Ministry of Energy will create a stock market for pre-IPO of small technology companies

The company must be included in the special registry of small technological companies of the Ministry of Energy; are included there after an independent examination in reliable centers, for example, the Skolkovo Foundation, as well as those that are included in the Unified Register of Recipients of state support and did not receive it earlier than three years ago. In addition, a limit is set on income: it should not exceed 4 billion rubles for the previous year.

Requirements for issuers:

• the company’s valuation should range from 300 million to 5 billion rubles;
• volume of securities placement – from 200 million to 5 billion rubles;
• minimum income is 500 million rubles, there are no profit requirements;
• Among the objectives of attracting investments are financing fixed assets, scaling a business, launching new products, expanding the geography of presence, import substitution and innovation;
• The company must have a board of directors or other corporate governance body.

According to the newspaper’s interlocutor, the liquidity of the new exchange will be limited. Companies will be able to test their potential for a future IPO, raise new capital and close deals in the early stages of a company’s development. As part of the new exchange, a new stock index will also be created, which should simplify the process of placing venture projects and companies and increase the attractiveness for specialized investors, a representative of the department said.

The Ministry of Energy predicts that between 2029 and 2030 the exchange will achieve a total turnover of between 30,000 and 50,000 million rubles. According to Pavel Gudkov, vice president of financial support and technological expertise at Skolkovo, individuals have accumulated a large amount of free financial resources, so a pre-IPO with the participation of the state can become a highly profitable and high-quality alternative to deposits. high risk.

The director of the Rounds investment platform, Anton Utekhin, agrees with him, emphasizing that the implementation of secondary circulation of previously acquired instruments will help increase the liquidity of companies and reduce risks for investors.