IPO Handbook · Chapter 11 of 12
Migrating from SME to Mainboard
The route up
A well-run SME company can migrate to the mainboard after meeting conditions such as a minimum listing period, paid-up capital, market capitalisation and shareholder approval.
Why it matters to investors
Migration can bring better liquidity and wider investor access, and many investors track candidates. It is not guaranteed, and a failed or delayed migration can disappoint.
Where to look
Exchange circulars announce migrations. Check them directly rather than relying on forum posts.
Key takeaways
- Migration needs conditions and approvals.
- Mainboard status usually improves liquidity.
- Do not assume a migration will happen.