Why the non-IPO route
Choosing a non-IPO reverse merger arrangement provides Infra.Market with a faster route to the public markets. Furthermore, the transaction is being carried out through a preferential allotment via a share swap, rather than a formal scheme of merger/amalgamation under the Companies Act, potentially making the process faster. Experts say that while the IPO route and merger/amalgamation under the Companies Act can take 6 to 18 months to finalise, the proposed structure could be completed faster.
